5224 Third Line, Erin, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Rural Erin. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $499,000 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
- Premium 164.99 x 275 ft lot size
Description
Have you been searching for the perfect ranch bungalow, modern, or contemporary home but cannot find one that meets your needs or expectations? Why not build exactly what you want on this exceptional 1.03-acre residential lot in the Town of Erin. Cleared and ready to build, this beautiful property offers a gentle natural slope that is ideal for a walk-out basement, providing abundant natural light and excellent potential for an in-law or secondary suite plus there is room to build a detached shop or three car garage. The topography also lends itself to seamless indoor-outdoor living with patios, decks, and large windows overlooking the surrounding farmland and forests. Wake up to peaceful country views, enjoy spectacular sunsets, and experience star-filled skies from your own backyard. Conservation Authority clearance confirms there are no conservation restrictions affecting the building envelope, allowing you to begin the building permit process with the Town of Erin and Wellington County. OFA tax credits are currently in place, helping reduce property taxes until construction begins. Enjoy the privacy and tranquility of country living while remaining just minutes from shopping, schools, churches, restaurants, and everyday amenities. The Acton GO Station is less than 10 minutes away, with convenient access to major commuter routes connecting you to the GTA in minutes. Close to Rockwood, Guelph, Halton Hills and Brampton. Google Maps reference: 5224 Third Line, Acton. Although the property has an Acton mailing address, it is located in the Town of Erin. HST may be applicable.
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Property Summary
This vacant land located at 5224 Third Line, Erin is currently for sale and has been available on SousaSells for 5 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 5224 Third Line, Erin is in the Rural Erin neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Rural Erin, Erin.
- •Desirable Vacant Land architecture in Rural Erin, Erin
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Clear View
- Level
- Sloping
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 5224 Third Line, Erin, ON
Q.What is the asking price for 5224 Third Line, Erin, ON ?
The current listing price for 5224 Third Line, Erin, ON in Rural Erin, Erin is $499,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 5224 Third Line, Erin, ON ?
5224 Third Line, Erin, ON is a Vacant Land () featuring a basement.
Q.What key property features does 5224 Third Line, Erin, ON offer?
Key property features include: Clear View, Level, Sloping.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5224 Third Line, Erin, ON L7J 2L8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Erin, ON
For a property listed at $499,000 in Erin, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.
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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.