$3,239,000 - 5354 Fifth Line, Erin
Detached for Sale in Erin
37 days on marketNeighbourhood: Rural Erin
- MLS Number
- X13576820
- Property Type
- Detached
- Status
- active
- Days on Site
- 37
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Erin
- Listing Brokerage
- SUTTON GROUP QUANTUM REALTY INC.
Stunning stone farmhouse on 91 serene acres just outside Erin-an exceptional blend of privacy, character and practical country living. Set well back from the road, this solid four-bedroom home offers timeless charm with thoughtful updates. The bright white kitchen was renovated in 2023 and features a stone-topped island, while the main floor also offers a formal dining room, generous living spaces and beautiful hardwood flooring. Upstairs are four comfortable bedrooms, a full bathroom and engineered flooring. The home was freshly painted in 2023, while the basement provides practical laundry, storage and utility space. The impressive 91-acre property includes fertile fields currently leased to a local farmer, with the income helping cover the property taxes, together with wooded areas, gardens and a natural spring-fed pond. Modern improvements include geothermal heating and cooling installed in 2015, an updated electrical panel, and a new well water line with pressure pump installed in 2016.A major highlight is the newer, fully insulated 40' x 30' heated workshop/garage with two oversized doors, hydro and its own dedicated electrical panel-ideal for a contractor, collector, hobbyist or home-based business, subject to applicable zoning. Additional features include ample parking, an older barn and chicken coop. Conveniently located approximately one minute from paved Highway 124, with Guelph and Orangeville about 25 minutes away and Brampton approximately 35 minutes away. Enjoy peaceful country living while remaining within easy reach of major centres. VTB financing of up to $1,000,000 may be available to a qualified buyer, subject to mutually acceptable terms. A distinctive rural property offering exceptional privacy, useful outbuildings, income-producing farmland and long-term flexibility.
Estimate your monthly payments for this property
Estimated Payment
$14,327.19/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.
5354 Fifth Line, 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
Premium Pricing
At $2159/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.
Market Position
At 37 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.
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 $13,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.