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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 15 days

    185 Main Street

    ·Erin, ON··

      0
    • Vacant Land
    Erin real estate›X13558268
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Shovel-Ready residential development opportunity in the Heart of Erin. An exceptional opportunity to acquire a fully approved 2.5 acre residential infill development in one of Ontario's fastest-growing communities. Kensington Estates is 70-unit stacked back-to-back townhouse project with municipal approvals and development credits in place, allowing a purchaser to move directly toward construction. The thoughtfully designed community features four street frontages on Main Street, English Street, Daniel Street and Scotch Street providing excellent visibility access and architectural flexibility. The approved concept includes spacious slab-on-grade townhomes ranging from approximately 1,500 to 1,800 square feet. Slab construction eliminates basement excavation, helping reduce construction timelines and costs while providing highly desirable layouts with oversized garages. Twenty-seven residences have been designed with private elevators, creating a unique product that appeals to downsizers, professionals, families and buyers seeking accessible living. The site is level, cleared and secured, with full municipal services coming soon. Located within walking distance of downtown Erin's Shops, restaurants parks, trails, schools, new library and community amenities, the development offers the lifestyle today's buyers are seeking while remaining within community distance of the GTA via nearby GO Transit connections. Surrounded by established residential neighborhoods and directly across from the Erin agricultural Society grounds, Kensington Estates is ideally positioned to meet the growing demand for quality housing in this thriving community. With very few comparable shovel-ready development opportunities available in the region, this is a rare chance for builders and investors to capitalize on a approved project and accelerate their development timeline.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 13, 2026ListedCurrentFor sale$8,000,000 —X13558268This page
    Nov 17, 2025Previously listedTer$9,000,000 —X12552932View
    Aug 13, 2025Previously listedExp$1 —X12341489View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Water source
      None
      Sewer
      None
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 185 Main Street
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $39,302
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $774
    0.12% mill rate · ON
    The market

    How this home sits in the Erin market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Erin market right now

    Average sold price, days on market, and closed-transaction count for Erin — sourced from MLS®.

    • Avg sold price
      $1,056,343
      Last 30 days
    • Median sold price
      $847,450
      Middle of the market
    • Days on market
      58 d
      Avg from list to close
    • Closed last 30d
      52
      MLS® transactions
    Full Erin market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 185 Main Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 185 Main Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 185 Main Street listed for?

      185 Main Street is listed at $8,000,000 on the MLS® (listing X13558268). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 185 Main Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

    Asking
    $8,000,000
    MLS® X13558268
    Chat Zara
    185 Main Street — photo 3
  1. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,056,343
    $971,836Confidence range$1,140,850
    Asking vs estimate
    ↑↑well-above
    +$6,943,657
    (+657.3%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Erin sell in about 58 days — this one has been listed 15 days.

    Avg sold price
    $1,056,343
    Median sold
    $847,450
    Avg days on market
    58
    Recently sold
    52
    See comparable sales
    AI highlights by Zara
    • Shovel-Ready residential development opportunity in the Heart of Erin.
    • The approved concept includes spacious slab-on-grade townhomes ranging from approximately 1,500 to 1,800 square feet.
    • Slab construction eliminates basement excavation, helping reduce construction timelines and costs while providing highly desirable layouts with oversized garages.
    • The site is level, cleared and secured, with full municipal services coming soon.
    Ask Zara a follow-up

    Lot & land

    1
    Zoning
    Residential land development
  2. Listing & possession

    3
    Occupancy
    TBD
    Property style
    Designated
    Property class
    Vacant Land
  3. Combined estimate
    $40,076
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $39,302
    /mo
    based on the purchase price of $8,000,000
    $1,600,000 cash
    $6,400,000 financed
    $5,390,480 total interest
    Monthly payment$39,302/ month
    Principal54%$6,400,000
    Interest46%$5,390,480

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable vacant lands that just sold in Erin

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 6167 First Line
      Sold
      Sign in for price
      6167 First Line
      Vacant Land
    • 27 STEWART Drive
      Sold
      Sign in for price
      27 STEWART Drive
      Vacant Land
    • 00 10TH Line
      Sold
      Sign in for price
      00 10TH Line
      Vacant Land
    • 5163 Fourth Line
      Sold
      Sign in for price
      5163 Fourth Line
      Vacant Land
    • 9643 5 Side Road
      Sold
      Sign in for price
      9643 5 Side Road
      Vacant Land
    • 5145 Fifth Line
      Sold
      Sign in for price
      5145 Fifth Line
      Vacant Land
    AddressBd / BaSqftSold$/sqft% of askSold
    185 Main StreetThis home0 / 0—$8,000,000ask———
    6167 First Line0 / 0——
    27 STEWART Drive0 / 0——
    Sold prices are hidden under TRREB rules. to reveal them.
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  4. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  5. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  6. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  7. Public listing courtesy of RE/MAX REAL ESTATE CENTRE INC. · displayed on Summitly per MLS® data-share rules

    185 Main Street is a vacant land at Erin, ON. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  8. When was 185 Main Street built?

    The year built for 185 Main Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  9. What is the property tax for 185 Main Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 185 Main Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  10. How much would the monthly mortgage be on 185 Main Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $8,000,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  11. Has 185 Main Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 185 Main Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  12. What neighbourhood is 185 Main Street in?

    185 Main Street is in Erin, Erin. The 'Neighbourhood' section below links to the live Erin real estate hub with average sold price, days on market, and current inventory.

  13. Is Erin a good place to live?

    Erin is one of ON's actively-tracked Summitly markets. The full Erin real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  14. 00 10TH Line
    0 / 0
    —
    —
    5163 Fourth Line0 / 0700—
    9643 5 Side Road0 / 0700—
    5145 Fifth Line0 / 0700—