$3,390,000 - 4958 Wellington Road 125 N/A, Erin
Detached for Sale in Erin
- MLS Number
- X13188970
- Property Type
- Detached
- Status
- active
- Days on Site
- 23
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Erin
- Lot Size
- 99 sqft
- Listing Brokerage
- ROYAL LEPAGE MEADOWTOWNE REALTY
First time for sale in five generations. This is not your ordinary rural estate. Set on 98.89 acres, the 2001 custom-built brick and stone bungalow has 4,600 sq ft of living space with a walk out basement. The main floor features a bright, eat-in kitchen with a large centre island and walk-out to a deck. A formal dining room, an open-concept great room create comfortable and inviting living areas for everyday enjoyment. The bedroom wing gives you spacious bedrooms plus a principal with an ensuite and walk-in closet. A laundry room and access to the 2 car garage add convenience. The walk out basement provides exceptional versatility with a 2nd kitchen, a 3-pc bath, a 2nd laundry area and separate access to the oversized two-car garage for extended family, guest accommodations or home office and business needs. Many updates include 2024 forced air furnace, central air conditioning and a metal roof (14). The land provides endless lifestyle, recreational and income opportunities. +/- 40 acres cash crops and +/- 25 acres hay fields and space for animals, equestrian, riding trails, maple syrup production, hunting and recreation or rental income. The 48' x 288' heated broiler barn has a concrete floor, water and hydro for poultry or storage. The 3,900+ sq ft bank barn features ground level stables & storage, a 40' x 80' drive shed is equipped with a heated workshop. Other out buildings provide flexibility and rental income potential. OFA credits reduce property taxes. 2 drilled water wells. 2 separate driveways off a paved road. Close to GO service, stores, shops, schools and churches. The property in the Town of Erin with an Acton municipal address. Small portion included in the GRCA. OFA credits may not apply to the new owner. HST may be in addition to the purchase price.
Estimate your monthly payments for this property
Estimated Payment
$14,995.11/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.
4958 Wellington Road 125 N/A, Erin
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Rental income estimator & ROI calculator
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
Premium Pricing
At $1695/sqft, this property is priced above the Erin average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 23 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 4 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 $14,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.