This property was sold on August 6, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Erin. Expertly crafted featuring premium wood and other construction, this residence presents an exceptional opportunity offered at $1,140,000 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.
Let nature just steal your heart, right in the Village of Erin. Open the gates to your own private oasis. Never before have I experienced this. Layers and levels of stunning gardens, with places of solitude and meditation throughout. But if entertaining is your game, get ready to amaze the guests. Overlooking the West Credit River is this jaw dropping 0.43-acre property. So many outdoor entertaining areas, then, WOW, get ready to go inside! The stunning main house has sunlight pouring in every window of this 3-bedroom 2-bathroom main level home, with a lower level 2-bedroom apartment that is gorgeous! Wander out to the 216 sq ft studio with heat and hydro and then the incredible 471 sq ft man/woman cave ready for all your fun or rent it out. This is a property with so many opportunities and it must be seen to truly appreciate.
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This detached home located at 5 Millwood Road, Erin is currently for sale and has been available on SousaSells for 777 days. This property is listed at $1,140,000 with an estimated mortgage of $3,795* per month. It has 5 beds, 3 bathrooms, and is 1100-1500 square feet. 5 Millwood Road, Erin is in the Erin neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Fenced Yard, Park, Place Of Worship, School, River/Stream
In-Law Suite, Water Heater Owned, Water Softener
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5 Millwood Road, 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 $1,140,000 in Erin, the legal minimum down payment is $228,000 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 $19,275 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 $19,275.
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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.