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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 183 days

    5020 First Line

    Rural Erin·Erin, ON·N0B 2K0·Near Highway 25 to Wellington Rd 50 to 1st Line

    • 3 beds
    Erin real estate›X12215862
    • 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

    Custom-Built Luxury Bungalow on 2.4 Private Acres with Escarpment Views. Welcome to this one-of-a-kind custom-built bungalow offering 3,400 sq. ft. of refined main floor living space, perfectly nestled on 2.4 acres of serene countryside. With panoramic views of the escarpment and set well back from the road, this residence offers exceptional privacy while being just 20 minutes from the 401. Designed with luxury and functionality in mind, the home boasts soaring ceilings and oversized windows, creating an expansive, airy ambiance throughout allowing the natural landscape in and flooding the home with light. The main level features a seamless open-concept layout anchored by a great room and primary bedroom with oversized sliding doors opening to an extended outdoor living space with a two sided fire place, hot tub, and an abundance of entertaining space. The heart of the home is a chefs dream kitchen outfitted with top-tier Wolf, SubZero, and Cove appliances, complemented by a stylish servery just off the formal dining room. Retreat to the spacious primary suite, a true sanctuary offering an oversized spa-inspired ensuite complete with heated floors, a large walk-in shower, water closet, luxurious soaker tub, dual sinks with an extended vanity, and a generously sized walk-in closet. Two additional bedrooms on the main floor each enjoy their own private ensuites. Downstairs, the wow factor continues. The 10-foot ceilings and expansive windows make the finished basement feel anything but below grade. Designed for versatility, the lower level includes a full gym, sauna, and a private entry from the oversized 3-car garage making it perfect for an in-law suite. This separate living space features a bedroom, full bath, and kitchenette with a fridge, sink, and microwave. Every detail has been thoughtfully considered. Truly, this is a rare opportunity to own a stunning estate home where luxury, privacy, and convenience converge.

    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
    Jun 24, 2026Previously listedNew$3,800,000 —X13484642View
    Mar 25, 2026Previously listedExp$3,775,000 —X12921082View
    Feb 9, 2026Previously listedTer$3,999,900 —X12771644View
    Jun 12, 2025ListedCurrentFor sale$4,250,000 —X12215862This page
    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
      3
      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.

    📍 5020 First Line
    What's nearby

    Points of interest classified by the MLS® feed.

    • Greenbelt/Conservation
    • Rolling
    • School Bus Route
    • Tiled/Drainage
    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
    $20,879
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1,000
    0.28% 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
      $1,016,648
      Last 30 days
    • Median sold price
      $850,000
      Middle of the market
    • Days on market
      58 d
      Avg from list to close
    • Closed last 30d
      63
      MLS® transactions
    Full Erin market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 5020 First 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 5020 First 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 5020 First Line listed for?

      5020 First Line is listed at $4,250,000 on the MLS® (listing X12215862). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 5020 First 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
    $4,250,000
    $0 / sqft · MLS® X12215862
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,016,648
    $935,316Confidence range$1,097,980
    Asking vs estimate
    ↑↑well-above
    +$3,233,352
    (+318.0%)
    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 58 days — this one has been listed 183 days.

    Avg sold price
    $1,016,648
    Median sold
    $850,000
    Avg days on market
    58
    Recently sold
    63
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Custom-Built Luxury Bungalow on 2.4 Private Acres with Escarpment Views.
    • Welcome to this one-of-a-kind custom-built bungalow offering 3,400 sq. ft. of refined main floor living space, perfectly nestled on 2.4 acres of serene countryside.
    • The 10-foot ceilings and expansive windows make the finished basement feel anything but below grade.
    • This separate living space features a bedroom, full bath, and kitchenette with a fridge, sink, and microwave.
    Ask Zara a follow-up
    Well
    Sewer
    Septic
  7. Parking & garage

    3
    Garage
    Attached
    Garage spaces
    3
    Parking spaces
    18
  8. Interior

    5
    Basement
    Full, Finished
    Family room
    Y
    Kitchens
    1
    Total rooms
    17
    Laundry level
    Main Level
  9. Exterior & construction

    5
    Exterior
    Stone, Wood
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    View
    Hills, Panoramic, Trees/Woods, Park/Greenbelt
    Pool
    None
  10. Lot & land

    1
    Year built
    0-5
  11. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Bungalow
    Property class
    Detached
  12. Room-by-room · 3 rooms

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

    Room dimensions

    Main level

    3 rooms
    • Bathroom
      3 Pc Ensuite
      7.5 × 6.6 ft
    • Bathroom
      3 Pc Ensuite
      7.5 × 8.4 ft
    • Bathroom
      5 Pc Ensuite
      15.0 × 14.6 ft
  13. Wooded/Treed
  14. Combined estimate
    $21,879
    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
    $20,879
    /mo
    based on the purchase price of $4,250,000
    $850,000 cash
    $3,400,000 financed
    $2,863,692 total interest
    Monthly payment$20,879/ month
    Principal54%$3,400,000
    Interest46%$2,863,692

    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.

    • 23 Main Street
      Sold
      Sign in for price
      23 Main Street
      Detached
    • 26 Main Street
      Sold
      Sign in for price
      26 Main Street
      Detached
    • 11 Ellen Crescent
      Sold
      Sign in for price
      11 Ellen Crescent
      Detached
    • 86 Waterford Drive
      Sold
      Sign in for price
      86 Waterford Drive
      Detached
    • 4962 Third Line
      Sold
      Sign in for price
      4962 Third Line
      Detached
    • 5041 Third Line
      Sold
      Sign in for price
      5041 Third Line
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    5020 First LineThis home3 / 530,003,500$4,250,000ask———
    23 Main Street2 / 1700—
    26 Main Street3 / 21,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Erin

    Active listings within ±20% of this asking price.

    • 5020 First Line
      $3,800,000
      5020 First Line
      Detached 3 6
    • 9275 Wellington Rd 50
      $3,749,000
      9275 Wellington Rd 50
      Detached 3 5
    • 5008 Ninth Line
      $3,495,000
      5008 Ninth Line
      Detached 4 3
    • 9255 Side Road 27
      $3,890,000
      9255 Side Road 27
      Detached 6 7
    • 6089 First Line
      $4,999,000
      6089 First Line
      Detached 4 6
    • 5228 First Line
      $4,399,999
      5228 First Line
      Detached 4 5
    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.

  15. One team, no handoffs

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

  16. Showings on YOUR schedule

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

  17. Mortgage that closes

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

  18. Public listing courtesy of Royal LePage Royal City Realty · displayed on Summitly per MLS® data-share rules

    5020 First Line is a 3-bedroom, 5-bath, 3000-3500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. When was 5020 First Line built?

    5020 First Line was built in 0-5. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  20. What is the property tax for 5020 First Line?

    The 'Property tax' tab in the History section shows the most recent annual tax for 5020 First Line plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  21. How much would the monthly mortgage be on 5020 First Line?

    The affordability calculator on this page shows an estimated monthly mortgage for $4,250,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  22. Has 5020 First Line been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 5020 First Line with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  23. What neighbourhood is 5020 First Line in?

    5020 First 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.

  24. 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.

  25. 11 Ellen Crescent
    3 / 2
    1,100
    —
    86 Waterford Drive2 / 41,500—
    4962 Third Line3 / 32,500—
    5041 Third Line3 / 42,000—