$1,849,000 - 4905 First Line, Erin
Detached for Sale in Erin
99 days on market- MLS Number
- X12878834
- Property Type
- Detached
- Status
- active
- Days on Site
- 99
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Erin
- Lot Size
- 10 sqft
- Listing Brokerage
- ROYAL LEPAGE MEADOWTOWNE REALTY
This bright and peaceful home provides more than 4,000 sq ft of living space nestled on private and scenic 10 acres. A large eat-in kitchen has plenty of counter and cupboard space and opens out to a big multi-tiered deck perfect for family meals and gatherings or enjoying the sunrises. The family room offer a warming fireplace and walks out to a sunroom with a hot tub for year-round relaxation. There is also an open concept living and dining room to accommodate large gatherings and hosting special occasions. Upstairs, you will find 4 spacious bedrooms, giving everyone in the family their own space to sleep, study, and play. The principal bedroom includes a private 4 pc ensuite with a luxurious glass walk-in shower. The finished basement adds even more living space perfect for a playroom, games area, gym or movie nights and extra storage space. Step outside to enjoy endless activities right in your own backyard that gives your family the freedom to grow, play and enjoy nature every day. You will love the heated swimming pool and exploring the land as your own natural 4-season playground. Pick apples and pears from your own trees, grapes and raspberries and grow your own food in the 25 ft x 50 ft fenced vegetable garden. In the winter, there is room to create your very own ice rink for skating and hockey. Stay comfortable all year with cost-efficient geothermal heating and cooling. Work from home or stream with high-speed fibre internet. An oversized 2-car garage provides access into the house, space for cars, tools and outdoor gear with lots of additional parking on the paved driveway. Many updates have been made to this property including many thermal oversized windows, R-50 insulation in the attic, fascia and eavestrough, pool heater and pump. A small portion of the portion of the property under CLTIP reducing property taxes. This rural property located on a paved road is close to Acton, Rockwood, GO train station, schools, shops, churches and golf courses.
Estimate your monthly payments for this property
Estimated Payment
$8,178.75/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Erin
Erin is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Erin
- •Convenient location in Erin
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Erin offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
4905 First Line, Erin
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $740/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 99 days on site, this property has exceeded the typical selling timeline for Erin. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Erin are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Erin. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Erin properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,704 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.