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5049 Third Line, Erin, ON L7J 2L8

3 beds · 2 baths · 1 kitchen · 5 rooms · 27 parking spaces · 2000-2500 sq ft · Laundry on the main level level · Rural Residential
$1,750,000
Property tax
$3,392 / year

Welcome to an extraordinary 88-acre country estate offering the perfect blend of rural charm, recreation, and functionality. Just mins to Halton Hills, Rockwood, and Erin. Whether you're dreaming of a hobby farm, or a private country retreat, this exceptional property delivers. The charming century home offers 3 spacious bedrooms, a dedicated office that could serve as a guest room, 1.5 bathrooms, a large mudroom, and an incredible three-season sunroom where you can relax and take in the beauty of the surrounding landscape. Step outside to your own private backyard oasis featuring a large on-ground pool complete with a waterslide, along with a separate hot tub. Designed for those who need space to work, play, and store equipment, the property also features a large workshop, a spacious two-car detached garage, and an impressive three-level bank barn. The barn includes three stalls with additional space for chickens, goats, and other livestock, its own well and electricity, and room for hay and equipment. The surrounding paddocks have previously been used for horses. Three stunning spring-fed ponds add to the property's natural beauty, creating a peaceful setting that attracts wildlife and provides breathtaking views throughout every season. With 88 acres to explore, there is endless potential for trails, pasture, gardening, recreation, or simply enjoying the privacy that only a property of this size can offer. The owners also participate in the Managed Forest Tax Incentive Program (MFTIP), providing potential property tax savings while supporting responsible stewardship of the forested portions of the land.Properties like this are incredibly rare. Offering a charming home, outstanding outbuildings, exceptional recreational amenities, acres of picturesque countryside, and the added benefit of the Managed Forest Tax Incentive Program, this is more than a home-it's a lifestyle and a legacy property waiting for its next chapter

MLS number
X13623304
Type
Rural Residential
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
L7J 2L8
Photos
43
Laundry
Main Level level
44days · 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.

Work out the numbers

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

$350,000 · minimum here is $350,000
$7,748.62per month
Borrowed before insurance$1,400,000
Total borrowed$1,400,000
Interest over 25 years at 4.5%$924,586

If you rented it out

-$8,031.29per month out of pocket
Rent$0.00
Everything it costs to hold$8,031.29
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 Bosley Real Estate Ltd.. Listing data provided by the Toronto Regional Real Estate Board.