8 English Street, Erin, ON

$789,000
MLS#:X10411755
4 beds
2 baths
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 23, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Erin. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $789,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Premium 50 x 132 ft lot size
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This charming 4-bedroom bungalow in the heart of Erin, Ontario, is a perfect choice for a young family or first-time homebuyer. Offering over 1,800 square feet of finished living space, this home combines a solid, well-built structure with practical and comfortable living areas.The main floor features two bright bedrooms and a 3-piece bathroom, while the open-concept living and dining areas are filled with natural light, creating a warm and welcoming atmosphere. The kitchen is a standout feature, equipped with sleek stainless steel appliances, granite countertops, and a patio door that leads out to the front deck ideal for enjoying outdoor meals and gatherings.The finished basement offers two additional bedrooms and a 4-piece bathroom, providing extra space for family or guests. This versatile space can be used as a family room, play area, or home office, catering to a variety of needs. Located on a quiet, low-traffic street, the home is adjacent to Erin Public School, making it a fantastic option for families with young children. The peaceful village of Erin offers a small-town feel, with local shops, parks, and amenities just a short walk away.With its prime location, proximity to the school, and family-friendly setting, this bungalow is a wonderful opportunity for those looking to settle into a welcoming community and enjoy a cozy, comfortable home.

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Property Summary

This detached home located at 8 English Street, Erin is currently for sale and has been available on SousaSells for 616 days. This property is listed at $789,000 with an estimated mortgage of $2,626* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 8 English Street, Erin is in the Erin neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 23, 2024
Sold price information is available to members only
Listed Date11/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull
Lot Size50 × 132 Feet
CountyWellington
Annual Tax$4,240
Legal DescriptionPtlt 22 Pl 102 As In Ms126503

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Level, Place Of Worship, Rec./Commun.Centre, School

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

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Location

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8 English Street, 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 8 English Street, 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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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Erin.

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Interest Rate4.00%
Down Payment$236,700 (30.0%)
* Minimum Canadian down payment required for this price is $53,900.
Amortization Period30 Years
Estimated Monthly Payment$2,626Based on a loan of $552,300 over 30 years.
Purchase Price$789,000
Loan Amount$552,300
Provincial Land Transfer Tax:$12,255
Total Estimated Closing Taxes:$12,255

About Purchasing a Home in Erin, ON

For a property listed at $789,000 in Erin, the legal minimum down payment is $53,900 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 $12,255 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 $12,255.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,180,737

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

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

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.