173 Main Street, Erin, ON

$795,000
MLS#:X9048865
3 beds
2 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Erin. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $795,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 54.05 x 168.62 ft lot
  • Features a half, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with wall unit(s) central cooling and highly efficient radiant heating via other

Description

This Charming Century Home Has Been Completely Redone With Permits. It Does Not have a Heritage Designation Making Exterior Changes Easier. Just Move In. This is a large 2 Story home with 1,728 Square feet plus a small basement that houses the mechanical and has good storage space. The home features 3 good size bedrooms and a family bathroom on the second floor. The main floor features a renovated kitchen, tall ceilings with centre island & stainless-steel appliances plus a large double pantry for extra kitchen storage, perfect for a growing family. The large Laundry Room is on the main floor with access to the basement. This Laundry area has good storage, a large folding space and hanging rack for clean clothes. The open concept allows you to connect with family prepping meals in the kitchen and enjoy the view out the sliding doors to your private fully fenced yard. The second full washroom is on the main floor. Currently the Huge separate Dining room is located at the front of the home but this space could be used as a family room or changed into two extra bedrooms. There is Parking for 6 cars on the paved driveway . A covered front porch is fantastic for so many reasons. There is a storage shed in back for the garden/snow tools. Here are a few of the completed renovations. Kitchen, Bathrooms, Shingles and blown in attic insulation 2020. Hydronic Baseboard Boiler 2015. Heat Pump on main floor/heat & air 2021. Septic is located in the back yard. EXTRAS 200 AMP electrical panel 2015. Windows and Doors replaced over the past 10 years. Water Heater is Gas-Rented. Lot is an L shape 54 ft wide by 168 ft deep with mature trees and has a great location to perhaps add a garage.

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Property Summary

This detached home located at 173 Main Street, Erin is currently for sale and has been available on SousaSells for 724 days. This property is listed at $795,000 with an estimated mortgage of $2,646* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 173 Main Street, Erin is in the Erin neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 28, 2024
Sold price information is available to members only
Listed Date7/22/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementHalf, Unfinished
Lot Size54.05 × 168.62 Feet
CountyWellington
Annual Tax$3,710.19
Legal DescriptionPT LT 14 PL 102 ERIN R05278138;TOWN OF ERIN

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeRadiant
CoolingWall Unit(s)

Features

Property Features

Fenced Yard, Greenbelt/Conservation, Rec./Commun.Centre

Interior Features

Carpet Free

Security Features

Community Features

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Location

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173 Main Street, 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 173 Main Street, Erin, ON N0B 1T0

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.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Erin.

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Interest Rate4.00%
Down Payment$238,500 (30.0%)
* Minimum Canadian down payment required for this price is $54,500.
Amortization Period30 Years
Estimated Monthly Payment$2,646Based on a loan of $556,500 over 30 years.
Purchase Price$795,000
Loan Amount$556,500
Provincial Land Transfer Tax:$12,375
Total Estimated Closing Taxes:$12,375

About Purchasing a Home in Erin, ON

For a property listed at $795,000 in Erin, the legal minimum down payment is $54,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,375 for this transaction. As this listing is in Erin (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,375.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,180,737

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

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

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.