Homula Realty Brokerage
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5058 3 Line, Erin, ON L7J 2L8

3+1 beds · 3 baths · 1 kitchen · 7+2 rooms · 7 parking spaces · 1500-2000 sq ft · Detached
$1,290,555
Property tax
$6,568 / year

This backyard feels like a private resort.A stunning custom-designed pond with its own sandy beach, rock waterfall, and beautifully landscaped surroundings creates a setting you rarely find on a private 1-acre property. Nestled on the edge of Erin, this exceptional estate offers the perfect blend of privacy, elegance, and country living. Inside, the home features vaulted ceilings, a beautifully updated kitchen with granite countertops and centre island, and an open-concept living and dining area designed for entertaining with walkout access to an elevated deck overlooking the grounds and pond. The main floor offers three spacious bedrooms, a renovated family bathroom, and convenient laundry hookup. The fully finished lower level adds even more living space with a warm and inviting recreation area featuring an electric fireplace, bar and sink area, renovated 4-piece bathroom with glass shower, fourth bedroom, and walkout access to the mudroom and garage. The outdoor entertaining spaces truly set this property apart, including a custom-built cabana complete with wood stove, 3-piece bathroom, and both indoor and outdoor bar areas overlooking the pond. A covered front cement patio adds even more space to relax and unwind while the expansive driveway comfortably accommodates up to 6 vehicles. A rare opportunity to own your own private country oasis just minutes from town.

MLS number
X13552608
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
3
Postal code
L7J 2L8
Photos
43
64days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in Erin245 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$941k$1.17M$1.39M20252026this home’s asking price
$1.00Mlatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
94%97%100%20252026the asking price
95%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d22d44d20252026
36dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in erin. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$258,111 · minimum here is $104,056
$5,714.30per month
Borrowed before insurance$1,032,444
Total borrowed$1,032,444
Interest over 25 years at 4.5%$681,845

If you rented it out

-$6,261.63per month out of pocket
Rent$0.00
Everything it costs to hold$6,261.63
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by ROYAL LEPAGE CERTIFIED REALTY. Listing data provided by the Toronto Regional Real Estate Board.