5680 Wellington Road 23
Rural Erin, Erin, N0B 1T0
FOR SALE
$3,650,000
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4 + 4
BEDROOMS3
BATHROOMS1 + 2
KITCHENS9 + 8
ROOMSX8110438
MLSIDContact Us
Property Description
75 acre farm located on a quiet paved road on the outskirts of downtown Erin. ~ 50 arable acres leased annually for $175/acre. The former workshop was reclad, spray foam insulated & converted to elegant living space ~11 years ago. The main level offers soaring 10' ceilings, engineered hardwood or ceramic floors & a spacious den/home office with convenient separate entrance (perfect for home based business). The open concept kitchen offers abundant cabinetry, backsplash, island & granite counters & the dining room has a walk out to a huge, private 14' X 30' BBQ deck. You won't find MDF here! All trim & doors are Poplar. There's also a 2-car garage with storage loft.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-05-24 | 2023-11-23 | 183 | $3,875,000 | - | Expired |
Extras
Bungalow has two self contained 2 bedroom units with excellent tenants willing to stay. Each unit has separate entrance, parking, laundry, hydro meter & propane tank. This house was gutted to the studs ~ 10 years ago. Septic ~6 years new. .
Property Features
Grnbelt/Conserv, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
2500-3000
Lot Size
75' x 75'
Acreage
50-99.99
Fronting
West
Taxes
$5,655 (2023)
Basement
None
Exterior
Metal/Side
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 13.45' x 16.08' | Eat-In Kitchen, Ceramic Floor, Granite Counter |
Dining | Main | 10.50' x 14.76' | Hardwood Floor, W/O To Deck |
Great Rm | Main | 15.09' x 14.50' | Hardwood Floor |
Den | Main | 15.26' x 18.37' | Hardwood Floor, W/I Closet, 3 Pc Ensuite |
2nd Br | Main | 16.08' x 10.83' | Hardwood Floor, His/Hers Closets |
3rd Br | Main | 15.85' x 11.48' | Hardwood Floor, His/Hers Closets |
4th Br | Main | 9.51' x 11.81' | Hardwood Floor, Closet |
Laundry | Main | 7.55' x 9.84' | Ceramic Floor |
Prim Bdrm | 2nd | 14.76' x 11.48' | Hardwood Floor, 4 Pc Ensuite, Closet |
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Erin Market Statistics
Erin Price Trend
5680 Wellington Road 23 is a 4-bedroom 3-bathroom home listed for sale at $3,650,000, which is $2,540,000 (228.8%) higher than the average sold price of $1,110,000 in the last 30 days (March 28 - April 26). 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 (February 27 - March 27) and down $115,500 (9.4%) from the same time one year ago.Inventory Change
There were 12 4-bedroom homes listed in Erin over the last 30 days (March 28 - April 26), which is up 100.0% compared with the previous 30 day period (February 27 - March 27) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Erin typically sold ($90,000) (8.1%) below asking price over the last 30 days (March 28 - April 26), which represents a $8,401 decrease compared to the previous 30 day period (February 27 - March 27) and ($11,500) 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 (March 28 - April 26) stood at 8.3%, down from 50.0% over the previous 30 days (February 27 - March 27) 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 3-bathroom home in Erin stood at 21 days when successfully sold over the last 30 days (March 28 - April 26), 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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