8863 Wellington 124 Road
Erin, ON
3 bed • 2 bath • approx. 1500-2000 sqft • Detached • 173 days on market
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.
Listing Details
- Taxes (2025)
- $2,874
- Listed
- March 2, 2026
Price History
Listing history
Sign in to view
Property
- Style
- 1 1/2 Storey
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- Sump Pump, Water Heater Owned, Water Treatment
- Lot Size
- 831 x 1113 Feet
Utilities
- Sewer
- Septic
- Heat Source
- Oil
Location & Legal
- Cross Street
- HWY 124 & HWY 125
- Parcel Number
- 711660008
- Possession
- Flexible
Commercial
- Occupancy
- Owner
Included
- Inclusions
- Water Softner, HWT, Fridge, Stove, Dishwasher, Washer, Dryer
- Exclusions
- 70 x 50 Megadome Driveshed
Community
Postal area N1H
- Population
- 42,178
- Private dwellings
- 18,802
- Median age
- 41.2
- Average household size
- 2.3
- Median household income
- $77,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Erin · last 12 months
- Median sold price
- $952,500
- Homes sold
- 180
- Median days on market
- 37
- Sale-to-list price
- 95.5%
Based on 180 recorded sales of residential freehold properties in Erin over the last 12 months.
Rooms
2-piece on Main, 4-piece on Second
Second
- Bedroom 212' x 10'3"
- Bedroom 312' x 13'9"
- Primary Bedroom13' x 12'7"
Main
- Dining Room13' x 12'
- Kitchen13'5" x 10'5"
- Living Room16' x 12'1"
Listed by
ROYAL LEPAGE MEADOWTOWNE REALTY
Location
Mortgage Calculator
$599,000
Estimated Monthly Payment
$14,714
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $14,714/mo (20% down, 5.5%)
Taxes: $239/mo · Insurance: $749/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?