$1,099,900 - 42 Ferguson Street, Erin
Detached for Sale in Erin
34 days on marketNeighbourhood: Erin
- MLS Number
- X13586468
- Property Type
- Detached
- Status
- active
- Days on Site
- 34
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Erin
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
Welcome to your next home, an exceptional brand-new build combining modern luxury with small-town charm in the heart of Erin. This stunning 4 bedroom, 4 bathroom home offers thoughtful design, premium finishes, and plenty of space for families of all sizes. Step inside to a bright, open-concept main floor featuring 9ft soaring ceilings, oversized windows, and high-quality porcelain tile and hardwood throughout the living area. Easy access through garage into mud room ensures the house stays clean. The gourmet kitchen is complete with oakcabinetry, quartz countertops, a large island, Inside, the kitchen is designed for both style and function, featuring a gas range perfect for home chefs, along with a stylish backsplash that extends behind the countertops and wraps around the kitchen island, creating a modern, designer inspired finish. The impressive double front doors are accented with an upgraded decorative glass insert, creating a welcoming first impression.Additional comfort and convenience come from a water softener system and central air conditioning, ensuring year round comfort.The basement includes upgraded oversized windows, allowing for abundant natural light and making the space feel bright and inviting. The lot configuration also offers the potential for a future basement walkout, providing exciting possibilities for additional living space, an inlaw suite, or increased property value. With its premium upgrades, exceptional curb appeal, and future potential, this home is a wonderful opportunity for buyers seeking comfort, quality, and long term value.
Estimate your monthly payments for this property
Estimated Payment
$4,865.23/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.
42 Ferguson Street, 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 $550/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 34 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.
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.