9247 Wellington 50 Road, Erin, ON

$2,499,999
MLS#:X9053973
5 beds
4 baths
2500-3000 sqft
14.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 6, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Sidesplit 4 farm located in the coveted neighborhood of Rural Erin. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $2,499,999 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.

  • 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a spacious lot (Feet)
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 14.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Absolutely beautiful farm located on approx 29 acres. The split level home is bright and spacious, offering enough room for the whole family! This home has a large eat-in kitchen that has direct access to the 4 season sunroom overlooking the pond. Large family room with fireplace, a bedroom/office on the main floor plus main floor laundry. Upstairs offers 2 good sized bedrooms plus a large primary bedroom w/ double closets, an ensuite w/ glass shower. Basement offers a potential in law suite with a bedroom, large rec room, 2nd kitchen with a separate entrance! The property has several large paddocks with newer run in sheds, plus an outdoor sand ring! The barn has 20+ stalls, a great opportunity to rent out stalls! There is a 2pc washroom, wash station and a heated viewing room with a view of your 60X144 indoor arena! Conveniently located 5 minutes down the road from Angelstone! Don't miss this opportunity!

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Property Summary

This farm located at 9247 Wellington 50 Road, Erin is currently for sale and has been available on SousaSells for 723 days. This property is listed at $2,499,999 with an estimated mortgage of $8,322* per month. It has 5 beds, 4 bathrooms, and is 2500-3000 square feet. 9247 Wellington 50 Road, Erin is in the Rural Erin neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 6, 2024
Sold price information is available to members only
Listed Date7/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeFarm
Architectural StyleSidesplit 4
ConstructionBrick, Vinyl Siding
BasementFinished with Walk-Out
CountyWellington
Annual Tax$4,653.92
Legal DescriptionCON 6 PT LOT 5 RP 61R464PART 1PT

Parking & Garage

Parking Spaces14.0
Garage Spaces12
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Greenbelt/Conservation, School Bus Route, Wooded/Treed

Interior Features

None

Security Features

Community Features

Location

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9247 Wellington 50 Road, 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 9247 Wellington 50 Road, Erin, ON L7J 2L8

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$750,000 (30.0%)
* Minimum Canadian down payment required for this price is $500,000.
Amortization Period30 Years
Estimated Monthly Payment$8,322Based on a loan of $1,749,999 over 30 years.
Purchase Price$2,499,999
Loan Amount$1,749,999
Provincial Land Transfer Tax:$48,975
Total Estimated Closing Taxes:$48,975

About Purchasing a Home in Erin, ON

For a property listed at $2,499,999 in Erin, the legal minimum down payment is $500,000 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 $48,975 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 $48,975.

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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.