$719,999 - 165 Gear Avenue, Erin
Townhouse for Sale in Erin
53 days on marketNeighbourhood: Erin
- MLS Number
- X13137374
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 53
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Erin
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
This nearly new two-storey townhome, complete with a walk-out basement entrance and built by the builder, is ready for immediate possession in the Township of Erin. The upper level offers three bedrooms and two washrooms, while the kitchen features brand new stainless steel appliances, a breakfast bar, quartz countertops, and extended upper cabinets for optimal storage. The open-concept Great Room, accented with textured hardwood flooring and bright, newly installed pot lights, provides a versatile space for living or dining. A powder room and a mirrored front closet are conveniently located near the entrance. Upstairs, carpeting extends throughout except for the washrooms and laundry room, which are finished with ceramic tiles and quartz countertops. The laundry room is situated next to the primary bedroom for easy access. The main floor showcases a modern layout with 9-foot ceilings and an upgraded kitchen. Parking for three vehicles, including a built-in garage, adds further convenience. Located in a quiet, family-friendly neighborhood close to top-rated schools, parks, shopping, and local amenities, this home is only steps from Erin's vibrant downtown. The tranquil setting near the headwaters of the Credit and Grand Rivers blends natural beauty with small-town charm. Future connectivity will be enhanced by the proposed Highway 413, and local favorites such as Tin Roof Cafe, Deborah's Chocolates, Tim Hortons, and the Busholme patio are all within easy reach. This ready-to-move-in home offers a unique opportunity to enjoy both lifestyle and location.
Estimate your monthly payments for this property
Estimated Payment
$3,693.97/mo
Includes CMHC insurance ($20,088)
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.
165 Gear Avenue, 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 $480/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.
Negotiation Opportunity
At 53 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Erin have shown strong appreciation as families seek more space.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 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.
About Erin
I know Erin well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.