Available on mobile

Take Summitly with you.

Browse listings, get instant alerts, and talk to your AI concierge — all from your pocket.

Download on theApp StoreGet it onGoogle Play

Weekly market briefing

The smartest move starts here.

Curated listings, price trends, and neighbourhood insights — delivered Sunday morning.

Summitly

Your trusted partner in real estate. We help you find your perfect home, make informed decisions, and connect with expert professionals across Canada.

Coldwell Banker Summit Realty

Explore

Map SearchBrowse ListingsBrowse RentalsSold HomesOpen Houses

Sell & Rent

Sell Your HomeHome ValuationList Your Rental — FreeRental PricingRenting on Summitly

Resources

CalculatorsGet Pre-QualifiedNews & InsightsGuidesBlogAI ConciergeFranchise

Company

AboutContactFind a RealtorCareers — Join SummitlyFAQs
310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

Privacy PolicyTerms of UseCookiesSitemap

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.

    Summitly
    Buy
    Sell
    Rent
    Pre-con
    Meet ZaraMy HomeNews & Insights
    HomeBuySell
    For sale On market 126 days

    4987 Fourth Line

    Rural Erin·Erin, ON·L7J 2L8·Near 4th Line & Erin/Halton Townline

    • 6 beds
    Erin real estate›X12691626
    • 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

    Welcome to this stunning multi-generational country property situated on 44 acres near Acton. Enter the main house through automated electronic front entry gates. Features of the main house include nearly 5000 sq. ft. of luxury living. Maple kitchen w/ granite countertop and backsplash overlooking a large eat-in area with walk-out to large deck overlooking the pool and backyard. Thermador and Miele stainless steel appliances. Separate and formal open-concept dining room. Open-concept living room w/ cathedral ceiling and wood burning fireplace. Main floor office. Primary bedroom w/ walk-in closet 4 pc ensuite and walk-out to deck overlooking the 18 x 36 heated salt water pool w/ electric pool cover. Main floor laundry and a second laundry in the basement. Huge 9 car attached garage with access to the house and backyard. Fully finished walk-out basement set up as an in-law suite with full kitchen with granite countertop and centre island, large and bright bedroom with 3 pc semi-ensuite bath, , living , dining and games room and tons of storage. Gorgeous backyard with extensive wrought iron fencing. Multiple dining areas. 10 x 10 pool cabana. Approximate 4000 sq. ft. of stone decking with extensive landscaping and stunning gardens. 12 zone, 60 head sprinkler system for front and rear gardens. New roof 2025. 30 x 60 Gara Farm Structures barn with 6 System Fencing stalls, separate tack room and large hay storage area. 5 large oak-board paddocks with room for more and a separate driveway to the barn. Lots of room to add an indoor arena if desired. Updates include new geo-thermal furnace in 2022, new pool pump 2024, new pool heater and chimney 2023, Miele dishwasher 2024, Miele induction stove-top and wine fridge 2023. Generator for the full main house. The secondary dwelling features 3 +2 bedrooms. 2.5 baths, partially finished basement. Main floor laundry. Large eat-in kitchen. Separate septic system and drilled well. Propane furnace & central air conditioning. Built in 2018.

    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
    Jan 10, 2026ListedCurrentFor sale$3,700,000 —X12691626This page
    Sep 4, 2025Previously listedTer$4,699,900 —X12382046View
    Apr 3, 2025Previously listedTer$4,999,900 —X12061450View
    Oct 29, 2024Previously listedTer$4,999,900 —X9824040View
    Oct 29, 2024Previously listedExp$4,999,900 —X9828222View
    Jul 27, 2024Previously listedTer$4,999,900 —X9229608View
    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

      5
      Heating
      Forced Air
      Air conditioning
      Central Air
      Fireplaces
      2
      Water source
    Location & lifestyle

    Getting around, schools & the block

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

    📍 4987 Fourth Line
    What's nearby

    Points of interest classified by the MLS® feed.

    • Rec./Commun.Centre
    • School Bus Route
    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
    $18,177
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $884
    0.29% 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
      $1,042,971
      Last 30 days
    • Median sold price
      $884,500
      Middle of the market
    • Days on market
      58 d
      Avg from list to close
    • Closed last 30d
      58
      MLS® transactions
    Full Erin market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 4987 Fourth Line — 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 4987 Fourth Line 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 4987 Fourth Line listed for?

      4987 Fourth Line is listed at $3,700,000 on the MLS® (listing X12691626). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 4987 Fourth Line 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.

  1. 7 baths
  2. 3500-5000 sqft
  3. Detached
  4. Built 16-30
  5. 25-49.99 ac lot
  6. Asking
    $3,700,000
    $0 / sqft · MLS® X12691626
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,606,175
    $1,477,681Confidence range$1,734,669
    Asking vs estimate
    ↑↑well-above
    +$2,093,825
    (+130.4%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 6 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Erin sell in about 58 days — this one has been listed 126 days.

    Avg sold price
    $1,042,971
    Median sold
    $884,500
    Avg days on market
    58
    Recently sold
    58
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Maple kitchen w/ granite countertop and backsplash overlooking a large eat-in area with walk-out to large deck overlooking the pool and backyard.
    • Primary bedroom w/ walk-in closet 4 pc ensuite and walk-out to deck overlooking the 18 x 36 heated salt water pool w/ electric pool cover.
    • Huge 9 car attached garage with access to the house and backyard.
    • The secondary dwelling features 3 +2 bedrooms. 2.5 baths, partially finished basement.
    Ask Zara a follow-up
    Well
    Sewer
    Septic
  8. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    9
    Parking spaces
    17
    Driveway
    Circular Drive
  9. Interior

    5
    Basement
    Finished with Walk-Out
    Family room
    Y
    Kitchens
    2
    Total rooms
    12
    Laundry level
    Main Level
  10. Exterior & construction

    5
    Exterior
    Stone, Brick
    Roof
    Asphalt Shingle
    Foundation
    Concrete
    View
    Garden, Pasture, Pool
    Pool
    Inground
  11. Lot & land

    1
    Year built
    16-30
  12. Listing & possession

    3
    Occupancy
    60-90 Days/TBA
    Property style
    Bungalow
    Property class
    Detached
  13. Room-by-room · 11 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    7 rooms
    • Office
      hardwood floor · french doors · crown moulding
      15.9 × 11.5 ft
    • Dining Room
      hardwood floor · crown moulding · open concept
      15.1 × 12.6 ft
    • Bedroom 3
      hardwood floor · double closet
      13.3 × 12.8 ft
    • Living Room
      hardwood floor · fireplace · cathedral ceiling(s)
      15.6 × 14.9 ft
    • Primary Bedroom
      walk-in closet(s) · 4 pc ensuite · w/o to deck
      18.0 × 14.9 ft
    • Bedroom 2
      hardwood floor · double closet
      14.8 × 13.1 ft
    • Kitchen
      granite counters · centre island · eat-in kitchen
      20.1 × 19.4 ft

    Lower level

    4 rooms
    • Game Room
      hardwood floor · above grade window
      25.0 × 18.5 ft
    • Dining Room
      hardwood floor · w/o to pool · open concept
      13.1 × 11.9 ft
    • Kitchen
      centre island · granite counters · stainless steel appl
      17.4 × 15.9 ft
    • Bedroom 4
      semi ensuite · his and hers closets · above grade window
      18.7 × 13.1 ft
    Combined estimate
    $19,061
    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
    $18,177
    /mo
    based on the purchase price of $3,700,000
    $740,000 cash
    $2,960,000 financed
    $2,493,097 total interest
    Monthly payment$18,177/ month
    Principal54%$2,960,000
    Interest46%$2,493,097

    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.

    Create account & email meor send as guest
    Get pre-approved in minutes

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

    Get pre-approved

    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 detacheds that just sold in Erin

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

    • 9017 Erin-East Garafraxa Townline
      Sold
      Sign in for price
      9017 Erin-East Garafraxa Townline
      Detached
    • 4937 6th Line
      Sold
      Sign in for price
      4937 6th Line
      Detached
    • 6024 Fourth Line
      Sold
      Sign in for price
      6024 Fourth Line
      Detached
    • 39 Mill Street
      Sold
      Sign in for price
      39 Mill Street
      Detached
    • 6175 Fourth Line
      Sold
      Sign in for price
      6175 Fourth Line
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    4987 Fourth LineThis home6 / 735,005,000$3,700,000ask———
    9017 Erin-East Garafraxa Townline5 / 21,500—
    4937 6th Line5 / 83,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Erin

    Active listings within ±20% of this asking price.

    • 9255 Side Road 27
      $3,890,000
      9255 Side Road 27
      Detached 6 7
    • 8920 Wellington Rd 124
      $2,995,000
      8920 Wellington Rd 124
      Detached 5 6
    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.

  14. One team, no handoffs

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

  15. Showings on YOUR schedule

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

  16. Mortgage that closes

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

  17. Public listing courtesy of ROYAL LEPAGE RCR REALTY · displayed on Summitly per MLS® data-share rules

    4987 Fourth Line is a 6-bedroom, 7-bath, 3500-5000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was 4987 Fourth Line built?

    4987 Fourth Line was built in 16-30. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  19. What is the property tax for 4987 Fourth Line?

    The 'Property tax' tab in the History section shows the most recent annual tax for 4987 Fourth Line plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on 4987 Fourth Line?

    The affordability calculator on this page shows an estimated monthly mortgage for $3,700,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has 4987 Fourth Line been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 4987 Fourth Line with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is 4987 Fourth Line in?

    4987 Fourth Line is in Rural Erin, Erin. The 'Neighbourhood' section below links to the live Erin real estate hub with average sold price, days on market, and current inventory.

  23. 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.

  24. 6024 Fourth Line
    5 / 3
    3,000
    —
    39 Mill Street5 / 21,500—
    6175 Fourth Line6 / 33,500—