$1,750,000 - 5049 Third Line, Erin
Detached for Sale in Erin
Neighbourhood: Rural Erin
- MLS Number
- X13623304
- Property Type
- Detached
- Status
- active
- Days on Site
- 24
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Erin
- Lot Size
- 88 sqft
- Listing Brokerage
- Bosley Real Estate Ltd.
Welcome to an extraordinary 88-acre country estate offering the perfect blend of rural charm, recreation, and functionality. Just mins to Halton Hills, Rockwood, and Erin. Whether you're dreaming of a hobby farm, or a private country retreat, this exceptional property delivers. The charming century home offers 3 spacious bedrooms, a dedicated office that could serve as a guest room, 1.5 bathrooms, a large mudroom, and an incredible three-season sunroom where you can relax and take in the beauty of the surrounding landscape. Step outside to your own private backyard oasis featuring a large on-ground pool complete with a waterslide, along with a separate hot tub. Designed for those who need space to work, play, and store equipment, the property also features a large workshop, a spacious two-car detached garage, and an impressive three-level bank barn. The barn includes three stalls with additional space for chickens, goats, and other livestock, its own well and electricity, and room for hay and equipment. The surrounding paddocks have previously been used for horses. Three stunning spring-fed ponds add to the property's natural beauty, creating a peaceful setting that attracts wildlife and provides breathtaking views throughout every season. With 88 acres to explore, there is endless potential for trails, pasture, gardening, recreation, or simply enjoying the privacy that only a property of this size can offer. The owners also participate in the Managed Forest Tax Incentive Program (MFTIP), providing potential property tax savings while supporting responsible stewardship of the forested portions of the land.Properties like this are incredibly rare. Offering a charming home, outstanding outbuildings, exceptional recreational amenities, acres of picturesque countryside, and the added benefit of the Managed Forest Tax Incentive Program, this is more than a home-it's a lifestyle and a legacy property waiting for its next chapter
Estimate your monthly payments for this property
Estimated Payment
$7,740.84/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.
5049 Third Line, Erin
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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
Fair Market Value
At $875/sqft, this property is priced in line with current Erin market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 24 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.
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.
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.
Investment Perspective
Looking at this as an investment: Erin properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,292 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.