Skip to content
1 / 8
For saleMLS® X13558268

185 Main Street, Erin, ON N0B 1T0

Erin · N0B 1T0

$8,000,000

$73 / sq ft

3 months on market

Interior
108,900 sf
Lot
330 × 330 ft

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

About this property

Shovel-Ready residential development opportunity in the Heart of Erin. An exceptional opportunity to acquire a fully approved 2.5 acre residential infill development in one of Ontario's fastest-growing communities. Kensington Estates is 70-unit stacked back-to-back townhouse project with municipal approvals and development credits in place, allowing a purchaser to move directly toward construction. The thoughtfully designed community features four street frontages on Main Street, English Street, Daniel Street and Scotch Street providing excellent visibility access and architectural flexibility. The approved concept includes spacious slab-on-grade townhomes ranging from approximately 1,500 to 1,800 square feet. Slab construction eliminates basement excavation, helping reduce construction timelines and costs while providing highly desirable layouts with oversized garages. Twenty-seven residences have been designed with private elevators, creating a unique product that appeals to downsizers, professionals, families and buyers seeking accessible living. The site is level, cleared and secured, with full municipal services coming soon. Located within walking distance of downtown Erin's Shops, restaurants parks, trails, schools, new library and community amenities, the development offers the lifestyle today's buyers are seeking while remaining within community distance of the GTA via nearby GO Transit connections. Surrounded by established residential neighborhoods and directly across from the Erin agricultural Society grounds, Kensington Estates is ideally positioned to meet the growing demand for quality housing in this thriving community. With very few comparable shovel-ready development opportunities available in the region, this is a rare chance for builders and investors to capitalize on a approved project and accelerate their development timeline.

Property details

Property

Property type
vacant land
Interior size
108,900 sq ft
Lot size
330 × 330 ft
Zoning
Residential land development
Possession
TBD

Costs

List price
$8,000,000
Property taxes
$9,284 / year (2026)
Price per sq ft
$73

Listing

MLS® number
X13558268
Status
For sale
Listed
July 13, 2026
Days on market
114
Last updated
July 25, 2026
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Price & sale history

This property's sale history is hidden

TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.

Unlock sale history & sold price

Free. Takes about twenty seconds.

Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 94% of comparable vacant land listings in Erin are asking less.

$705KMedian $1.79M$3.92M
This home
$73 / sq ft
Comparable median
$34 / sq ft

Based on 36 comparable active vacant land listings in Erin. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $1,600,000
$1,600,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$35,386.70
Property tax (est.)
$773.67
Estimated monthly
$36,160

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$186,475
Total due on closing
$186,475

An estimate on the asking price of $8,000,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$8,000,000

Contact Book a viewing

Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

Unlock nearby sold prices

Free. Takes about twenty seconds.