5058 3 Line, Erin

$1,190,555
5058 3 Line

$1,190,555

New
6d
DetachedBungalow

5058 3 Line, Erin

Total Monthly Obligation $5,725

Beds
4
Baths
3
Park
7
Sqft
1500-2000
DOM
6d
Score
15
Yield
2.9%
Cash on Cash
-11.3%
Cap Rate
2.2%
5Y IRR
6.8%
10Y IRR
7.8%
Property Type-Detached
MLS® Number-X14090354
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-160 × 273 ft
Listed on site-Oct 17, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$6,568 (2026)
Parking-6 - Built-In
Basement-Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Wood)
Brokerage-ROYAL LEPAGE CERTIFIED REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Other
Facing-West
Exterior-Brick, Metal/Steel Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-flex tab
Neighbourhood-Rural Erin
Title-Residential Freehold

No agent assigned

Magnificent private pond retreat with sandy beach & rock waterfall, and beautifully landscaped surroundings creates a setting you rarely find on a private 1-acre property. Nestled on the edge of Erin, this exceptional estate offers the perfect blend of privacy, elegance, and country living. Inside, the home features vaulted ceilings, a beautifully updated kitchen with granite countertops and centre island, and an open-concept living and dining area designed for entertaining with walkout access to an elevated deck overlooking the grounds and pond. The main floor offers three spacious bedrooms, a renovated family bathroom, and convenient laundry hookup. The fully finished lower level adds even more living space with a warm and inviting recreation area featuring an electric fireplace, bar and sink area, renovated 4-piece bathroom with glass shower, fourth bedroom, and walkout access to the mudroom and garage. The outdoor entertaining spaces truly set this property apart, including a custom-built cabana complete with wood stove, 3-piece bathroom, and both indoor and outdoor bar areas overlooking the pond. A covered front cement patio adds even more space to relax and unwind while the expansive driveway comfortably accommodates up to 6 vehicles. A rare opportunity to own your own private country oasis just minutes from town.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$952,444
Land Transfer Taxes$20,286
Legal Fees (Est.)
$
Total cash required for closing$259,897

Total Monthly Obligation

$5,725/mo
Mortgage $4,802
Monthly Loss $4,461
Principal$1,264
Interest$3,539
Property Tax$547
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.6%0
5-Year IRR
4.2%9
10-Year IRR
6.1%
Returns Index
5.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,800/yr
NOI
$20,252/yr
Net Cash Flow
-$3,115/mo
Cash Margin
-107.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.353
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
15.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5058 3 Line

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.