5329 First Line, Erin

Price: $3,649,000

5 bedrooms, 6 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: X13031230

Welcome to 5329 First Line an architectural masterpiece nestled in nature, where luxury meets serenity. This exceptional property offers approximately 7,000 sq. ft. total of luxurious living space, and approximately 4111 sq. ft. above ground! Set on a quiet rural road and nestled on a breathtaking 10-acre lot, including 8 acres of pristine conservation land with walking trails. Featuring 4 spacious bedrooms and 5 bathrooms, each bedroom comes complete with its own walk-in closet and private ensuite bathroom, delivering comfort, privacy, and elegance at every turn. The open-concept main floor boasts soaring ceilings in the great room, a gourmet kitchen with an oversized waterfall island, walk-in pantry, and access to multiple decks perfect for seamless indoor-outdoor living. The fully finished lower level includes a stunning wet bar area with a built-in pizza oven and charcoal BBQ, plus a rough-in for a hot tub ideal for entertaining or relaxing in style. The oversized heated 3-car garage is equipped with Wi-Fi-enabled door openers, Massive 10x10 oversized garage doors, and roughed-in EV charging outlets. A short walk to the Eramosa River, great for fishing and exploring. This is a rare opportunity for the discerning buyer seeking a private, show-stopping home that combines luxury, functionality, and the beauty of nature. If you have been searching for something truly special, your search ends here. Please see attached for an unparalleled level of upgrades, features, and chattels too many to list.

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$3,649,000 - 5329 First Line, Erin

Detached for Sale in Erin

58 days on market
5Beds
6Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
X13031230
Property Type
Detached
Status
active
Days on Site
58
Bedrooms
5
Bathrooms
6
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Erin
Lot Size
10 sqft
Listing Brokerage
HOMELIFE REGIONAL REALTY LTD.
Description

Welcome to 5329 First Line an architectural masterpiece nestled in nature, where luxury meets serenity. This exceptional property offers approximately 7,000 sq. ft. total of luxurious living space, and approximately 4111 sq. ft. above ground! Set on a quiet rural road and nestled on a breathtaking 10-acre lot, including 8 acres of pristine conservation land with walking trails. Featuring 4 spacious bedrooms and 5 bathrooms, each bedroom comes complete with its own walk-in closet and private ensuite bathroom, delivering comfort, privacy, and elegance at every turn. The open-concept main floor boasts soaring ceilings in the great room, a gourmet kitchen with an oversized waterfall island, walk-in pantry, and access to multiple decks perfect for seamless indoor-outdoor living. The fully finished lower level includes a stunning wet bar area with a built-in pizza oven and charcoal BBQ, plus a rough-in for a hot tub ideal for entertaining or relaxing in style. The oversized heated 3-car garage is equipped with Wi-Fi-enabled door openers, Massive 10x10 oversized garage doors, and roughed-in EV charging outlets. A short walk to the Eramosa River, great for fishing and exploring. This is a rare opportunity for the discerning buyer seeking a private, show-stopping home that combines luxury, functionality, and the beauty of nature. If you have been searching for something truly special, your search ends here. Please see attached for an unparalleled level of upgrades, features, and chattels too many to list.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$16,140.76/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $2,919,200Interest: $1,923,027
Mortgage Amount$2,919,200
Total Interest$1,923,027
Est. Property Tax$2,585/mo
Total Cost$4,842,227

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

5329 First Line, Erin

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$2,585
Insurance (est.)-$760
Net Cash Flow+$1,105

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

Fair Market Value

At $1043/sqft, this property is priced in line with current Erin market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 58 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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Erin.

Bathroom Count Matters

With 6 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.

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    5329 First Line, Erin | $3,649,000 | Battaglia Team