6128 Eighth Line, Erin

Price: $2,895,000

4 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13449124

Looking for that property that is the complete package, Here you go. Follow the winding driving way up to a sprawling almost 2700 sqft all brick bungalow. Open concept design, 9 foot ceiling throughout. 3 spacious bedrooms with primary boasting a 5piece ensuite with large walk in closet. For added company or rental capabilities the basement is finished with a large 1 bedroom in law suite fully equipped with kitchen and 4 piece bathroom, separate driveway and side entrance. Beautiful views from every window in the home, also 3 fenced in paddocks and animal shelter if you were wanting to bring your friends along. Drive in oversized 2 car garage. 50X80 steel shop built in 2017 is truly remarkable, a 2 room office with kitchen on the upper floor and a 1 bedroom large office on the ground floor with Kitchen bathroom & gas fireplace, add for some serious income possibilities, fully insulated and as with the home you will see top quality, craftsmanship and finishes throughout. Shop has commercial designation and is used as non conforming business. If you're looking to work from home, have an amazing shop for your business and would like multiple forms of income this is the property is for you.

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active
New Listing
1/50

$2,895,000 - 6128 Eighth Line, Erin

Detached for Sale in Erin

New — Listed 3 days ago
4Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X13449124
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
4
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Erin
Listing Brokerage
ROYAL LEPAGE RCR REALTY
Description

Looking for that property that is the complete package, Here you go. Follow the winding driving way up to a sprawling almost 2700 sqft all brick bungalow. Open concept design, 9 foot ceiling throughout. 3 spacious bedrooms with primary boasting a 5piece ensuite with large walk in closet. For added company or rental capabilities the basement is finished with a large 1 bedroom in law suite fully equipped with kitchen and 4 piece bathroom, separate driveway and side entrance. Beautiful views from every window in the home, also 3 fenced in paddocks and animal shelter if you were wanting to bring your friends along. Drive in oversized 2 car garage. 50X80 steel shop built in 2017 is truly remarkable, a 2 room office with kitchen on the upper floor and a 1 bedroom large office on the ground floor with Kitchen bathroom & gas fireplace, add for some serious income possibilities, fully insulated and as with the home you will see top quality, craftsmanship and finishes throughout. Shop has commercial designation and is used as non conforming business. If you're looking to work from home, have an amazing shop for your business and would like multiple forms of income this is the property is for you.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$12,805.56/mo

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5-yr fixed avg.

Principal: $2,316,000Interest: $1,525,668
Mortgage Amount$2,316,000
Total Interest$1,525,668
Est. Property Tax$2,051/mo
Total Cost$3,841,668

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

6128 Eighth Line, Erin

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$2,051
Insurance (est.)-$603
Net Cash Flow+$896

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 $1158/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Erin's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 5 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 $12,063 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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