6039 Eighth Line, Erin, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Erin. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $3,199,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 1707.35 x 2273.4 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 20.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Charming mixed use 98 acre Equestrian farm in Erin!! Welcome to this stunning countryside retreat nestles in the heart of Erin- just a short drive to town amenities and an easy commute to the GTA. This beautifully updated stone farmhouse blends rustic charm with modern living, offering the perfect backdrop for your rural lifestyle. The property features a bank barn, 15 quality stalls, 4 fenced paddocks and a 60' x 120' indoor riding arena- ideal for horse enthusiasts. The productive farmland, 80 workable acres, is partially leased to a tenant farmer for cash crops, creating approximately $15,000 per year in income. Erin is know for its scenic rolling hills, vibrant equestrian community, and small-town charm. Whether your looking for a peaceful escape or a working farm with income potential, this property delivers it all. A rare opportunity in one of Ontario's most desirable rural communities! 10 KW Micro-fit Solar System provides additional passive income of $ 10-$12,000 per year. Fully transferable to new owner.
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Property Summary
This detached home located at 6039 Eighth Line, Erin is currently for sale and has been available on SousaSells for 406 days. This property is listed at $3,199,000 with an estimated mortgage of $10,648* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 6039 Eighth 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
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 6039 Eighth Line, Erin, ON N0B 1T0
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 $3,199,000 in Erin, the legal minimum down payment is $639,800 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 $66,450 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 $66,450.
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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.