3297 Tallman Drive, Lincoln, ON
Property Highlights
Welcome to this remarkable 2-Storey vacant land located in the coveted neighborhood of 980 - Lincoln-Jordan/Vineland. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $5,250,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 4 Bathrooms
- Generous living space spanning 3000-3500 sqft on a premium 775 x 654 ft lot
- Features a full, finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Central Vacuum, Generator - Partial
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Prime development/investment opportunity and one of the last development sites in the Vineland/Jordan area. Approximately 2.3 acres with R2 zoning for single family/semi detached homes. All city services at the road. Balance 11.3 acres of land are zoned agricultural with a custom, quality built, 3190 square foot brick and stone home in 2006. Located on a quiet dead end street. Attached garage. Inground pool. Ideal for high end rental income or owner occupancy while developing a sound investment. Phenomenal opportunity for developers, builders, or investors looking to capitalize in this sought after area with convenient access to the QEW - Toronto and US Bound, Lake Ontario, Bruce Trail, new hospitals, etc. in Niagara's wine country. Walk to all amenities from banking to groceries, churches to schools. With urban expansion, the future may also see the present Agri lands turn into development. Options are endless with this versatile parcel of land. A sound, lucrative acquisition for your land banking portfolio.
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Property Summary
This vacant land located at 3297 Tallman Drive, Lincoln is currently for sale and has been available on SousaSells for 3 days. This property is listed at $5,250,000 with an estimated mortgage of $17,475* per month. It has 4 beds, 4 bathrooms, and is 3000-3500 square feet. 3297 Tallman Drive, Lincoln is in the 980 - Lincoln-Jordan/Vineland neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Golf, Hospital, Library, Marina, Place Of Worship, School
Interior Features
Auto Garage Door Remote, Central Vacuum, Generator - Partial, Guest Accommodations, In-Law Capability, Primary Bedroom - Main Floor, Water Heater Owned, Sump Pump, Sewage Pump, Solar Owned, Storage, Ventilation System
Security Features
Alarm System, Carbon Monoxide Detectors, Other
Community Features
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Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3297 Tallman Drive, Lincoln, ON L0R 2C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Lincoln, ON
For a property listed at $5,250,000 in Lincoln, the legal minimum down payment is $1,050,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $117,725 for this transaction. As this listing is in Lincoln (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $117,725.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.