5583 Third Line

Hillsburgh, Erin, N0B 1Z0
FOR SALE
$3,920,000
5583 Third Line, Erin
5583 Third Line
5583 Third Line
5583 Third Line
5583 Third Line
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5583 Third Line
5583 Third Line
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5583 Third Line
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3 + 2
BEDROOMS
5
BATHROOMS
1 + 1
KITCHENS
11 + 9
ROOMS
X8347128
MLSID
Contact 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.
Property Details
Community
City
Property Type
Detached, Bungaloft
Approximate Sq.Ft.
3500-5000
Lot Size
100' x 125'
Acreage
2-4.99
Fronting
North
Basement
Finished, W/O
Exterior
Stone, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
20
Driveway
Other
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain19.32' x 31.07'
DiningMain14.34' x 17.59'
KitchenMain17.59' x 17.75'
MudroomMain7.58' x 12.40'
BrMain13.09' x 23.75'
2nd BrMain12.07' x 12.93'
BathroomMain10.07' x 15.91'5 Pc Ensuite
3rd Br2nd16.77' x 17.65'
Bathroom2nd7.51' x 10.07'4 Pc Ensuite
Den2nd7.51' x 12.93'
BathroomMain7.51' x 10.07'4 Pc Bath
Media/EntLower19.49' x 25.26'
Erin Market Statistics
Erin Price Trend
5583 Third Line is a 3-bedroom 5-bathroom home listed for sale at $3,920,000, which is $3,125,750 (393.5%) 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 5-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 Century 21 Miller Real Estate Ltd.
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