5822 2ND Line

Rural Erin, Erin, L0N 1N0
FOR SALE
$2,299,900
5822 2ND Line, Erin
5822 2ND Line
5822 2ND Line
5822 2ND Line
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5822 2ND Line
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
17 + 4
ROOMS
X10876381
MLSID
Contact Us
Property Description
Nestled down a long, tree-lined laneway, this private sanctuary spans an impressive 73 rolling acres, offering the perfect blend of natural beauty and modern conveniences. Approximately 20 acres are workable, including four hay fields ideal for agricultural use. Horse enthusiasts will appreciate the barn with seven stalls and hay storage, as well as the approximately 7 acres of horse paddocks. Additional outbuildings provide even more storage options. The 3,355 square foot home, including an addition (2010), is designed with accessibility in mind. The addition features an exterior lift, a ceiling lift from the bed to the ensuite, a roll-in shower, and a home automation system controlled by a mini iPad. This space offers flexibility and could easily be converted into an in-law suite. The home also features three additional bedrooms and bathrooms, perfect for family or guests, as well as two cozy wood-burning fireplaces one in the living room and another in the partially finished basement. The property also boasts two attached, two-car garages for ample parking and storage. For outdoor enthusiasts, a firepit and rustic cabin set back in the maple bush create the perfect retreat, though the cabin would benefit from some reconditioning. The property is conveniently located off a paved road and backs onto Grand River-owned land, ensuring privacy and natural views. Additionally, it's close to the Cataract Trail, which runs from Elora to Caledon, making it an ideal spot for outdoor adventures and exploration.
Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Acreage
50-99.99
Taxes
$11,904 (2024)
Basement
Full, Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
None
Water
Well
Parking Spaces
20
Driveway
Other
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain19.75' x 12.40'
DiningMain11.42' x 12.83'
KitchenMain15.42' x 12.34'
PantryMain6.00' x 10.93'
FamilyMain14.07' x 16.34'
Prim BdrmMain20.34' x 17.32'W/I Closet
SunroomMain9.91' x 7.41'
MudroomMain16.01' x 11.15'
Prim Bdrm2nd17.75' x 13.75'
Br2nd16.93' x 13.75'
Br2nd10.76' x 10.83'
RecBsmt27.00' x 24.25'
Erin Market Statistics
Erin Price Trend
5822 2ND Line is a 4-bedroom 2-bathroom home listed for sale at $2,299,900, which is $1,246,428 (118.3%) higher than the average sold price of $1,053,472 in the last 30 days (December 5 - January 3). During the last 30 days the average sold price for a 4 bedroom home in Erin declined by $642,694 (37.9%) compared to the previous 30 day period (November 5 - December 4) and down $156,528 (12.9%) from the same time one year ago.
Inventory Change
There were 9 4-bedroom homes listed in Erin over the last 30 days (December 5 - January 3), which is down 55.0% compared with the previous 30 day period (November 5 - December 4) and up compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Erin typically sold ($31,100) (3.0%) below asking price over the last 30 days (December 5 - January 3), which represents a $54,050 increase compared to the previous 30 day period (November 5 - December 4) and ($75,000) 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 4-bedroom homes in Erin over the last 30 days (December 5 - January 3) stood at 400.0%, up from 30.0% over the previous 30 days (November 5 - December 4) and down from one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Erin stood at 34 days when successfully sold over the last 30 days (December 5 - January 3), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Royal City Realty, Brokerage
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