$3,750,000 - 6122 Ninth Line, Erin
Commercial for Sale in Erin
156 days on marketNeighbourhood: Rural Erin
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- MLS Number
- X13077638
- Property Type
- Commercial
- Status
- active
- Days on Site
- 156
- Bedrooms
- 0
- Bathrooms
- 3
- Square Feet
- 96 sqft
- Neighbourhood
- Erin
- Taxes (2026)
- $8,444
- Listing Brokerage
- ROYAL LEPAGE RCR REALTY
Invest in a highly versatile 96-acre farm in Erin offering strong income potential and long-term value through a rare combination of productive land, well-maintained infrastructure, and a character-filled residence. The charming stone farmhouse is privately set well back from the road, blending timeless appeal with practical updates. High ceilings, original interior doors, deep windowsills, and large updated windows fill the home with natural light, while pine plank flooring on the second level adds warmth and authenticity. Additional features include a WETT-certified pellet stove to supplement propane heating, a hardwired generator for peace of mind, newer shingles (2019), and a 1,000-gallon septic system. Outdoor lifestyle amenities such as a hot tub and above-ground pool further enhance the property's appeal for both owners and potential tenants, contributing to estimated residential and outbuilding income of approximately $60,000 annually. The land and outbuildings are equally impressive and well-suited for agricultural or equestrian use. Approximately 60 acres are in crop production, complemented by 16 acres of productive hay fields generating an estimated $20,000-$25,000 annually, with additional land income potential of ~$9,000 per year. The property includes 6 fenced acres ideal for horses or livestock, a wide driveway designed to accommodate trailers and heavy equipment, and an extensive set of functional outbuildings. These include a bank barn in excellent condition with 8 stalls, tack & feed room, hot water & hay storage, a 1.5 car garage/workshop, a 70' x 128' indoor riding arena, an outdoor sand ring, and a former airplane hangar thoughtfully repurposed as a spacious driveshed .Ideally located within close proximity to premier equestrian facilities, and on a road with several pristine equestrian farms, this exceptional property offers a compelling blend of multiple income streams, usable acreage, and refined rural living.
Estimate your monthly payments for this property
Estimated Payment
$16,587.51/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.
6122 Ninth Line, Erin
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $39,063/sqft, this is priced in the upper range for GTA commercial — typical for prime locations or newer buildings. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Extended Exposure — Negotiating Room
At 156 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Erin transactions.