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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.

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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 112 days

    8863 Wellington 124 Road

    Rural Erin·Erin, ON·N1H 6H7·Near Hwy 124 & Hwy 125

      0
    • Farm
    Erin real estate›X12835774
    • 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

    Investment Land - 19.11 Acres Adjacent To Existing Residential Subdivision In The Hamlet Of Ospringe at the Intersection Of Highway 124 & 125. 3 Bedroom Farmhouse, 2200 Sq Ft Bank Barn, 7200 Sq Ft Coverall. Generate Income While Waiting On Development. The Opportunity Is Waiting For You. **EXTRAS** *Vendor Financing Available." Re-Zoning And Due Diligence The Responsibility Of The Buyer

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

    AI highlights by Zara
    • Generate Income While Waiting On Development.
    Ask Zara a follow-up
    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
    Mar 2, 2026Previously listedNew$2,995,000 —X12835780View
    Mar 2, 2026ListedCurrentFor sale$2,995,000 —X12835774This page
    Aug 5, 2025Previously listedTer$2,995,000 —X12326292View
    Aug 5, 2025Previously listedExp$2,995,000 —X12326281View
    Jul 3, 2025Previously listedTer$3,500,000 —X12263860View
    Jul 3, 2025Previously listedTer$3,500,000 —X12263870View
    Sep 10, 2024Previously listedTer$3,500,000 —X9310289View
    Sep 10, 2024Previously listedExp$3,500,000 —X9310294View
    Apr 11, 2024Previously listedTer$4,250,000 —X8227180View
    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

      3
      Heating
      Oil Hot Water
      Air conditioning
      No
      Water source
      Well
    Location & lifestyle

    Getting around, schools & the block

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

    📍 8863 Wellington 124 Road
    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
    $14,714
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $239
    0.10% 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 8863 Wellington 124 Road — 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 8863 Wellington 124 Road 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 8863 Wellington 124 Road listed for?

      8863 Wellington 124 Road is listed at $2,995,000 on the MLS® (listing X12835774). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 8863 Wellington 124 Road 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
    $2,995,000
    MLS® X12835774
    Chat Zara
  1. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,034,872
    $952,082Confidence range$1,117,662
    Asking vs estimate
    ↑↑well-above
    +$1,960,128
    (+189.4%)
    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 57 days — this one has been listed 112 days.

    Avg sold price
    $1,034,872
    Median sold
    $884,500
    Avg days on market
    57
    Recently sold
    60
    See comparable sales

    Lot & land

    1
    Zoning
    Agriculture
  2. Listing & possession

    3
    Possession
    2026-07-01T00:00:00.000-00:00
    Property style
    Agricultural
    Property class
    Farm
  3. Combined estimate
    $14,953
    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
    $14,714
    /mo
    based on the purchase price of $2,995,000
    $599,000 cash
    $2,396,000 financed
    $2,018,061 total interest
    Monthly payment$14,714/ month
    Principal54%$2,396,000
    Interest46%$2,018,061

    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 farms that just sold in Erin

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

    • 5886 Third Line
      Sold
      Sign in for price
      5886 Third Line
      Farm
    • 9247 Wellington 50 Road
      Sold
      Sign in for price
      9247 Wellington 50 Road
      Farm
    AddressBd / BaSqftSold$/sqft% of askSold
    8863 Wellington 124 RoadThis home0 / 0—$2,995,000ask———
    5886 Third Line3 / 22,000—
    9247 Wellington 50 Road4 / 42,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More farms in Erin

    Active listings within ±20% of this asking price.

    • 6128 Eighth Line
      $2,895,000
      6128 Eighth Line
      Farm
    • 4958 Wellington Rd 125
      $3,390,000
      4958 Wellington Rd 125
      Farm 4
    • 9630 Wellington Road 42
      $2,888,000
      9630 Wellington Road 42
      Farm 6 4
    • 4970 Trafalgar Road
      $2,800,000
      4970 Trafalgar Road
      Farm
    • 5192 Third Line
      $2,888,000
      5192 Third Line
      Farm 4 2
    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 ROYAL LEPAGE MEADOWTOWNE REALTY · displayed on Summitly per MLS® data-share rules

    8863 Wellington 124 Road is a farm at Erin, ON. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  8. When was 8863 Wellington 124 Road built?

    The year built for 8863 Wellington 124 Road 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 8863 Wellington 124 Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 8863 Wellington 124 Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  10. How much would the monthly mortgage be on 8863 Wellington 124 Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $2,995,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  11. Has 8863 Wellington 124 Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 8863 Wellington 124 Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  12. What neighbourhood is 8863 Wellington 124 Road in?

    8863 Wellington 124 Road 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.

  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.