$3,800,000 - 5020 First Line, Erin
Detached for Sale in Erin
Popular ListingNeighbourhood: Rural Erin
- MLS Number
- X13484642
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 4
- Bathrooms
- 6
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Erin
- Lot Size
- 2 sqft
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Set on 2.4 private acres w/ sweeping escarpment views, this exceptional custom-built bungalow offers a rare blend of luxury, privacy & modern estate living. Completed in 2023 & with an impressive setback, the property delivers over 6,400 SF of thoughtfully designed living space. Inside, soaring ceilings, expansive windows & oversized sliding doors fill the home w/ natural light while framing uninterrupted views of the surrounding landscape. Designed for both refined entertaining & comfortable everyday living, the open-concept layout seamlessly connects the principal living spaces to a covered outdoor retreat featuring a double-sided fireplace, Sundance spa & multiple areas for hosting & relaxation.The designer kitchen is both functional & elegant, appointed w/ Wolf & Sub-Zero appliances, quartz surfaces, custom cabinetry & a well-appointed servery. The primary suite serves as a private retreat, featuring vaulted ceilings, a spa-inspired ensuite w/ heated floors, freestanding soaker tub, oversized glass shower & generous walk-in closet. Each additional main-floor bedroom has its own private ensuite. The lower level extends the home's lifestyle appeal, offering over 9-ft ceilings, large windows, a dedicated gym, sauna & a self-contained living area ideal for extended family or guests. Complete w/ private garage access, a bedroom, full bath & kitchenette, the space offers exceptional flexibility. Combining premium craftsmanship, sophisticated finishes & a breathtaking natural setting, this is a rare opportunity to experience elevated estate living w/ privacy & convenience in equal measure. Ideally located just minutes to Erin Village for local dining, cafes & everyday essentials, w/ quick access to Caledon, Orangeville, Georgetown & 15 mins to Guelph for expanded shopping & restaurants. Nearby conservation areas, hiking trails, golf clubs & scenic parklands further enhance the lifestyle appeal, all within a short drive.
Estimate your monthly payments for this property
Estimated Payment
$16,808.68/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 Rural Erin
Rural 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 Rural 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
Rural 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.
5020 First Line, 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
Premium Pricing
At $1267/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.
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 3,000 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.
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 6 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 Rural Erin
I know Rural 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.