5647 First Line, Erin

Price: $1,799,999

7 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13505160

Nestled on a peaceful 10.16-acre property in Erin, this spacious bungalow offers the perfect blend of privacy, nature, and country living. Surrounded by mature trees, the property provides a tranquil retreat while still being conveniently located. The home features 4 generously sized bedrooms on the main level and 3 additional rooms in the basement, making it ideal for large or multi-generational families. Large windows throughout fill the home with an abundance of natural light, creating a bright and welcoming atmosphere. Whether you're looking for space to grow, enjoy the outdoors, or simply escape the city, this exceptional property offers endless possibilities on over 10 acres of beautiful land.

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New Listing
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$1,799,999 - 5647 First Line, Erin

Detached for Sale in Erin

New — Listed 7 days ago

Neighbourhood: Rural Erin

7Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13505160
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
7
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Erin
Listing Brokerage
HOUSESIGMA INC.
Description

Nestled on a peaceful 10.16-acre property in Erin, this spacious bungalow offers the perfect blend of privacy, nature, and country living. Surrounded by mature trees, the property provides a tranquil retreat while still being conveniently located. The home features 4 generously sized bedrooms on the main level and 3 additional rooms in the basement, making it ideal for large or multi-generational families. Large windows throughout fill the home with an abundance of natural light, creating a bright and welcoming atmosphere. Whether you're looking for space to grow, enjoy the outdoors, or simply escape the city, this exceptional property offers endless possibilities on over 10 acres of beautiful land.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,962.00/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,439,999Interest: $948,601
Mortgage Amount$1,439,999
Total Interest$948,601
Est. Property Tax$1,275/mo
Total Cost$2,388,600

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.

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Neighbourhood Guide: Rural Erin

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

5647 First Line, Erin

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,500/mo
Range: $3,825 - $5,175
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,500
Maintenance Fees-$0
Property Tax (est.)-$1,275
Insurance (est.)-$375
Net Cash Flow+$2,850

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $900/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Erin's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 7 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 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.

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    5647 First Line, Erin | $1,799,999 | Battaglia Team