5822 2nd Line, Erin

Price: $2,250,000

4 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: X13513830

Exceptional 73-acre horse farm just minutes from the quaint village of Erin on a quiet paved road. Approximately 20 acres currently workable and planted in hay, plus outbuildings for added hay storage. Equine-ready with a 7-stall barn, all-new paddock fencing and solar-lit post lighting. Over 3,000 sq ft of living space including a (built in 2010) accessible addition featuring an exterior lift, ceiling lift, fully accessible bathroom and elevator shaft. This property could be ideal for multi-generational living. Two 2-car garages for added parking and storage, two furnaces, two wood-burning fireplaces, and a finished basement with a large rec room and tons of storage! Recent updates include new upstairs carpet and new kitchen/living room flooring on the main level. A rustic cabin at the rear of the barn could serve as a bunkie or playhouse, plus a fire pit and beautifully private outdoor spaces bordering mature forest. Close to the Elora-Cataract Trail for riding and recreation. A rare blend of turnkey equestrian facilities and accessible, comfortable family living.

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New Listing
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$2,250,000 - 5822 2nd Line, Erin

Detached for Sale in Erin

New — Listed 5 days ago

Neighbourhood: Rural Erin

4Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
X13513830
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
4
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Erin
Listing Brokerage
Century 21 Heritage House Ltd
Description

Exceptional 73-acre horse farm just minutes from the quaint village of Erin on a quiet paved road. Approximately 20 acres currently workable and planted in hay, plus outbuildings for added hay storage. Equine-ready with a 7-stall barn, all-new paddock fencing and solar-lit post lighting. Over 3,000 sq ft of living space including a (built in 2010) accessible addition featuring an exterior lift, ceiling lift, fully accessible bathroom and elevator shaft. This property could be ideal for multi-generational living. Two 2-car garages for added parking and storage, two furnaces, two wood-burning fireplaces, and a finished basement with a large rec room and tons of storage! Recent updates include new upstairs carpet and new kitchen/living room flooring on the main level. A rustic cabin at the rear of the barn could serve as a bunkie or playhouse, plus a fire pit and beautifully private outdoor spaces bordering mature forest. Close to the Elora-Cataract Trail for riding and recreation. A rare blend of turnkey equestrian facilities and accessible, comfortable family living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,952.51/mo

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5-yr fixed avg.

Principal: $1,800,000Interest: $1,185,753
Mortgage Amount$1,800,000
Total Interest$1,185,753
Est. Property Tax$1,594/mo
Total Cost$2,985,753

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

5822 2nd Line, Erin

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$1,594
Insurance (est.)-$469
Net Cash Flow+$1,737

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

Competitive Pricing

At $750/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.

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.

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 4 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.

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    5822 2nd Line, Erin | $2,250,000 | Battaglia Team