For saleMLS® X12852582

5414 Second Line, Erin, ON N1H 6H7

Rural Erin, Erin · Near Hwy 124 & Hwy 125 · View map

$3,850,000
7.99Sq ft
LandType
NoneParking
$2,500/yrTaxes
$3,850,000
FreeholdNo monthly condo fee

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.

The home

Type
Land
Square footage
7.99 sq ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Garage & parking

Total parking
None

Taxes & other

Property taxes
$2,500/yr
Tax year
2025
Occupancy
Vacant
Possession
Flexible
Cross street
Hwy 124 & Hwy 125
Neighbourhood
Rural Erin

More

MLS® number
X12852582

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$15,738per month, all in
  • Mortgage
  • Property tax

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.

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    5414 Second Line, Erin, ON N1H 6H7

    Rural Erin, Erin · Near Hwy 124 & Hwy 125

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    Sold history

    Listing history for 5414 Second Line

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 5414 Second Line

    Answers come straight from this home’s MLS® listing.

    How much is 5414 Second Line listed for, and what would it cost each month?

    5414 Second Line is listed for $3,850,000. With 20% down ($770,000), the mortgage payment would be roughly $15,530 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $15,738 a month, all in. That figure is an illustration, not a quote.

    Is 5414 Second Line freehold or a condo, and is there a monthly fee?

    5414 Second Line is a land in Rural Erin, 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 5414 Second Line 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 5414 Second Line?

    5414 Second Line is a land. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    What are the property taxes for 5414 Second Line?

    Property taxes are $2,500 a year (2025), or about $208 a month.

    Where is 5414 Second Line?

    5414 Second Line is in the Rural Erin community of Erin. The nearest main intersection is Hwy 124 & Hwy 125. The postal code is N1H 6H7.

    Is 5414 Second Line still for sale?

    Yes. It is an active listing (MLS® X12852582). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 5414 Second Line asking?

    Similar properties for sale nearby right now include 5414 Second Line at $3,850,000, 6122 Ninth Line at $3,750,000 and 9716 Wellington 42 Road at $3,999,900. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 5414 Second Line 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 5414 Second Line?

    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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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