$3,100,000 - 5868 First Line, Erin
Detached for Sale in Erin
- MLS Number
- X13170526
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Erin
- Listing Brokerage
- CENTURY 21 MILLENNIUM INC.
Welcome to the farm! That is the way you greet your guests when you own a lush 129 acres of fertile soil and rolling hills. 85 acres currently farmed for hay, no chemicals have been sprayed. Bring your herd of cattle, sheep, or a mixture of all the farm animals, there's room for plenty. Farm the land yourself or lease it to a local farmer for the agriculture tax credit. Now let us talk about the many layers of this property. Drive down the LONG driveway to complete peace and quiet, only the birds singing and the wildlife playing in the woods. Welcome to the stately 1910 all brick farmhouse, complete with metal roof and transformations inside. All her original glory plus lovely updates. Over 2500 sq feet of living space with a main floor bed and bath. The wrap around sunroom, with sunlight pouring in the huge windows, will be where you drink your morning coffee and enjoy your evening glass of bourbon. Updated eat in kitchen with so much space opens to the enormous dining room to host all the family parties. Three beds and two baths upstairs, all of which have the stunning views of the property. Let's go to the next layer, the three-car garage with finished living space in the loft above. Yes, two beds, living room and kitchenette, gives you all the extra space. Next layer let us go to the back...perennial gardens surround the patio, complete with hot tub and fully fenced 40X16 saltwater pool, with new liner, pump, and heater. Perfect for warm summer days and star filled sky to enjoy every night. Next layer, lets go to the barn for what it is and what it could be. Currently used for crazy huge storage, but stalls could easily put back in, complete with hydro and water. Make your next chapter here, it will be all your memories!
Estimate your monthly payments for this property
Estimated Payment
$13,712.35/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.
5868 First Line, 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 $1240/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 25 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.
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 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 $12,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.