5505 10 Line

Erin, Erin, N0B 1T0
FOR SALE
$929,000
5505 10 Line, Erin
5505 10 Line
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
8
ROOMS
X9347171
MLSID
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Property Description
*Assignment Sale* in one off the fastest Sold-Out project. the Located in the serene town of Erin, this brand new Semi Detached house boasts high end finishes and a superb layout. This 1,670 sq ft spacious semi-detached house comes with 4 Bedrooms & 2.5 washrooms allowing for plenty of space for you and your family. The basement can be converted into additional bedrooms or a spacious rec-room. This brand new community is surrounded by picturesque trails and heritage natural lands.
Property Details
Street
Community
City
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Fronting
North
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Available
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
Great RmGround9.91' x 19.65'
Br2nd12.99' x 13.98'3 Pc Ensuite, W/I Closet, Window
2nd Br2nd9.97' x 9.32'W/I Closet, Window
3rd Br2nd9.97' x 9.97'Closet, Window
4th Br2nd10.99' x 7.97'
KitchenGround7.97' x 9.65'Quartz Counter, Open Concept
Erin Market Statistics
Erin Price Trend
5505 10 Line is a 4-bedroom 3-bathroom home listed for sale at $929,000, which is $1,112,250 (54.5%) lower than the average sold price of $2,041,250 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 4 bedroom home in Erin declined by $1,208,750 (37.2%) compared to the previous 30 day period (July 22 - August 20) and up $773,750 (61.0%) from the same time one year ago.
Inventory Change
There were 10 4-bedroom homes listed in Erin over the last 30 days (August 21 - September 19), which is down 33.3% compared with the previous 30 day period (July 22 - August 20) and up 150.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Erin typically sold ($68,699) (3.4%) below asking price over the last 30 days (August 21 - September 19), which represents a $80,801 increase compared to the previous 30 day period (July 22 - August 20) and ($57,500) 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 (August 21 - September 19) stood at 40.0%, up from 13.3% over the previous 30 days (July 22 - August 20) and down from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Erin stood at 45 days when successfully sold over the last 30 days (August 21 - September 19), compared to 85 days before being removed from the market upon being suspended or terminated.
Listing contracted with Save Max Real Estate Inc.
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