3937 Rainbow Lane, Lincoln, ON
Property no longer active
This property was sold on April 29, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow 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 $579,900 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 700-1100 sqft on a spacious lot (Feet)
- Features a finished, full 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: Sump Pump, Air Exchanger, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome home to Rainbow Lane and this appealing 2+1-bedroom, 3 - bathroom bungalow with finished basement and attached garage tucked away in the prestigious gated neighbourhood of Cherry Hill, a land lease retirement community in the heart of Niagara's wine country. The sunny main floor reveals a spacious open concept with hand-scraped hardwood flooring, a well-appointed kitchen complete with island and breakfast bar plus all stainless-steel appliances are included. Sliding patio doors off the dining room lead to a cozy covered deck with gas line for BBQ and the yard features an underground sprinkler system. The primary bedroom is roomy and airy with large walk-in closet and ensuite with shower. The second bedroom is perfect for guests or makes a wonderful tv/hobby room and handy second bathroom has both tub and shower. Main floor mudroom offers convenient laundry room that comes complete with both washer and dryer and has direct access to the garage. Fully finished lower-level highlights a comfortable family room with fireplace, guest bedroom plus an additional bathroom with shower. You'll also find plenty of closet and storage space on this level. Within the neighbourhood is extra visitor parking, walk ways and parkettes and you'll enjoy unlimited access to the Clubhouse with organized activities, patio with BBQs, outdoor heated saltwater pool, billiards/games room, library, fitness centre and more! At Cherry Hill you'll find a well-maintained, secure/gated community, lower property taxes and upfront costs without sacrificing space or comfort while enjoying a stress-free lifestyle in a sought-after location. Come visit Rainbow Lane and this lovely neighbourhood today!
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Property Summary
This detached home located at 3937 Rainbow Lane, Lincoln is currently for sale and has been available on SousaSells for 486 days. This property is listed at $579,900 with an estimated mortgage of $1,930* per month. It has 3 beds, 3 bathrooms, and is 700-1100 square feet. 3937 Rainbow 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Golf, Hospital, Library, Park, Place Of Worship, Rec./Commun.Centre
Interior Features
Sump Pump, Air Exchanger, Primary Bedroom - Main Floor, Storage, Auto Garage Door Remote, Guest Accommodations
Security Features
Other, Carbon Monoxide Detectors, Smoke Detector
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 3937 Rainbow Lane, 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 $579,900 in Lincoln, the legal minimum down payment is $32,990 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 $8,073 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 $8,073.
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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.