$1,475,000 - 5836 Fifth Line, Erin
Detached for Sale in Erin
Neighbourhood: Rural Erin
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- MLS Number
- X13805654
- Property Type
- Detached
- Status
- active
- Days on Site
- 18
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Erin
- Taxes (2026)
- $5,531
- Listing Brokerage
- CENTURY 21 MILLENNIUM INC.
Every now and then, you can truly experience a home that transcends mere architecture, transforming it into a genuine work of art. Welcome to the masterpiece at 5836 Fifth Line, where the word 'custom' has reached a whole new level. Clean, crisp lines with a pallet of warm and elegant colours throughout this 5-level backsplit. Hand crafted doors and an abundance of built in's, offering the maximum amount of storage, while enhancing the beauty. Stunning attention to detail, from the baseboards to the exquisite mouldings, and everything in between. Two sleek soapstone woodstoves, and one propane fireplace continue the warmth. The kitchen may just be the star of the show, with custom cabinetry, a marvelous mahogany and ash centre island, yet mixed into all that beauty, is a design for people who love to cook. Set nicely back from the road, the curb appeal will make you proud to turn in your driveway. Summer dining on the deck with only the sounds of the birds as the evening sky will fill with stars. The versatility of the 30 X 64 foot shop is remarkable, with a poured concrete floor, it is insulated, heated, and has water plus it is loaded with all the power you will need. It also has soaring 14 foot ceilings, with an extra storage mezzanine. A separate 21 X 17 foot garden shed will store all the extra toys. Nestled on a paved road in the hamlet of Cedar Valley, where neighbors are caring, traffic is nonexistent and the Elora Cataract trail is just steps away. This peaceful spot is only a 35-minute commute to the GTA, or 15 minutes to the GO train, so it just might be time to add yourselves to this canvas.
Estimate your monthly payments for this property
Estimated Payment
$6,524.42/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.
5836 Fifth 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
Fair Market Value
At $983/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 18 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 $6,146 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.