Gurvinder Nokwal REALTOR®
For Sale Vacant Land 227 days on market

$3,850,000

Est. payment $17,047/moCalculate yours

5414 Second Line, Erin, ON N1H 6H7

Rural Erin, Erin, ON N1H 6H7

Map

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. MLS® X12852578

About this home

Attention developers, builders, and investors! Here’s a rare opportunity to acquire 7.99 acres of prime development land in the rural hamlet of Ospringe at 5414 Second Line, Erin, Ontario, with an approved Site Plan for 13 estate lots, each with a minimum lot size of 0.5 acres, making it ideal for small builders and premium residential development. The property is fully prepared for construction, with all necessary engineering studies, grading plans, and landscaping designs complete and available for review. Buyers will be responsible for development charges for each lot and must use a tertiary septic system and either individual or communal wells. Located in the scenic rolling countryside of Erin, a vibrant and growing community northwest of the GTA, the area is known for its small-town charm, agricultural heritage, and breathtaking landscapes that attract families and commuters alike. Erin offers an excellent quality of life with access to well-regarded schools, abundant parks, trails, and outdoor recreation, and a thriving small business and cultural scene including community events like the well-known Fall Fair. The property is just minutes to Erin Village, Glen Williams, Georgetown, and major highway access, offering both rural tranquillity and urban convenience. Surrounded by existing residential estate homes and nestled within a community that values respectful growth and heritage, this location provides outstanding investment potential. The seller is motivated and serious offers will be considered; please note that property visits require a scheduled appointment. This is a high-potential, turnkey development opportunity you won’t want to miss - all documents are available for your review.

Property details

Overview

Property Type
Vacant Land
For
For Sale
Status
New

Building & Systems

Cooling
None
Water
None
Sewer
None

Lot & Parking

Lot Size
5-9.99 acres
Zoning
B-6 Hamlet Area

Financial

Property Taxes
$2,500 (2025)

Location

Neighbourhood
Rural Erin
Cross Street
Hwy 124 & Hwy 125
Direction Faces
North

Listing

MLS® Number
X12852578
Days on Market
227
Listed On
2026-03-05
Possession
Flexible
Listed By
RE/MAX REAL ESTATE CENTRE INC.

Features

Interior

  • Other

Mortgage calculator

Minimum for this price: $770,000 (20%)

Amortization, years

Estimated mortgage payment

$17,047 per month

Principal and interest
$17,047
Property tax
$208
Estimated monthly cost
$17,255

Your mortgage

Mortgage amount
$3,080,000
Mortgage insurance
Not needed
Interest over 25 years
$2,034,090

Cash to close

Down payment
$770,000
Land transfer tax
$82,725
Total, before legal fees
$852,725
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

5414 Second Line, Erin, ON N1H 6H7 Rural Erin, Erin, ON N1H 6H7
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$3,850,000 5414 Second Line, Erin, ON N1H 6H7
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