$2,199,000 - 5594 First Line, Erin
Detached for Sale in Erin
31 days on market- MLS Number
- X13144952
- Property Type
- Detached
- Status
- active
- Days on Site
- 31
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Erin
- Listing Brokerage
- Royal Lepage Real Estate Associates
Escape to your private country retreat on 6.78 acres in rural Erin, where this custom-designed 3+2 bedroom, 4 bathroom bungalow offers over 3,500 sqft of finished living space, a 1,875 sqft heated garage & parking for up to 13 vehicles. Built in 2016 & tucked behind an automatic gated entry, the home features hardwood floors, 9' ceilings & a bright, open-concept layout thats ideal for everyday living & entertaining. The great room offers 12' cathedral ceilings, a stone wood-burning fireplace & oversized windows, while the kitchen is equipped w/ leathered granite counters, a centre island w/ pop-up outlets & S/S appliances(2022). A cedar-lined sunroom off the dining area opens to the backyard, creating a seamless indoor-outdoor flow. 3 main floor bedrooms include a spacious primary w/ a walk-in closet, heated tile 4 pc ensuite & walkout to a covered patio. For added convenience, across from the primary suite is a dedicated home office w/ a closet & a front yard view, along w/ a 2 pc powder room & a laundry room w/ built-in cabinetry, tile flooring & direct garage access. On the other side of the home are 2 additional bedrooms w/ hardwood floors, double closets, large windows, along w/ a 4 pc bath featuring heated tile floors. The finished basement w/ a separate entrance from the garage offers excellent potential for multigenerational living w/ 2 rec rooms. One is a private space w/ a pellet stove, while the other sits beside the second kitchen & functions well as a living or dining area. The basement also includes 2 bedrooms & a 3 pc bath. The oversized garage has 13' ceilings, 3 large bay doors, a wet bar & direct access to the main floor, basement & porch. Outdoor highlights include a swim spa(2023), hot tub(as-is), chicken coop & 3 8x20' storage pods(negotiable). Located just minutes from Erin & Hillsburgh, short drive to Guelph, Acton and Orangeville. School route, trails, & more!
Estimate your monthly payments for this property
Estimated Payment
$9,726.92/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.
5594 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
Fair Market Value
At $1100/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.
Market Position
At 31 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.
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 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 $9,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.