Re-listed 2 days ago

45 Wellington 124 Rd, Erin, Ontario N0B 1T0

Detached
7
3
~2500-3000 sqft
$•••,•••
$1,049,000
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Detached
7
3
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$384/sqft

Est. Mortgage$4,505/mo

Tax Amount (2024)$4,848/yr

Days On Market2 days

Total Days On Market106 days


Description

Fantastic opportunity in prime Erin location! Sitting on a .42 acre lot just outside of town, walk to Erin with it's shopping, restaurants, grocery store, and more! 3 homes in one! Full detached bungalow and 2 storey duplex, zoning attached. Live in one and rent the other two! Bungalow offers hardwood floors, wood stove, updated kitchen w/breakfast bar & granite counters, 2 BR's, large bright living room w/wood stove, own laundry + access to lower level storage area (separate septic system). The 2 storey offers a 2 BR upper unit w/large LR, laminate floors & upper & lower decks + shed! The main floor has 2 BR's + den w/closet, separate living/dining rms and good sized kitchen, 3 w/o's. These two units share a laundry room & separate septic system. Well serves all 3 units. Huge upper lawn with fire pit. All tenants share the property, with separate sitting/bbq areas. Nicely landscaped, lots of parking! Don't wait! Fantastic investment opportunity, w/huge potential to increase value/rent! Erin is growing! Get in now! ** Bungalow measurements - *Living - 3.95 x 3.12 *Kitchen - 4.57 x 3.66 *BR1 - 2.96 x 2.70 *BR2 - 2.44 x 2.70. *Note - Zoning R1-105 - "existing single detached dwelling & a duplex dwelling on one lot" - see attachment.


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~2500-3000 SqFt
Lot Size17,942 SqFt(163.11 x 110)
Parking Spaces10
MLS ®NumberX12141725
Community NameErin
Data SourceTRREB
Listing byIPRO REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full, Walk-Up

Ground Floor

Laundry

2.24 x 1.86

Vinyl Floor

Living

5.63 x 4.37

Laminate / W/O To Garden

Br

3.03 x 2.07

Laminate / Closet

Br

3.15 x 2.9

Laminate


Features

Lot size: 17,942 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
2 days on market
history photo preview28
Listing by trreb®
Property listed by IPRO REALTY LTD., Brokerage

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Market Data - Erin

Geo Zone Map ThumbnailErin

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

36 days

Compared to

2024

30 days

2023

37 days

2022

17 days

New Listings

Past 30 days

48 listings

Compared to

2024

60 listings

2023

42 listings

2022

30 listings

Units sold

Past 30 days

9 units

Compared to

2024

12 units

2023

23 units

2022

6 units

Median Sold Price

Past 30 days

$1,400,000

Compared to

2024

$810,000

2023

$1,290,000

2022

$1,347,500


Population and Demographics

Overview

Total population 11445
Average household income $163,486

Age (%)

50 to 64
27%
0 to 19
21%
35 to 49
19%
65 and plus
18%
20 to 34
16%

Household composition (%)

Single family
78%
Single person
17%
Multi person
3%
Multi family
2%

Mother tongue (%)

English
90%
Others
5%
Polish
2%
Portuguese
2%
French
1%

House tenancy (%)

Owners
90%
Renters
10%

Schools and amenities

Transportation Scores

Estimated Budget