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

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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 38 days

    5583 Third Line

    Rural Erin·Erin, ON·N0B 1Z0·Near Third Line / 17 Sideroad

    • 3 beds
    Erin real estate›X13131556
    • 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 ERIN, Ontario and 5583 Third Line - a stunning custom-built country estate where craftsmanship, modern luxury, and efficiency meet. Built in 2021, this exceptional bungaloft residence was built with insulated concrete form (ICF) construction for superior energy efficiency, durability, and comfort - a true standout in today's market. The thoughtfully designed main level showcases an open-concept layout with soaring ceilings, wide-plank flooring, and abundant natural light. The gourmet kitchen features premium cabinetry, quartz countertops, a large island, and seamless flow to the dining and great room - ideal for entertaining or quiet family evenings. The main-floor primary suite offers a spa-inspired ensuite and walk-in closet, providing a luxurious retreat with views of the surrounding countryside. Upstairs, a private second-level suite includes a spacious bedroom, den, and full ensuite - perfect for guests or extended family. The fully finished lower level expands the living space with a 2-bedroom, 2-bathroom in-law suite complete with its own kitchen, living area, and walkout to the backyard. Additional lower-level highlights include a home theatre, exercise room, and ample storage. For the hobbyist or business owner, this property delivers unparalleled versatility: an attached 4-car garage with 16-foot ceilings plus a 40' x 65' detached shop, also constructed with ICF, featuring a loft for added workspace or storage. Set on a private, scenic lot in the rolling hills of Erin, this property combines rural tranquility with sophisticated living - just minutes from town amenities and an easy commute to the GTA, Guelph, and Georgetown. Built to the highest standards and designed for modern multi-generational living, 5583 Third Line is more than a home - it's a lifestyle statement.

    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
    May 14, 2026ListedCurrentFor sale$2,999,999 —X13131556This page
    Mar 27, 2025Previously listedTer$3,499,999 —X12047140View
    Mar 12, 2025Previously listedTer$3,790,000 —X12014898View
    Oct 24, 2024Previously listedTer$3,920,000 —X9509890View
    May 16, 2024Previously listedTer$3,920,000 —X8347128View
    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
      1
      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.

    📍 5583 Third Line
    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
    $14,738
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1,072
    0.43% 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
      $1,034,872
      Last 30 days
    • Median sold price
      $884,500
      Middle of the market
    • Days on market
      57 d
      Avg from list to close
    • Closed last 30d
      60
      MLS® transactions
    Full Erin market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 5583 Third 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 5583 Third 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 5583 Third Line listed for?

      5583 Third Line is listed at $2,999,999 on the MLS® (listing X13131556). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 5583 Third 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. 5 baths
  2. 3000-3500 sqft
  3. Detached
  4. Built 0-5
  5. Asking
    $2,999,999
    $0 / sqft · MLS® X13131556
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,034,872
    $952,082Confidence range$1,117,662
    Asking vs estimate
    ↑↑well-above
    +$1,965,127
    (+189.9%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Erin sell in about 57 days — this one has been listed 38 days.

    Avg sold price
    $1,034,872
    Median sold
    $884,500
    Avg days on market
    57
    Recently sold
    60
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Welcome to ERIN, Ontario and 5583 Third Line - a stunning custom-built country estate where craftsmanship, modern luxury, and efficiency meet.
    • The main-floor primary suite offers a spa-inspired ensuite and walk-in closet, providing a luxurious retreat with views of the surrounding countryside.
    • Upstairs, a private second-level suite includes a spacious bedroom, den, and full ensuite - perfect for guests or extended family.
    • The fully finished lower level expands the living space with a 2-bedroom, 2-bathroom in-law suite complete with its own kitchen, living area, and walkout to the backyard.
    Ask Zara a follow-up
    Well
    Sewer
    Septic
  7. Parking & garage

    4
    Garage
    Built-In
    Garage spaces
    4
    Parking spaces
    30
    Driveway
    Front Yard Parking
  8. Interior

    4
    Basement
    Finished, Finished with Walk-Out, Full, Separate Entrance, Walk-Out
    Family room
    Y
    Kitchens
    1
    Total rooms
    11
  9. Exterior & construction

    5
    Exterior
    Stone, Wood
    Roof
    Asphalt Shingle
    Foundation
    Insulated Concrete Form
    View
    Trees/Woods
    Pool
    None
  10. Lot & land

    1
    Year built
    0-5
  11. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    1 1/2 Storey
    Property class
    Detached
  12. Room-by-room · 16 rooms

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

    Room dimensions

    Main level

    6 rooms
    • Living Room
      fireplace · hardwood floor · w/o to deck
      31.2 × 19.4 ft
    • Kitchen
      hardwood floor · pot lights · stainless steel appl
      18.0 × 17.7 ft
    • Bedroom
      hardwood floor · walk-in closet(s)
      12.8 × 12.1 ft
    • Primary Bedroom
      5 pc ensuite · walk-in closet(s) · w/o to deck
      23.6 × 13.1 ft
    • Dining Room
      hardwood floor · pot lights · w/o to yard
      17.7 × 14.4 ft
    • Mud Room
      access to garage · w/o to yard
      12.5 × 7.5 ft

    Upper level

    2 rooms
    • Den
      hardwood floor · pot lights
      17.1 × 15.7 ft
    • Bedroom
      4 pc ensuite · hardwood floor · walk-in closet(s)
      17.7 × 16.7 ft

    Lower level

    8 rooms
    • Cold Room/Cantina
      38.7 × 8.2 ft
    • Media Room
      b/i fridge · broadloom · pot lights
      25.3 × 19.4 ft
    • Bedroom
      broadloom · pot lights · murphy bed
      16.4 × 12.8 ft
    • Exercise Room
      Pot Lights
      22.0 × 18.7 ft
    • Bedroom
      broadloom · pot lights
      12.8 × 10.5 ft
    • Family Room
      access to garage · combined w/kitchen · pot lights
      19.0 × 12.5 ft
    • Furnace Room
      13.8 × 5.6 ft
    • Kitchen
      combined w/family · pot lights · w/o to patio
      24.0 × 12.5 ft
    Combined estimate
    $15,810
    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
    $14,738
    /mo
    based on the purchase price of $2,999,999
    $600,000 cash
    $2,399,999 financed
    $2,021,429 total interest
    Monthly payment$14,738/ month
    Principal54%$2,399,999
    Interest46%$2,021,429

    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.

    • 9412 Sideroad 17
      Sold
      Sign in for price
      9412 Sideroad 17
      Detached
    • 25 Dundas Street
      Sold
      Sign in for price
      25 Dundas Street
      Detached
    • 43 Henshaw Drive
      Sold
      Sign in for price
      43 Henshaw Drive
      Detached
    • 44 Erindale Drive
      Sold
      Sign in for price
      44 Erindale Drive
      Detached
    • 130 Molozzi Street
      Sold
      Sign in for price
      130 Molozzi Street
      Detached
    • 29 Main Street
      Sold
      Sign in for price
      29 Main Street
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    5583 Third LineThis home3 / 530,003,500$2,999,999ask———
    9412 Sideroad 173 / 21,100—
    25 Dundas Street3 / 21,100—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Erin

    Active listings within ±20% of this asking price.

    • 6128 Eighth Line
      $2,895,000
      6128 Eighth Line
      Detached 3 5
    • 5008 Ninth Line
      $3,495,000
      5008 Ninth Line
      Detached 4 3
    • 9343 Wellington 22 Road
      $2,499,000
      9343 Wellington 22 Road
      Detached 4 4
    • 8837 Wellington Road 124
      $2,495,000
      8837 Wellington Road 124
      Detached 3 6
    • 32 Forest Ridge Road
      $2,699,900
      32 Forest Ridge Road
      Detached 4 5
    • 4958 Wellington Road 125
      $3,390,000
      4958 Wellington Road 125
      Detached 3 4
    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.

  13. One team, no handoffs

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

  14. Showings on YOUR schedule

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

  15. Mortgage that closes

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

  16. Public listing courtesy of Century 21 Miller Real Estate Ltd. · displayed on Summitly per MLS® data-share rules

    5583 Third Line is a 3-bedroom, 5-bath, 3000-3500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  17. When was 5583 Third Line built?

    5583 Third Line was built in 0-5. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  18. What is the property tax for 5583 Third Line?

    The 'Property tax' tab in the History section shows the most recent annual tax for 5583 Third Line plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  19. How much would the monthly mortgage be on 5583 Third Line?

    The affordability calculator on this page shows an estimated monthly mortgage for $2,999,999 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  20. Has 5583 Third Line been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 5583 Third Line with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  21. What neighbourhood is 5583 Third Line in?

    5583 Third 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.

  22. 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.

  23. 43 Henshaw Drive
    4 / 4
    2,000
    —
    44 Erindale Drive4 / 21,500—
    130 Molozzi Street4 / 42,500—
    29 Main Street2 / 11,100—