4970 Trafalgar Road, Erin

Price: $2,800,000

0 bedrooms, 0 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X12889592

40 Acre parcel of land located on prestigious Trafalgar Road at the north boundary of Hamlet of Balinafad. Only 8 km from Georgeotown and 14 km from the Town of Erin. Fertile Secondary Agricultural Land. Guelph Loam Type 1- 70% and Guelph Loam Type 2- 30%. Perfect for land bankers, specialty crop farmers, tree or sod farms. Beautiful Balinafad with mansions on estate lots to the south. Build a dream dream residence near GTA.

4970 Trafalgar Road - Detached photo 1 of 1 in Erin, Ontario
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$2,800,000 - 4970 Trafalgar Road, Erin

Detached for Sale in Erin

95 days on market
0Beds
0Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X12889592
Property Type
Detached
Status
active
Days on Site
95
Bedrooms
0
Bathrooms
0
Square Feet
700 - 1,099 sqft
Neighbourhood
Erin
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

40 Acre parcel of land located on prestigious Trafalgar Road at the north boundary of Hamlet of Balinafad. Only 8 km from Georgeotown and 14 km from the Town of Erin. Fertile Secondary Agricultural Land. Guelph Loam Type 1- 70% and Guelph Loam Type 2- 30%. Perfect for land bankers, specialty crop farmers, tree or sod farms. Beautiful Balinafad with mansions on estate lots to the south. Build a dream dream residence near GTA.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$12,385.34/mo

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5-yr fixed avg.

Principal: $2,240,000Interest: $1,475,603
Mortgage Amount$2,240,000
Total Interest$1,475,603
Est. Property Tax$1,983/mo
Total Cost$3,715,603

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.

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Neighbourhood Guide: Erin

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

4970 Trafalgar Road, Erin

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
-0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$1,983
Insurance (est.)-$583
Net Cash Flow-$166

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $4000/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.

Negotiation Opportunity

At 95 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $11,667 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    4970 Trafalgar Road, Erin | $2,800,000 | Battaglia Team