5031 Sixth Line

Rural Erin, Erin, L7J 2L8
FOR SALE
$3,950,000
5031 Sixth Line, Erin
5031 Sixth Line
5031 Sixth Line
5031 Sixth Line
5031 Sixth Line
5031 Sixth Line
5031 Sixth Line
5031 Sixth Line
5031 Sixth Line
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5031 Sixth Line
5031 Sixth Line
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5031 Sixth Line
5031 Sixth Line
5031 Sixth Line
5031 Sixth Line
5031 Sixth Line
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5031 Sixth Line
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5031 Sixth Line
5031 Sixth Line
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
9 + 2
ROOMS
X6106140
MLSID
Contact Us
Property Description
Welcome To Diamond Ridge Stables. Situated On Nearly 90 Acres In South Erin This Fabulous Dutch Masters Built Equestrian Facility Features 16 - 12X12 Fully Matted Stalls All With Designated Water. Heated Tack Room, Viewing Room & Office. Feed Room, Blanket Room, 2 Spacious Grooming Stalls And An Over-Sized Wash Stall. Attached 80 X 180 Indoor Arena. 100 X 200 Outdoor Ring W/ New Footing. 14 Paddocks And 2 Round Pens. 30 Acre Hay Field And Tons Of Trails For Hacking. Built In 1980 The Well Maintained And Updated House Is Located Well Off The Road For Total Privacy And Offers 4 Large Bedrooms - One On The Main Floor - A Great Floor Plan With Multiple Walk-Outs And Large Principal Rooms. A Huge Kitchen With Centre Island, Stainless Steel Appliances And Walk-Out To Deck Overlooking The Garden. Beamed Ceilings Throughout The Main Floor. Detached 4 Car Garage.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-01-12 2023-06-02 141 $4,250,000 - Terminated
2023-01-12 2023-01-12 0 $4,250,000 - Terminated
2023-03-02 2023-04-05 33 $4,800 $4,800 Leased
2022-08-05 2022-12-31 148 $4,250,000 - Expired
Extras
Original Bank Barn Is Close To The House With 7 Additional Stalls, Hydro, Water And A Huge Loft Above. Great Location Close To Angelstone And Palgrave. Close To Acton And Georgetown And An Easy Commute To Toronto. Two Furnaces - Oil & Wood.
Property Features
Lake/Pond
Property Details
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Acreage
50-99.99
Fronting
East
Taxes
$11,506 (2022)
Basement
Full, Part Fin
Exterior
Wood
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
Central Air
Water
Well
Parking Spaces
20
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenGround14.73' x 20.73'Centre Island, Tile Floor, W/O To Sundeck
DiningGround11.91' x 14.57'Wood Floor, Formal Rm, O/Looks Living
LivingGround14.60' x 18.57'Wood Floor, W/O To Patio, O/Looks Dining
FamilyGround14.70' x 21.75'Wood Floor, Bay Window, Brick Fireplace
LaundryGround8.10' x 10.47'Wood Floor, W/O To Yard
BrGround10.37' x 19.69'Wood Floor, W/I Closet
Prim Bdrm2nd12.01' x 21.78'Wood Floor, 4 Pc Ensuite, W/I Closet
Br2nd11.98' x 14.67'Wood Floor, Closet
Br2nd11.48' x 14.73'Wood Floor, Closet
RecBsmt12.73' x 17.49'Above Grade Window
OfficeBsmt10.43' x 11.98'Above Grade Window
Erin Market Statistics
Erin Price Trend
5031 Sixth Line is a 4-bedroom 2-bathroom home listed for sale at $3,950,000, which is $2,840,000 (255.9%) higher than the average sold price of $1,110,000 in the last 30 days (April 1 - April 30). 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 (March 2 - March 31) and down $198,000 (15.1%) from the same time one year ago.
Inventory Change
There were 13 4-bedroom homes listed in Erin over the last 30 days (April 1 - April 30), which is up 116.7% compared with the previous 30 day period (March 2 - March 31) and up 8.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Erin typically sold ($90,000) (8.1%) below asking price over the last 30 days (April 1 - April 30), which represents a $8,401 decrease compared to the previous 30 day period (March 2 - March 31) and ($36,450) 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 (April 1 - April 30) stood at 7.7%, down from 50.0% over the previous 30 days (March 2 - March 31) and down from 16.7% 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 (April 1 - April 30), compared to 101 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Rcr Realty
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