Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Erin. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $998,888 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.
Welcome to an extraordinary, unique, one-of-a-kind opportunity in picturesque rural Erin, just 8 minutes from the heart of downtown. Set on a rare 3.45-acre private oasis, this charming bungalow is framed by beautifully landscaped & manicured grounds & a large private backyard. Wind deeper along the driveway, past authentic outbuildings, & a serene, beautifully maintained pond reveals itself in complete privacy at the rear. Tranquil, calming & entirely your own. Step inside to a warm, inviting family/living room with authentic hardwood floors & a large picture window framing your pretty front yard. The updated kitchen features stainless appliances, a spacious dining/breakfast area & a separate pantry/storage closet. Two main floor bedrooms offer laminate flooring & generous closets, complemented by a fully updated 3-piece bath & convenient main floor laundry. The side entrance leads to a bright, partially finished basement with large windows and a finished 3rd bedroom/office or den. Outside, a fully detached garage/workshop, storage shed & three bonus historical outbuildings plus an open drive shed await original footprint reimagining as workshops, artisan studios or extensive storage spaces. A dream for hobbyists, enthusiasts, remote professionals, or creative home-based businesses. This exceptional parcel features a clear split-zoning layout: R3 (Rural Residential) at the front providing a strong development envelope, while the rear EP2 (Environmental Protection) zone guarantees permanent natural privacy & no rear neighbours. The property directly abuts protected local farmlands, transitioning seamlessly into a serene natural corridor. Wellington County and the Town of Erin are celebrated for rolling countryside, meandering rivers, rich equestrian culture and a quaint village downtown brimming with adorable shops & lovingly preserved heritage. It's the perfect escape, blending rural tranquillity with charm and character. Your private country retreat awaits.
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Greenbelt/Conservation, Lake/Pond, Wooded/Treed
Carpet Free, Central Vacuum
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5858 5th Line, 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 $998,888 in Erin, the legal minimum down payment is $74,889 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 $16,453 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 $16,453.
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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.