5116 Sixth Line

Rural Erin, Erin, L7J 2L8
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5116 Sixth Line, Erin
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4 + 2
BEDROOMS
6
BATHROOMS
1
KITCHENS
11 + 3
ROOMS
X3805293
MLSID
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Property Description
A Spectacular Custom Built Estate Home W/ Elegance, Comfort & Space. This Beauty Is Impeccably Maintained W/Excellent Workmanship, Many Luxurious Details & Quality Finishes. Tastefully Designed Custom Kitchen W/Granite Counters, Top Of The Line Appliances & Large Island. Family Room W/Fireplace. Main Floor Massive Master Bed W/ Big W/In Closet, 5 Pc. Ensuite & Walk-Out To The Covered Porch W/Post Card Views. Oversized Basement. Simply Move In & Enjoy!
Extras
Existing: Fridge, Stove Top, Double Oven, Dishwasher, Wine Fridge, Washer And Dryer, All Elfs, All Window Coverings. Finished Basement With Rec. Room, 3 Pc Ensuite , 2 Beds & R/I For 2 Pc Bath.
Property Details
Community
City
Property Type
Detached, 2-Storey
Lot Size
300' x 500'
Acreage
2-4.99
Fronting
East
Taxes
$15,411 (2016)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.86' x 17.68'Open Concept, Modern Kitchen, W/O To Porch
LivingMain13.16' x 14.80'O/Looks Frontyard, Large Window, Hardwood Floor
DiningMain11.78' x 17.88'W/O To Porch, Built-In Speakers, Hardwood Floor
FamilyMain15.72' x 17.78'O/Looks Backyard, Fireplace, B/I Bookcase
OfficeMain14.60' x 15.12'Pot Lights, O/Looks Frontyard, Hardwood Floor
MasterMain17.81' x 18.11'W/I Closet, 5 Pc Ensuite, W/O To Porch
BrMain10.93' x 13.35'Closet, 3 Pc Ensuite, Hardwood Floor
Great Rm2nd16.27' x 22.93'Pot Lights, Large Window, Hardwood Floor
Br2nd12.76' x 15.78'3 Pc Ensuite, W/I Closet, Pot Lights
Br2nd14.24' x 14.73'3 Pc Ensuite, W/I Closet, Pot Lights
Den2nd7.38' x 12.50'Open Concept, O/Looks Frontyard, Hardwood Floor
RecBsmt29.49' x 33.43'3 Pc Ensuite, Irregular Rm, W/O To Garden
Erin Market Statistics
Erin Price Trend
5116 Sixth Line is a 4-bedroom 6-bathroom home listed for sale at $1,950,000, which is $508,334 (35.3%) higher than the average sold price of $1,441,666 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 4 bedroom home in Erin declined by $758,334 (34.5%) compared to the previous 30 day period (January 28 - February 26) and down $340,334 (19.1%) from the same time one year ago.
Inventory Change
There were 6 4-bedroom homes listed in Erin over the last 30 days (February 27 - March 27), which is down 33.3% compared with the previous 30 day period (January 28 - February 26) and down 33.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Erin typically sold ($81,599) (5.7%) below asking price over the last 30 days (February 27 - March 27), which represents a $117,401 increase compared to the previous 30 day period (January 28 - February 26) and ($117,500) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Erin over the last 30 days (February 27 - March 27) stood at 50.0%, up from 11.1% over the previous 30 days (January 28 - February 26) and up from 22.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 6-bathroom home in Erin stood at 41 days when successfully sold over the last 30 days (February 27 - March 27), compared to 111 days before being removed from the market upon being suspended or terminated.
Listing contracted with Gowest Realty Ltd., Brokerage
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