5650 Eighth Line

Rural Erin, Erin, N0B 1T0
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5650 Eighth Line, Erin
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
12 + 4
ROOMS
X3871656
MLSID
Contact Us
Property Description
Rare Opportunity To Own One Of The Prettiest Properties In Erin. One Of The Rare Times The Virtual Tour Doesn't Do Justice To A Property. You Have To Walk This Stunning Property With Crystal Ponds, Streams And Rolling Hills. Country Century Home With Separate 2 Car Garage, With An Additional Residence Above And Bank Bank Barn. Cataract Trail Divides Property. Pending Final Severance.
Extras
Extraordinary 82.37 Acre Property. Enjoy A Dip In The Pool After You Play Tennis, Or If You Choose Take A Dip In The Crystal Clear Pond.
Property Features
Golf, Grnbelt/Conserv, Lake/Pond, River/Stream, Rolling, Wooded/Treed
Property Details
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Acreage
50-99.99
Lot Irregularities
Irregular
Fronting
West
Taxes
$4,774 (2016)
Basement
Part Fin
Exterior
Board/Batten
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Water
Well
Pool
Inground
Parking Spaces
20
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenGround12.47' x 16.60'Eat-In Kitchen, Walk-Out, Plank Floor
FamilyGround11.15' x 20.47'Large Window, Walk-Out, Plank Floor
DiningGround12.96' x 15.26'Plank Floor, Fireplace
SittingGround6.63' x 14.24'Plank Floor, Wood Stove
LivingGround19.00' x 25.10'Fireplace, Walk-Out, Plank Floor
LaundryGround6.86' x 10.99'Plank Floor
Master2nd16.21' x 18.96'Broadloom, 4 Pc Ensuite, His/Hers Closets
2nd Br2nd10.93' x 11.06'Broadloom
3rd Br2nd10.79' x 17.29'Broadloom
4th Br2nd8.63' x 17.29'Broadloom
RecBsmt15.91' x 16.77'Broadloom, Walk-Out, Sliding Doors
OfficeBsmt8.27' x 8.27'Broadloom
Erin Market Statistics
Erin Price Trend
5650 Eighth Line is a 4-bedroom 4-bathroom home listed for sale at $1,995,000, which is $885,000 (79.7%) higher than the average sold price of $1,110,000 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 4 bedroom home in Erin declined by $331,666 (23.0%) compared to the previous 30 day period (February 26 - March 26) and down $115,500 (9.4%) from the same time one year ago.
Inventory Change
There were 13 4-bedroom homes listed in Erin over the last 30 days (March 27 - April 25), which is up 160.0% compared with the previous 30 day period (February 26 - March 26) and up 8.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Erin typically sold ($90,000) (8.1%) below asking price over the last 30 days (March 27 - April 25), which represents a $8,401 decrease compared to the previous 30 day period (February 26 - March 26) and ($11,500) less 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 (March 27 - April 25) stood at 7.7%, down from 60.0% over the previous 30 days (February 26 - March 26) and down from 16.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Erin stood at 21 days when successfully sold over the last 30 days (March 27 - April 25), compared to 101 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Specialists Inc., Brokerage
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