5540 Eighth Line
Rural Erin, Erin, N0B 1T0
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3
BEDROOMS4
BATHROOMS1
KITCHENS7 + 2
ROOMSX4276009
MLSIDContact Us
Property Description
New Custom Home On 1 Acre Lot For Less Than Million! Backing On The Conservation Area. Total Privacy. Only 2 Km From Town Of Erin/Across Golf Course/Large Driveway Holds 10 Or More Cars. New Home. Just Completed/Perfect Country Property/Open Concept Design/Kitchen With Granite Counters/Large Dining/Walk Out To Private Deck/Large Bedrooms/Quality Laminate Floors On Both Levels/City Water/New Septic/Large Detached Garage/Fast Internet/
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-03-04 | 2021-03-05 | 1 | $1,399,999 | $1,435,000 | Sold |
| 2021-02-25 | 2021-03-04 | 7 | $1,399,999 | - | Terminated |
Extras
All Existing Appliances, All Existing Light Fixtures, All Window Coverings. /// This Property Has Amazing Location For Commuters. 20 Minutes To Orangeville, 30 Min To Brampton. 40 Min To Pearson Airport. Good Schools. Fantastic Community!
Property Features
Golf, Grnbelt/Conserv, Ravine, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
98' x 447'
Acreage
.50-1.99
Fronting
West
Taxes
$6,650 (2018)
Basement
Finished, Full
Exterior
Metal/Side, Stone
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 15.68' x 10.10' | Breakfast Bar, Stainless Steel Appl, Granite Counter |
| Dining | Main | 10.99' x 25.00' | Combined W/Family, W/O To Deck, Laminate |
| Family | Main | 25.20' x 14.80' | Gas Fireplace, Pot Lights, Laminate |
| Master | Upper | 16.57' x 14.80' | 4 Pc Ensuite, W/I Closet, Laminate |
| 2nd Br | Upper | 15.19' x 12.24' | B/I Closet, Picture Window, Laminate |
| 3rd Br | Upper | 15.19' x 12.24' | B/I Closet, B/I Shelves, Laminate |
| Rec | Lower | 23.98' x 23.00' | Above Grade Window, Laminate |
| Games | Lower | 23.98' x 14.47' | Above Grade Window, Laminate |
| Mudroom | Main | 6.56' x 6.56' | 2 Pc Bath |
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Erin Market Statistics
Erin Price Trend
5540 Eighth Line is a 3-bedroom 4-bathroom home listed for sale at $989,888, which is $47,388 (5.0%) higher than the average sold price of $942,500 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 3 bedroom home in Erin declined by $653,500 (40.9%) compared to the previous 30 day period (February 24 - March 24) and down $174,227 (15.6%) from the same time one year ago.Inventory Change
There were 22 3-bedroom homes listed in Erin over the last 30 days (March 25 - April 23), which is up 57.1% compared with the previous 30 day period (February 24 - March 24) and up 144.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Erin typically sold ($57,461) (6.1%) below asking price over the last 30 days (March 25 - April 23), which represents a $21,038 increase compared to the previous 30 day period (February 24 - March 24) and ($97,072) 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 3-bedroom homes in Erin over the last 30 days (March 25 - April 23) stood at 36.4%, up from 14.3% over the previous 30 days (February 24 - March 24) and down from 122.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Erin stood at 33 days when successfully sold over the last 30 days (March 25 - April 23), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Realty Executives Domator Inc., Brokerage
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