45 WELLINGTON ROAD 124, Erin

$924,111

For sale: Other

Other at 45 WELLINGTON ROAD 124, Erin
Property type
Other
Bedrooms / bathrooms
6 bedrooms, 3 bathrooms
Living area
3,000 sqft
MLS®
MLS® X13615714
Neighbourhood
Erin

Invest in your future in the charming & growing community of Erin! Versatile income-generating property features 2 detached houses for a total of 3 separate above-grade apartments! Perfect for a multi-generational family, or opportunity to supplement your mortgage by living in one unit & earning rental income from the others or/ just cash flow from a fully tenanted investment or/ make plans to redevelop later -- lots of possibilities with a water main connection now at the roadside. This property offers excellent future potential as the area expands with it's surrounding prestigious estate properties. Enjoy the countryside feel while still being able to walk to shops & nearby trails. A rare opportunity to add a flexible, cash-flowing asset to your portfolio within an hour to GTA= Central location & long-term value with 2 detached houses, 2 natural gas furnaces, 2 separate electrical panels, 2 hydro meters, 2 septic systems, 2 hot water tanks (1 owned, 1 rented), well, UV system, heat pump, parking for 8+ cars on paved driveway. Fully rented! Reach out for financials. Each apartment has it's own entrance, 2 bedrooms and 1 bathroom, kitchen, bright living room, outdoor patio area & 2 car parking for each. Bonus: Detached bungalow has it's own separate hydro meter, electrical panel, natural gas furnace, hot water tank, & laundry. Granite countertops & large breakfast bar complimented w/ barn board in the kitchen w/ S/steel stove 2024, fridge & microrange'18. Plus, huge unfinished basement too! Bungalow Roof + Gas BBQ line'17. UV system'18. Carpet free Bungalow - Bedrm 2 Flooring'18. There's more... Separate Detached 2 storey Duplex w/ 2 separate apartments. Heat pump 2024. Luxury Vinyl flooring upper bedrooms'25. Flooring in main floor living & bedrms'21, Laundry Rm Exterior Door & flooring'20. Chimney swept'25. Zoning R1-105 "Existing Single Detached Dwelling And A Duplex Dwelling On One Lot. 48 hrs needed for showings pls.

Sold data

Homes in Erin — recent sold market

Homes in Erin took a median of 42 days to sell over the last 90 days, with the quickest quarter selling within 28 days and the slowest quarter taking more than 74, across 53 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 89 days.

The median sale price was $959,999.

Homes sold for about 4.2% below asking on average, so there was room to negotiate.

About 4% of sales closed above the list price.

Around 32% of sellers reduced their price before finding a buyer.

Median days to sell
42
Median sale price
$959,999
Sale-to-list ratio
95.8%
Sold above asking
4%

Based on 53 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Erin

Erin has 3 Fraser Institute–rated schools (2 elementary and 1 secondary), averaging 7.2/10.

Rated schools
3
Elementary
2
Secondary
1
Average rating
7.2 / 10

Top-rated schools in Erin

  • Erin — secondaryFraser rating 8.3/10
  • Brisbane — elementaryFraser rating 7.9/10
  • St John Brebeuf — elementaryFraser rating 5.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 45 WELLINGTON ROAD 124