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 $527,000 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.
Set amidst the idyllic rural landscape of the Town of Erin, this extraordinary 4.10 acre property offers a unique opportunity to craft your dream home in a setting defined by natural beauty and tranquility. Surrounded by rolling farmland and a select number of custom-built residences, the property's dual zoning enhances its appeal. The front portion, designated A - Agricultural, allows for the construction of a single-family home, while the rear EP2 - Environmental Conservation zoning ensures enduring privacy and a connection to nature. Located just minutes from town, this serene retreat provides the perfect blend of country living and modern convenience. You'll enjoy easy access to schools, grocery stores, and the GO Train for hassle-free commuting. The property features hydro service, a well (which may require remedy), and no septic system. A small cabin and trailer is present on the site, though access is unavailable, as this property is being sold "as is", land value only. Don't miss this rare opportunity to create a one-of-a-kind home and lifestyle in a picturesque country setting.
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This vacant land located at 5454 Third Line, Erin is currently for sale and has been available on SousaSells for 594 days. This property is listed at $527,000 with an estimated mortgage of $1,754* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 5454 Third Line, Erin is in the Rural Erin neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5454 Third Line E, Erin, ON N0B 1Z0
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 $527,000 in Erin, the legal minimum down payment is $27,700 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 $7,015 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 $7,015.
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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.