$3,850,000
Est. payment $17,047/moCalculate yours
5414 Second Line, Erin, ON N1H 6H7
Rural Erin, Erin, ON N1H 6H7
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
Estimated mortgage payment
$17,047 per month
- Principal and interest
- $17,047
- Property tax
- $208
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $852,725
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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