Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Erin. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,000 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.
Situated on one of the most sought-after streets in the Village of Erin is 38 Erinlea Crescent. This lovely raised bungalow has so much space with a combination living/dining room, spacious bedrooms and a two-level deck that still leaves room for the trampoline and fire pit. The lower level has its own in-law wing! A wonderful living space, with roughed-in wet bar and gas fireplace, plus a huge bedroom and gorgeous 4-piece bathroom. Very private front porch and 2 car garage. The location is on point with easy walkability to elementary and high school, plus tennis, library and the kids can drag their bag to early morning hockey practice at the arena. The Elora Cataract Trail is right there for cycling, running or just keeping in touch with nature. The fully fenced yard will keep the kids and pets all safe. An easy 35-minute commute to the GTA or 20-minute drive to the GO train to take you right into the city. What are you waiting for? **EXTRAS** Roof (2023), Deck Restained (2024), Freshly Painted (2024), Reglazed Bathtubs and Tiles (2024), Broadloom (2024), Laminate Flooring in Primary Bedroom (2024), Lighting - Outside, Kitchen, Bedrooms (2024), Granite Countertops in Kitchen
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This detached home located at 38 Erinlea Crescent, Erin is currently for sale and has been available on SousaSells for 337 days. This property is listed at $999,000 with an estimated mortgage of $3,325* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 38 Erinlea Crescent, Erin is in the Erin neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Fenced Yard, Level, Rec./Commun.Centre, School, Library
Central Vacuum, Primary Bedroom - Main Floor, Water Softener, Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 38 Erinlea Crescent, Erin, ON N0B 1T0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Erin.
About Purchasing a Home in Erin, ON
For a property listed at $999,000 in Erin, the legal minimum down payment is $74,900 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 $16,455 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 $16,455.
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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.