5390 8th Line
Rural Erin, Erin, N0B 1T0
FOR SALE
$1,299,900
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BEDROOMS1
BATHROOMS1
KITCHENS7
ROOMSX9247989
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Property Description
Privacy plus! Unique 200 year old property located on the edge of town, features 3.5 acres with 3 road frontages, above ground pool (as is), with large cabana/ entertainment area, Separate detached heated garage, Large country kitchen, Primary bedroom offers a private upper deck, and a three season sitting room overlooking the private rural setting. Wrap around deck with a screened in portion to allow you to enjoy the outdoors. Private enclosed hot tub. No need for a cottage with this property, enjoy your own private trails.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-16 | 2024-08-09 | 85 | $1,299,900 | - | Terminated |
| 2023-07-11 | 2023-08-31 | 51 | $1,499,900 | - | Terminated |
Extras
built in dishwasher
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
344' x 898'
Acreage
2-4.99
Lot Irregularities
619x206x147x110
Fronting
North
Taxes
$1,593 (2024)
Basement
Crawl Space
Exterior
Board/Batten
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Well
Pool
Abv Grnd
Parking Spaces
18
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 14.01' x 19.98' | |
| Dining | Main | 16.99' x 16.01' | Fireplace |
| 2nd Br | Main | 10.99' x 10.99' | |
| 3rd Br | Main | 9.19' x 8.53' | |
| Family | Upper | 19.00' x 25.00' | Fireplace |
| Prim Bdrm | Upper | 16.01' x 22.01' |
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Erin Market Statistics
Erin Price Trend
5390 8th Line is a 3-bedroom 1-bathroom home listed for sale at $1,299,900, which is $505,650 (63.7%) higher than the average sold price of $794,250 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom home in Erin declined by $279,750 (26.0%) compared to the previous 30 day period (July 22 - August 20) and down $413,350 (34.2%) from the same time one year ago.Inventory Change
There were 16 3-bedroom homes listed in Erin over the last 30 days (August 21 - September 19), which is up 6.7% compared with the previous 30 day period (July 22 - August 20) and down 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Erin typically sold ($26,999) (3.4%) below asking price over the last 30 days (August 21 - September 19), which represents a $19,780 increase compared to the previous 30 day period (July 22 - August 20) and ($62,960) more 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 3-bedroom homes in Erin over the last 30 days (August 21 - September 19) stood at 25.0%, down from 33.3% over the previous 30 days (July 22 - August 20) and down from 27.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Erin stood at 32 days when successfully sold over the last 30 days (August 21 - September 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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