218 Main Street, Erin, ON

$819,000
MLS#:X11905184
2 beds
2 baths
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 17, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Erin. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $819,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Premium 100 x 103 ft lot size
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Built-In Oven, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this beautiful bungalow in the Village of Erin which has been extensively renovated & updated top to bottom and ready to move in! Featuring a gorgeous new custom chef kitchen w/quartz counters, wall-to-wall pantry, pot drawers, under cabinet lighting, built-in appliances including a wall oven, wall microwave, counter cooktop & wine fridge. Bright & spacious living/dining area with a built-in buffet/hutch. Oversized Master Bdrm & updated main bathroom with a glass walk-in shower & heated Italian porcelain tiles. The finished lower level offers additional living space with a bedroom, large family room, sitting area/office, cozy gas stove, new 4pc bath with heated flooring plus the convenience of a separate side entrance which is perfect for an in-law potential. Custom cabinetry, trim, crown moulding, pot lighting, light fixtures & new flooring thru-out the home. Fully fenced private yard with professional landscaping, stone patio, walkway, deck & gas BBQ line. Detached single garage. Desirable location within walking distance to downtown shops, restaurants & amenities. Perfect for downsizing, a retiree or just starting out.

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Property Summary

This detached home located at 218 Main Street, Erin is currently for sale and has been available on SousaSells for 561 days. This property is listed at $819,000 with an estimated mortgage of $2,726* per month. It has 2 beds, 2 bathrooms, and is unknown square feet. 218 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
2
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 17, 2025
Sold price information is available to members only
Listed Date1/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementSeparate Entrance, Finished
Lot Size100 × 103 Feet
CountyWellington
Annual Tax$4,017
Legal DescriptionPT PKLT 5 PL 167 ERIN VILLAGE AS IN MS48237

Parking & Garage

Parking Total4.0
Parking Space3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Rec./Commun.Centre, Fenced Yard, Library

Interior Features

Auto Garage Door Remote, Built-In Oven, Central Vacuum, Countertop Range, In-Law Capability, Primary Bedroom - Main Floor

Security Features

Community Features

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Location

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218 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 218 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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$245,700 (30.0%)
* Minimum Canadian down payment required for this price is $56,900.
Amortization Period30 Years
Estimated Monthly Payment$2,726Based on a loan of $573,300 over 30 years.
Purchase Price$819,000
Loan Amount$573,300
Provincial Land Transfer Tax:$12,855
Total Estimated Closing Taxes:$12,855

About Purchasing a Home in Erin, ON

For a property listed at $819,000 in Erin, the legal minimum down payment is $56,900 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 $12,855 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 $12,855.

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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.