5028 Wellington Rd 125
Rural Erin, Erin, L7J 2L0
FOR SALE
$4,600,000
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4
BEDROOMS2
BATHROOMS2
KITCHENS7 + 1
ROOMSX8222530
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Property Description
On 45 acres of land, this property presents plenty of opportunities for a home, recreation, and commercial endeavors. This 4 Bedroom Spanish Style bungalow with walkout basement, located in the charming Wellington County, offers the perfect blend of serene countryside living and commercial potential. The home features four decent size bedrooms, a versatile rec room, and a beautifully landscaped backyard with a serene pond. With parking space for 12+ cars .This property is conveniently located to everything in the Town. With exposure to Hwy 125 and easy access to Hwy 401 and Hwy 9, this property connects to both Milton and Georgetown's downtown districts. This property is also just north of proposed Hwy 413. With living spaces, a large workshop, and breathtaking surroundings, this property is sure to exceed expectations. Don't miss out on the chance to make this dream property yours today.
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Extras
Second driveway leads to extra residential unit with direct access to the shop, with multiple outdoor parking areas that offer ample room for vehicles.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
671' x 2,144'
Fronting
West
Taxes
$9,421 (2023)
Basement
Fin W/O, Part Bsmt
Exterior
Stone
Heat Type
Other
Heat Source
Propane
Air Conditioning
None
Water
Well
Parking Spaces
10
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.58' x 21.65' | |
| Dining | Main | 12.73' x 9.81' | |
| Kitchen | Main | 11.15' x 13.78' | |
| Prim Bdrm | Main | 13.58' x 13.68' | 2 Pc Ensuite |
| 2nd Br | Main | 11.58' x 14.01' | |
| 3rd Br | Main | 9.81' x 11.91' | |
| 4th Br | Main | 17.59' x 10.07' | |
| Rec | Bsmt | 28.90' x 26.57' |
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Erin Market Statistics
Erin Price Trend
5028 Wellington Rd 125 is a 4-bedroom 2-bathroom home listed for sale at $4,600,000, which is $3,490,000 (314.4%) higher than the average sold price of $1,110,000 in the last 30 days (March 30 - April 28). 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 29 - March 29) and down $149,000 (11.8%) from the same time one year ago.Inventory Change
There were 12 4-bedroom homes listed in Erin over the last 30 days (March 30 - April 28), which is up 100.0% compared with the previous 30 day period (February 29 - March 29) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Erin typically sold ($90,000) (8.1%) below asking price over the last 30 days (March 30 - April 28), which represents a $8,401 decrease compared to the previous 30 day period (February 29 - March 29) and ($28,966) 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 30 - April 28) stood at 8.3%, down from 50.0% over the previous 30 days (February 29 - March 29) and down from 25.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Erin stood at 21 days when successfully sold over the last 30 days (March 30 - April 28), compared to 101 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Miracle Realty Ltd
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