5056 1ST Line, Erin, ON

$1,499,000
MLS#:X10444855
4 beds
2 baths
1500-2000 sqft
8.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Rural Erin. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a spacious lot (Acres)
  • Features a ["finished", "full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Sewage Pump, Water Heater Owned, Sump Pump
  • equipped with ["central air"] central cooling and highly efficient forced air heating via propane

Welcome to country living in Rural Erin! Inviting raised bungalow situated on a partly cleared 10-acre lot, offers plenty of open space for work, play, and relaxation. Step inside the front entry with an airy vaulted ceiling. Freshly painted, and updated light fixtures throughout create a bright and modern atmosphere. The cozy living room is warmed by a wood insert fireplace (as-is), perfect for chilly evenings. The kitchen offers plenty of cupboard and counter space, and the dining area walks out to a concrete patio with propane hook-up for BBQ - ideal for outdoor gatherings! 3 spacious bedrooms complete the main level. The fully finished basement adds significant living space, with great potential for an in-law or guest suite, including a rec room, 4-piece bath, additional bedroom, and media/entertainment room with no windows, perfect for achieving that dark cinematic experience! Convenient double car garage offers an additional electrical panel, propane hookup, and direct access to the yard. Expansive backyard provides tons of open space for the kids or pets to roam, plus a barn ready to be enjoyed; this 10 acre property is a blank canvas waiting to be painted! This home provides a perfect balance of comfortable living and ample outdoor space, offering a peaceful lifestyle while being close to all amenities - just 7 minutes to Acton, 9 minutes to Rockwood, and 22 minutes to the 401.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
CountyWellington
Annual Tax$5,543.75
Legal DescriptionPT LT 4 CON 1 ERIN AS IN RO715600; ERIN

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Golf

Community Features

Location

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5056 1ST Line, Erin, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5056 1ST Line, Erin, ON L7J 2L9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,199,200
Monthly Mortgage$6,968
Property Tax (Est.)$462
Utilities & Maint.$350
Total Monthly Cost$7,780

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Erin.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Erin, Erin.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,749,839

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Brisbane
Public9426 Wellington Road 124, Erin, Ontario, N0B 1T0
7.9
St John Brebeuf
Public30 Millwood Road, Erin, Ontario, N0B 1T0
5.5
Erin
Public14 Boland Drive, Erin, Ontario, N0B 1T0
4.3

Secondary Schools

Erin
Public14 Boland Drive, Erin, Ontario, N0B 1T0
8.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.