40 Acre parcel of land located on prestigious Trafalgar Road at the north boundary of Hamlet of Balinafad. Only 8 km from Georgeotown and 14 km from the Town of Erin. Fertile Secondary Agricultural Land. Guelph Loam Type 1- 70% and Guelph Loam Type 2- 30%. Perfect for land bankers, specialty crop farmers, tree or sod farms. Beautiful Balinafad with mansions on estate lots to the south. Build a dream dream residence near GTA.
works out to roughly $4,000 per square foot. Chat with Zara if you'd like a deeper read on whether this farm fits your budget and timing.
Inside 4970 Trafalgar Rd
Every detail from the listing, in one place.
Type
Farm
Style
Other
Living space
< 700 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Other
Property class
Farm
4970 Trafalgar Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X12889592$2,800,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 4970 Trafalgar Rd Compares to the Erin Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$13,756
/mo
based on the purchase price of $2,800,000
$560,000 cash
$2,240,000 financed
$1,886,668 total interest
Principal54%$2,240,000
Interest46%$1,886,668
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Erin
Other 3–4 bed homes for sale in Erin around $2.8M.
Average days on market55Homes sold in about 55 days on average.
Sale-to-list ratio94.9%On average, homes sold below asking.
Active listings173Homes for sale here right now.
Median vs prior 90 days+8.0%Compared with May 7 – Aug 5, 2026: prices up.
Based on 75 sales from Aug 5 – Nov 3, 2026 (60 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 4970 Trafalgar Rd
How much is 4970 Trafalgar Rd listed for?
4970 Trafalgar Rd is listed at $2,800,000 (MLS® X12889592). Summitly updates the price as soon as the MLS® record changes.
Is $2,800,000 a good price for 4970 Trafalgar Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Erin. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 4970 Trafalgar Rd changed?
No — 4970 Trafalgar Rd is still listed at its original asking price of $2,800,000.
How many bedrooms and bathrooms does 4970 Trafalgar Rd have?
4970 Trafalgar Rd has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a farm home in Erin.
How much would the monthly mortgage be on 4970 Trafalgar Rd?
About $13,756 a month — principal and interest on $2,800,000 with 20% down ($560,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 4970 Trafalgar Rd compare with other homes in Erin?
Its asking price of $2,800,000 is about 193% above the median sold price in Erin over the last 90 days, $955,000, across 75 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 4970 Trafalgar Rd been sold before?
Summitly has no earlier MLS® sale or lease of 4970 Trafalgar Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 4970 Trafalgar Rd?
4970 Trafalgar Rd is in Erin, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 4970 Trafalgar Rd been on the market?
233 days — 4970 Trafalgar Rd was listed on March 15, 2026.
What is the price per square foot of 4970 Trafalgar Rd?
About $4,000 per square foot: the asking price of $2,800,000 over the 700 sq ft the listing gives.
Does 4970 Trafalgar Rd have a basement, and is it finished?
The listing says 4970 Trafalgar Rd has no basement.
What is the lot size of 4970 Trafalgar Rd?
The lot is 37.495 acres, as published in the listing.