226 Daniel Street, Erin, ON

$799,000
MLS#:X10407720
3 beds
2 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Erin. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $799,000 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 with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 55 x 137 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, In-Law Suite, Primary Bedroom - Main Floor
  • Efficient forced air heating via gas

Description

Oh, what a rare find in the Village of Erin! This completely affordable bungalow has a huge fenced lot, has been renovated, has a complete basement in-law suite and a garage! Not sure I need to write any more, but you know I will! Open the front door to the open concept and super bright main floor of this bungalow. Two beds and a lovely bathroom on the main floor, then meander down to the incredible suite in the basement. It is so bright, it's hard to believe it's a basement. The lovely kitchen opens to a warm living room, huge bathroom, and incredibly bright bedroom. The package completes with the lovely private backyard that is fully fenced with a shed and 1 car garage. A 4-minute walk to the public elementary school, 7-minute walk to the high school. Quick bus trips to both Catholic schools. And for you? 40 mins to the GTA lickety split or 20 mins to the GO station to get you right downtown TO. Do not wait folks!

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Property Summary

This detached home located at 226 Daniel Street, Erin is currently for sale and has been available on SousaSells for 618 days. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 226 Daniel 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
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 6, 2024
Sold price information is available to members only
Listed Date11/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBoard & Batten
BasementFinished, Full
Lot Size55 × 137 Feet
CountyWellington
Annual Tax$4,057.63
Legal DescriptionPT LT 10 PL 278 ERIN; PT LT 12 PL 278 ERIN; PT LT 14 PL 278 ERIN AS IN RO658197; ERIN

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Library, Park, Place Of Worship, Rec./Commun.Centre, Fenced Yard

Interior Features

Carpet Free, In-Law Suite, Primary Bedroom - Main Floor, Sump Pump, Water Heater Owned

Security Features

Community Features

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Location

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226 Daniel 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 226 Daniel 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$239,700 (30.0%)
* Minimum Canadian down payment required for this price is $54,900.
Amortization Period30 Years
Estimated Monthly Payment$2,660Based on a loan of $559,300 over 30 years.
Purchase Price$799,000
Loan Amount$559,300
Provincial Land Transfer Tax:$12,455
Total Estimated Closing Taxes:$12,455

About Purchasing a Home in Erin, ON

For a property listed at $799,000 in Erin, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.

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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.