$1,899,000
For sale: Other

48-50 Main Street, Erin - Prime Commercial & Residential Opportunity An exceptional investment opportunity in the heart of downtown Erin. This 4200 sqft free-standing mixed-use building offers both commercial and residential income in a highly visible and desirable location.4 Residential Units - Well-maintained, income-generating apartments Long-Standing Commercial Tenancy - A trusted business presence at street level, providing stability. Prime Downtown Location - Situated directly on Erin's Main Street, within walking distance to shops, dining, and town amenities. On-Site Parking New roof (2022), New Deck 2024, Separate meters, forced air heat and A/C With its blend of commercial and residential spaces, this property presents a strong opportunity for investors seeking reliable cash flow in a growing community. Whether you're expanding your portfolio or looking for a stable mixed-use property, 48-50 Main Street delivers both income and potential.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 89 days.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.
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
Erin has 3 Fraser Institute–rated schools (2 elementary and 1 secondary), averaging 7.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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