About this home
48-50 Main Street, Erin - Prime Commercial & Residential Opportunity An exceptional investment opportunity in the heart of downtown Erin. This 4200 sqft free-standing mixed-use building offers both commercial and residential income in a highly visible and desirable location.4 Residential Units - Well-maintained, income-generating apartments Long-Standing Commercial Tenancy - A trusted business presence at street level, providing stability. Prime Downtown Location - Situated directly on Erin's Main Street, within walking distance to shops, dining, and town amenities. On-Site Parking New roof (2022), New Deck 2024, Separate meters, forced air heat and A/C With its blend of commercial and residential spaces, this property presents a strong opportunity for investors seeking reliable cash flow in a growing community. Whether you're expanding your portfolio or looking for a stable mixed-use property, 48-50 Main Street delivers both income and potential.
The home
- Type
- Commercial retail
- Square footage
- 4200 sq ft
- Lot size
- 43.9 x 86.5 ft
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Partial
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Partial
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $3,805/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- TBD
- Cross street
- Main & Charles
- Neighbourhood
- Erin
More
- MLS® number
- X12445413
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
Schools nearby
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Your commute
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Listing history for 48-50 Main Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 48-50 Main Street
Answers come straight from this home’s MLS® listing.
How much is 48-50 Main Street listed for, and what would it cost each month?
48-50 Main Street is listed for $1,899,000. With 20% down ($379,800), the mortgage payment would be roughly $7,660 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,977 a month, all in. That figure is an illustration, not a quote.
Is 48-50 Main Street freehold or a condo, and is there a monthly fee?
48-50 Main Street is a commercial retail in Erin. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 48-50 Main Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 48-50 Main Street?
48-50 Main Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 48-50 Main Street, and what is the lot size?
The lot is listed as 43.9 x 86.5 ft.
How is 48-50 Main Street heated and cooled?
Heating is gas forced air closed. Cooling is partial.
What are the property taxes for 48-50 Main Street?
Property taxes are $3,805 a year (2025), or about $317 a month.
Where is 48-50 Main Street?
48-50 Main Street is in Erin. The nearest main intersection is Main & Charles. The postal code is N0B 1T0.
Is 48-50 Main Street still for sale?
Yes. It is an active listing (MLS® X12445413). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 48-50 Main Street asking?
Similar properties for sale nearby right now include 0000 First Line at $1,990,000, 9483 Wellington rd 124 Road at $1,800,000 and 9307 Sideroad 9 Side Road at $1,799,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 48-50 Main Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 48-50 Main Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Courtesy of: RE/MAX EXPERTS
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.