5192 THIRD LINE, Erin

$2,789,000

For sale: Other

Other at 5192 THIRD LINE, Erin
Property type
Farm
Bedrooms / bathrooms
5 bedrooms, 2 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13530940
Neighbourhood
Rural Erin

An exceptional opportunity to acquire a turn key equestrian facility. Offering unparalleled value and proximity to the Greater Toronto commuter Area-approximately 1 hour away. This property combines affordability, expansive acreage, and premium amenities, making it a unique investment for discerning buyers. Land Area: 87.6 acres, approx 40 acres hay/workable, roughly 20 acres of woods for recreational activities .Eleven well-appointed paddocks with excellent newer fencing and hardware, most have automated year-round Richie waters. A spacious 60 x 140 ft. indoor arena with viewing room complemented by a large 100 x 200 ft outdoor sand ring and a grass ring that suits any equestrian activity. Multiple barns in A++ condition, providing 31 stalls, 6 tack rooms, a wash stall & feed room, century bank barn with hay loft. Hack next door to the Meadowlark Showground, 45 mins drive to GTA , 6 mins drive to Angelestone and 45 mins to Palgrave . This set up is easily tailored to hosting shows, camps, and boarding. Easy large rig access and ample turnaround space.The 100 year stone farm house has many original architectural details incl gorgeous two-sided fireplace in the inviting eat-in farmhouse kitchen, original baseboards with extra high and wide trim, five-bedrooms, the cozy third-storey attic is suitable for use as an office or the 5th bedroom. The land and buildings are well maintained and fully prepared for immediate and turnkey use A stream at the rear of the property and a charming pond at the front rounds out this special property. INVESTMENT POTENTIAL :The property's prime location in the heart of Erin with its extensive amenities make it an attractive investment opportunity. Options include full or partial rental for home, storage, or any equestrian purposes, farming or simply holding as a valuable future land bank. Properties of this calibre and pricing in this area are exceedingly rare.

Sold data

Homes in Erin — recent sold market

Homes in Erin took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 74, across 55 recorded sales.

The median sale price was $899,900.

Homes sold for about 4.4% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
40
Median sale price
$899,900
Sale-to-list ratio
95.6%
Sold above asking
9%

Based on 55 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

  • ErinsecondaryFraser rating 8.3/10
  • BrisbaneelementaryFraser rating 7.9/10
  • St John BrebeufelementaryFraser rating 5.5/10

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

Currently for sale

Homes for sale near 5192 THIRD LINE