5145 Fifth Line, Erin, ON

$675,000
MLS#:X12069508
0 beds
0 baths
< 700 sqft
Residential Freehold
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⚠️

Property no longer active

This property was sold on June 12, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Other vacant land located in the coveted neighborhood of Rural Erin. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $675,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Generous living space spanning < 700 sqft on a premium 255.9 x 341.21 ft lot
  • Notable attributes: None

Description

Are you wanting to build your dream home but just haven't found the perfect location? Once you see this peaceful 2-acre building lot located in the South end of Rural Erin your search may be over. The lot itself is just half a km north of the paved road, Wellington 50. The quite hamlet of Ballinafad is minutes away. The gravel entrance way for the lot has been installed. This is a dry lot surrounded by farm fields on all three sides and is well treed at the front offering a very private location for your dreams to begin. Across the road from the entrance is a forested area of conservation. Once you build your dream home you wont see another home from this location. It's really that private. The 2 acre severance application process has been completed and the lot is ready for a home. This vacant lot is situated on a gravel road just a short drive to paved roads that will take you anywhere. It is a 10 min drive to downtown Erin, Acton Rockwood and 20 minutes to Guelph University. Garbage/recycling/green bin pickup is at the road. This lot is on a school bus route providing your JK to grade 12 children pick up and drop off each day at the entrance make this a convenient spot. Hydro is available at the road. This lot will require a well and septic. Award winning horse farms, golf courses, great restaurants, snow trails and summer farmer markets make this a truly year-round recreational environment for family activities or private relaxation. 25 min to the 401. Occasionally you will hear & see a farm tractor, turkeys, deer, fox, bald eagles, ducks, geese and tundra swans. This is county at its finest. Property is staked and marked with orange ties and surrounded by corn fields. Please do not walk the lot without an appointment. **EXTRAS** So many amenities in the area. Hydro at the road. Property will require well and septic. Half load road restriction in March and April due to winter thaw of gravel road. Half a km of gravel road from paved road at Wellington 50

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Property Summary

This vacant land located at 5145 Fifth Line, Erin is currently for sale and has been available on SousaSells for 466 days. This property is listed at $675,000 with an estimated mortgage of $2,247* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 5145 Fifth Line, Erin is in the Rural Erin neighborhood.

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

Key Features

000
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 12, 2025
Sold price information is available to members only
Listed Date4/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Architectural StyleOther
ConstructionOther
Lot Size255.9 × 341.21 Feet
CountyWellington
Annual Tax$0
Legal DescriptionPT LT 7 CON 6 ERIN AS IN MS54628; ERIN

Parking & Garage

Parking Space20
Garage TypeNone

Heating & Cooling

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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5145 Fifth Line, 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 5145 Fifth Line, 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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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$202,500 (30.0%)
* Minimum Canadian down payment required for this price is $42,500.
Amortization Period30 Years
Estimated Monthly Payment$2,247Based on a loan of $472,500 over 30 years.
Purchase Price$675,000
Loan Amount$472,500
Provincial Land Transfer Tax:$9,975
Total Estimated Closing Taxes:$9,975

About Purchasing a Home in Erin, ON

For a property listed at $675,000 in Erin, the legal minimum down payment is $42,500 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 $9,975 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 $9,975.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,838,227

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

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

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.