$924,111 - 45 Wellington Road 124 N/A, Erin
Detached for Sale in Erin
Neighbourhood: Erin
- MLS Number
- X13615714
- Property Type
- Detached
- Status
- active
- Days on Site
- 26
- Bedrooms
- 6
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Erin
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Invest in your future in the charming & growing community of Erin! Versatile income-generating property features 2 detached houses for a total of 3 separate above-grade apartments! Perfect for a multi-generational family, or opportunity to supplement your mortgage by living in one unit & earning rental income from the others or/ just cash flow from a fully tenanted investment or/ make plans to redevelop later -- lots of possibilities with a water main connection now at the roadside. This property offers excellent future potential as the area expands with it's surrounding prestigious estate properties. Enjoy the countryside feel while still being able to walk to shops & nearby trails. A rare opportunity to add a flexible, cash-flowing asset to your portfolio within an hour to GTA! You'll appreciate the central location & long-term value the area provides. Major Value Is Location + Current Set Up: 2 detached houses, 2 natural gas furnaces, 2 separate electrical panels, 2 hydro meters, 2 septic systems, 2 hot water tanks (1 owned, 1 rented), well, UV system, heat pump, parking for 8+ cars on paved driveway. Each apartment has it's own entrance, 2 bedrooms and 1 bathroom, kitchen, bright living room, outdoor patio area & 2 car parking for each. Bonus: Detached bungalow has it's own separate hydro meter, electrical panel, natural gas furnace, hot water tank, & laundry. Granite countertops & large breakfast bar complimented w/ barn board in the kitchen w/ S/steel stove 2024, fridge & microrange'18. Plus, huge unfinished basement too! Bungalow Roof + Gas BBQ line'17. UV system'18. Carpet free Bungalow - Bedrm 2 Flooring'18. There's more... Separate Detached 2 storey Duplex w/ 2 separate apartments. Heat pump 2024. Luxury Vinyl flooring upper bedrooms'25. Flooring in main floor living & bedrms'21, Laundry Rm Exterior Door & flooring'20. Chimney swept'25. Zoning R1-105 "Existing Single Detached Dwelling And A Duplex Dwelling On One Lot. 48 hrs needed for showings pls.
Estimate your monthly payments for this property
Estimated Payment
$4,782.56/mo
Includes CMHC insurance ($33,268)
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.
45 Wellington Road 124 N/A, Erin
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Competitive Pricing
At $370/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 26 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.
Excellent Flexibility
With 6 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 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.