Welcome to this remarkable commercial retail located in the coveted neighborhood of Erin. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,899,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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This commercial retail located at 48-50 Main Street, Erin is currently for sale and has been available on SousaSells for 334 days. This property is listed at $1,899,000 with an estimated mortgage of $6,321* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 48-50 Main Street, Erin is in the Erin neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Erin, Erin.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 48-50 Main Street, Erin, ON in Erin, Erin is $1,899,000.
This property features null bedrooms and null bathrooms.
48-50 Main Street, Erin, ON is a Commercial Retail () featuring a basement.
Security features include: Partial .
Heating is provided via standard central heat and cooling via Partial.
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Pickering City Centre, Pickering
22 assaults (115.8/100k)
14 B&E (73.7/100k)
24 thefts (126.3/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 48-50 Main Street, Erin, ON N0B 1T0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Erin.
About Purchasing a Home in Erin, ON
For a property listed at $1,899,000 in Erin, the legal minimum down payment is $379,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $34,455 for this transaction. As this listing is in Erin (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $34,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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