9 hours on Market

45 Wellington Road 124 N/A, Erin, Ontario N0B 1T0

Detached
6
3
~2500-3000 sqft
$1,049,000
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Detached
6
3
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$384/sqft

Est. Mortgage$4,505/mo

Tax Amount (2025)$4,847/yr

Days On Market9 hours


Description

It's time to invest in your future & add to your portfolio! You choose what works best for you at this turn key property with 3 separate above grade apartments. Use as a multi generational family property OR live in one & keep 2 apartments rented to pay your mortgage OR just keep all 3 rented out for a total of $5,385/mo! Lots of potential in this Low maintenance, income generating property in a growing, charming town..Within an hour to GTA! Each separate home has a kitchen, 2 bedrooms, 1 bathroom, private entrance, bright living rooms, outdoor patio areas AND 2+ designated parking spots (8+ total parking). Updated, detached bungalow operates on its own separate hydro meter, electrical panel, natural gas furnace, hot water tank, septic system & laundry. S/steel stove 2024, fridge & microrange'18, Granite countertops & breakfast bar complimented w/ barn board in the upgraded kitchen. Plus a Workshop in the basement too! Bungalow Roof 2017, Gas BBQ line'17, Bungalow Bedrm 2 Flooring '18- Carpet free. The 2nd Detached house on the property is a 2 storey w/ 2 separate apartments. Heat pump for AC & back up heat 2024. Flooring in main floor living & bedrms'21, Laundry Rm Exterior Door & flooring'20, Septic tanks last pumped Jan 2025. BONUS property up the hill w/ Gorgeous sunset views by the fire pit & mature trees bordering the lot. Walk to shops, restaurants & forest trails. Property highlights: 2 detached houses, 3 kitchens, 2 natural gas furnaces, 2 separate electrical panels, 2 separate hydro meters, well, UV system'17, 2 separate septic systems, 2 hot water tanks (1 owned, 1 rented), 1 heat pump. All appliances AS IS. All measurements to be verified by buyer/agent. Zoning: R1-105 "Existing Single Detached Dwelling And A Duplex Dwelling On One Lot." Listing agent Kari Clark is also the Seller, Disclosure attach. Pls 30 hours notice for showings to arrange w/ 3 tenants. Pl Book through IPRO REALTY. Diane Boyd IPRO Realty LTD. 416-418-4145 Office: 905-454-1100.


Property Details

Style2-Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size19,918 SqFt(181.08 x 110)
Parking Spaces8
MLS ®NumberX12138389
Community NameErin
Data SourceTRREB
Listing byThe Agency

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Unfinished

Features

Lot size: 19,918 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property History

May 10, 2025
ListedActive
$1,049,000
9 hours on market
history photo preview28
Listing by trreb®
Property listed by The Agency, Brokerage

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Market Data - Erin

Geo Zone Map ThumbnailErin

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

36 days

Compared to

2024

30 days

2023

37 days

2022

17 days

New Listings

Past 30 days

48 listings

Compared to

2024

60 listings

2023

42 listings

2022

30 listings

Units sold

Past 30 days

9 units

Compared to

2024

12 units

2023

23 units

2022

6 units

Median Sold Price

Past 30 days

$1,400,000

Compared to

2024

$810,000

2023

$1,290,000

2022

$1,347,500


Population and Demographics

Overview

Total population 11445
Average household income $163,486

Age (%)

50 to 64
27%
0 to 19
21%
35 to 49
19%
65 and plus
18%
20 to 34
16%

Household composition (%)

Single family
78%
Single person
17%
Multi person
3%
Multi family
2%

Mother tongue (%)

English
90%
Others
5%
Polish
2%
Portuguese
2%
French
1%

House tenancy (%)

Owners
90%
Renters
10%

Schools and amenities

Estimated Budget