$1,349,000 - 8 Scott Crescent, Erin
Detached for Sale in Erin
- MLS Number
- X13168486
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Erin
- Listing Brokerage
- Royal Lepage Real Estate Associates
Welcome to your dream retreat! This expansive 5-bedroom 4-bathroom, 3,800+ square foot detached home is nestled on a tranquil street, offering serene views of Roman Lake and an abundance of wildlife right at your doorstep. Step inside to discover an open-concept main floor perfect for entertaining or cozy family gatherings. Large windows fill the home with natural light and showcase picturesque lake views. The chefs kitchen is a delight, featuring a walk-in pantry and an expansive custom live edge island that invites culinary creativity and casual dining. The dining room with exposed beam ceiling is complete with a cozy wood fireplace perfect for gatherings. The main floor also includes a bedroom and den for added convenience. Make your way upstairs, where you'll find 4 welcoming bedrooms, including the primary suite with a luxurious 5-piece ensuite. The upper level also features a second living room, a cozy library, and convenient upper-level laundry, providing plenty of space for the whole family. The wrap-around covered deck is an ideal spot for morning coffee or evening sunsets, and you can unwind in your private hot tub while enjoying the peaceful surroundings. The property also features a detached garage with ample workshop space, perfect for hobbyists or extra storage needs. Experience the perfect balance of nature and luxury in this one-of-a-kind home don't miss your chance to make it yours! **EXTRAS** 2 staircases, an entertaining room, currently set up as a bar with exposed beam ceiling, tile floor and walkout to deck. Wrap around porch (2024), Garage (2017), Roof (6-8 years ago). Parking for 10+ cars!
Estimate your monthly payments for this property
Estimated Payment
$5,967.08/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.
8 Scott Crescent, 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
Competitive Pricing
At $385/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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.
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 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.