9098 Sideroad 27 Road, Erin

Price: $1,175,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13521724

Nestled on a picturesque 2.23-acre country property, this well-maintained raised bungalow with attached double-car garage offers space, privacy and exciting possibilities. Featuring 3 bedrooms and 2 bathrooms, the home welcomes you with an updated kitchen featuring cherry wood cabinetry and granite countertops, flowing into the open-concept dining and living area with fireplace. The finished lower level offers excellent flexibility and a floor plan that could lend itself to a future two-bedroom apartment. Two separate entrances provide access to the lower level and laundry area, along with a spacious recreation room featuring a gas stove and built-in bar, two additional rooms and a bathroom. With the addition of a kitchen, appropriate egress windows and required approvals, buyers can explore the potential for an income-generating suite to help offset home ownership costs. Investors may also want to explore the property's unique lot configuration. The Seller purchased the adjoining second lot, creating additional possibilities for buyers to investigate through their own due diligence regarding zoning, permitted uses and future development potential. Outside, enjoy an expansive deck overlooking the countryside, a 19' x 24' barn ideal for 4-H or hobby-farm pursuits, and an impressive 24' x 43' workshop offering abundant space for hobbies, storage or equipment. Just minutes from Downtown Hillsburgh and approximately 20 minutes to Orangeville, this property combines peaceful country living with convenient access to amenities, parks and the Elora-Cataract Trailway. Space. Privacy. Possibility. Come see what you could make of it.

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active
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$1,175,000 - 9098 Sideroad 27 Road, Erin

Detached for Sale in Erin

51 days on market

Neighbourhood: Rural Erin

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13521724
Property Type
Detached
Status
active
Days on Site
51
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Erin
Listing Brokerage
RE/MAX Real Estate Centre Inc
Description

Nestled on a picturesque 2.23-acre country property, this well-maintained raised bungalow with attached double-car garage offers space, privacy and exciting possibilities. Featuring 3 bedrooms and 2 bathrooms, the home welcomes you with an updated kitchen featuring cherry wood cabinetry and granite countertops, flowing into the open-concept dining and living area with fireplace. The finished lower level offers excellent flexibility and a floor plan that could lend itself to a future two-bedroom apartment. Two separate entrances provide access to the lower level and laundry area, along with a spacious recreation room featuring a gas stove and built-in bar, two additional rooms and a bathroom. With the addition of a kitchen, appropriate egress windows and required approvals, buyers can explore the potential for an income-generating suite to help offset home ownership costs. Investors may also want to explore the property's unique lot configuration. The Seller purchased the adjoining second lot, creating additional possibilities for buyers to investigate through their own due diligence regarding zoning, permitted uses and future development potential. Outside, enjoy an expansive deck overlooking the countryside, a 19' x 24' barn ideal for 4-H or hobby-farm pursuits, and an impressive 24' x 43' workshop offering abundant space for hobbies, storage or equipment. Just minutes from Downtown Hillsburgh and approximately 20 minutes to Orangeville, this property combines peaceful country living with convenient access to amenities, parks and the Elora-Cataract Trailway. Space. Privacy. Possibility. Come see what you could make of it.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,197.42/mo

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5-yr fixed avg.

Principal: $940,000Interest: $619,226
Mortgage Amount$940,000
Total Interest$619,226
Est. Property Tax$832/mo
Total Cost$1,559,226

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

9098 Sideroad 27 Road, Erin

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$832
Insurance (est.)-$245
Net Cash Flow+$1,723

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 $1068/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.

Negotiation Opportunity

At 51 days on site, this property has exceeded the typical selling timeline for Erin. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $4,896 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    9098 Sideroad 27 Road, Erin | $1,175,000 | Battaglia Team