5583 Third Line
Rural Erin, Erin, N0B 1Z0
FOR SALE
$3,790,000

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3 + 2
BEDROOMS5
BATHROOMS1 + 1
KITCHENS11 + 9
ROOMSX12014898
MLSIDContact Us
Property Description
Nestled in the countryside, this custom-built masterpiece epitomizes luxury, durability, and thoughtful design. Crafted with precision using Insulated Concrete Form construction from footing to peak, this home is not just a dwelling but a legacy that will endure for generations. Renowned as a 1000-year home, it boasts unparalleled strength and resilience. Inside you're greeted by the epitome of culinary excellence in the gourmet kitchen. The expansive, sunlit living area is adorned with tasteful built-ins, escape to the covered deck and immerse yourself in breathtaking panoramic vistas. The primary bedroom is a sanctuary of indulgence, a spa-like ensuite, a spacious dressing room, and direct access to the deck for moments of tranquil relaxation. A bright guest room, accompanied by a 4-pc bathroom and a mudroom, completes the main level. Descend to the lower level, where fitness meets entertainment in a state-of-the-art gym and a captivating theatre that caters to the most discerning cinephile. The 2nd level offers a loft, with a luxurious 4-pc bathroom, walk-in closet, and a generous living area. The lower level has an in-law suite with its own walkout to a covered porch, two bedrooms, one with a versatile office setup and built-in Murphy bed. Natural light floods the home through expansive windows, ensuring that every room is bathed in warmth and serenity. Outside, the landscape unfolds like a painting, with a covered front porch overlooking lush apple trees, the covered deck and patio offer the ideal vantage point to savor the majestic views, reminiscent of a picturesque orchard. For the car enthusiast, ample parking options abound, choose between the attached 37x37 garage with 16 ceiling or the detached 40x65 garage with 12 ceiling and an enclosed 20x40 loft. Located just minutes from Erin, and within easy reach of Guelph, Georgetown, and Hwy 401, this extraordinary residence offers the perfect blend of rural tranquility and urban accessibility.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-10-24 | 2024-12-16 | 53 | $3,920,000 | - | Terminated |
2024-05-16 | 2024-10-23 | 160 | $3,920,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Bungaloft
Approximate Sq.Ft.
3000-3500
Lot Size
100' x 125'
Fronting
East
Basement
Fin W/O
Exterior
Stone, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
20
Driveway
Front Yard
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 19.32' x 31.07' | Electric Fireplace, W/O To Deck, Hardwood Floor |
Dining | Main | 14.34' x 17.59' | Hardwood Floor |
Kitchen | Main | 17.59' x 17.75' | Hardwood Floor, Stainless Steel Appl |
Mudroom | Main | 7.58' x 12.40' | |
Br | Main | 13.09' x 23.75' | 4 Pc Ensuite, Hardwood Floor, W/I Closet |
2nd Br | Main | 12.07' x 12.93' | Hardwood Floor, W/I Closet |
3rd Br | 2nd | 16.77' x 17.65' | Hardwood Floor, 4 Pc Ensuite, W/I Closet |
Den | 2nd | 7.51' x 12.93' | Hardwood Floor |
Media/Ent | Lower | 19.49' x 25.26' | Broadloom, Pot Lights, Built-In Speakers |
Exercise | Lower | 21.65' x 18.70' | |
4th Br | Lower | 12.80' x 16.40' | Broadloom, Pot Lights, Double Closet |
5th Br | Lower | 10.50' x 12.47' | Murphy Bed, B/I Bookcase, Broadloom |
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Erin Market Statistics
Erin Price Trend
5583 Third Line is a 3-bedroom 5-bathroom home listed for sale at $3,790,000, which is $2,895,834 (323.9%) higher than the average sold price of $894,166 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Erin declined by $385,834 (30.1%) compared to the previous 30 day period (December 22 - January 20) and up $34,166 (4.0%) from the same time one year ago.Inventory Change
There were 7 3-bedroom homes listed in Erin over the last 30 days (January 21 - February 19), which is down 12.5% compared with the previous 30 day period (December 22 - January 20) and down 22.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Erin typically sold ($38,249) (4.3%) below asking price over the last 30 days (January 21 - February 19), which represents a $16,750 increase compared to the previous 30 day period (December 22 - January 20) and ($16,633) 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 3-bedroom homes in Erin over the last 30 days (January 21 - February 19) stood at 85.7%, up from 25.0% over the previous 30 days (December 22 - January 20) and up from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 5-bathroom home in Erin stood at 24 days when successfully sold over the last 30 days (January 21 - February 19), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Miller Real Estate Ltd.
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We are building your dream home! Located on a 1.6 acre, flat lot with beautiful, mature trees in a neighbourhood of country estate homes. This beautiful 5,800 sq ft home will feature, 4 bedrooms, 6 bathrooms and luxury finishes chosen by you! (Land with Permits also available for purchase). Good schools, amenities close by and excellent access for commuters is what makes Erin a desirable location for people looking for room and to escape to the country. If you have been dreaming of a new home with room to grow, this is it.
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