3508 Heritage Lane, Lincoln, ON

$729,900
MLS#:X10426113
2 beds
3 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 4, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of 980 - Lincoln-Jordan/Vineland. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $729,900 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.

  • 2 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 63.91 x 64.29 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Built-In Oven, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome home to the perfect blend of comfort and elegance in this lovely bungaloft with verandah featuring 2 bedrooms, 2.5 bathrooms - thoughtfully designed with your comfort and convenience in mind. The spacious main floor highlights hardwood flooring in a combined great room of living room with gas fireplace and dining room with sliding doors to outdoor patio with pergola, perennial gardens and privacy hedge - just a wonderful space for relaxation! Inside, the heart of the home is the large kitchen with plenty of cabinetry and counterspace and includes built in appliances with main floor laundry just down the hallway. Interior door off kitchen to the garage means bringing in groceries will be a breeze plus man door at back of garage allows for easy yard access. King-size primary bedroom has room for all of your furniture with generous walk-in closet and adjoining ensuite has both tub and shower. This level also includes a two-piece powder room for your guests. Upstairs, the loft shows bright with sitting room, large bedroom, extra closet space plus bathroom with shower is ideal for visitors or as a personal getaway. The unfinished basement offers lots of potential for customization to suit your needs. As part of the Heritage Village neighbourhood, you'll enjoy exclusive access to the Clubhouse with fantastic amenities including: a heated saltwater indoor pool, full gym, pickleball, social activities - a perfect mix for those seeking a balance of relaxation and social engagement. Note that there is a monthly homeowner fee of $70.00. Close to vineyards, renowned wineries, award winning restaurants with quick access to the QEW, this location offers the best of local living, making it the ideal place to call home!

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Property Summary

This detached home located at 3508 Heritage Lane, Lincoln is currently for sale and has been available on SousaSells for 613 days. This property is listed at $729,900 with an estimated mortgage of $2,430* per month. It has 2 beds, 3 bathrooms, and is 1500-2000 square feet. 3508 Heritage Lane, 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

Bedrooms
2
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 4, 2024
Sold price information is available to members only
Listed Date11/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungaloft
ConstructionBrick
BasementFull, Unfinished
Lot Size63.91 × 64.29 Feet
CountyNiagara
Annual Tax$4,943.52
Legal DescriptionPCL 5-1, SEC 30M234 ; LT 5, PL 30M234; T/W NIAGARA N CONDOMINIUM PL NO. 61 BEING PT 3 30R5688 & PTS 1, 2, 3, 4, 6, & 8 30R6384, LINCOLN

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Greenbelt/Conservation, Hospital, Library, Place Of Worship, Rec./Commun.Centre

Interior Features

Auto Garage Door Remote, Built-In Oven, Central Vacuum, Countertop Range, Guest Accommodations, Sump Pump, Water Heater

Security Features

Community Features

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Location

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3508 Heritage Lane, Lincoln, ON
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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 3508 Heritage Lane, Lincoln, ON L0R 2C0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Lincoln.

Configure Loan Settings

Interest Rate4.00%
Down Payment$218,970 (30.0%)
* Minimum Canadian down payment required for this price is $47,990.
Amortization Period30 Years
Estimated Monthly Payment$2,430Based on a loan of $510,930 over 30 years.
Purchase Price$729,900
Loan Amount$510,930
Provincial Land Transfer Tax:$11,073
Total Estimated Closing Taxes:$11,073

About Purchasing a Home in Lincoln, ON

For a property listed at $729,900 in Lincoln, the legal minimum down payment is $47,990 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 $11,073 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 $11,073.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 980 - Lincoln-Jordan/Vineland, Lincoln.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,043,959

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

No elementary schools data loaded.

Secondary Schools

Jordan Christian
Public4171 15th Street, Lincoln, Ontario, L0R 1S0
6.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.