3938 Rainbow Lane, Lincoln, ON
Property no longer active
This property was sold on May 7, 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 $539,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a spacious lot (Feet)
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Sump Pump, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to the wonderful gated adult lifestyle community at Cherry Hill by Parkbridge. This beautiful Merlot model bungalow is in prime location in the centre of the neighbourhood and just a short walk to the community Clubhouse. This brick bungalow with attached garage, boasts a bright welcome through the main foyer, leading into a spacious open plan living and dining area with cathedral ceilings. The updated kitchen has a walk in pantry, stainless steel appliances, and stunning tiled flooring. Two large bedrooms, and full bathroom with spacious walk in shower. For added convenience, the home also has main floor laundry. The back yard has recently had a new composite deck, which is also fully fenced, perfect for any four-legged friends, and faces west so you can enjoy afternoon and evening sun all summer long. Let your creativity run wild in the expansive basement, readily awaiting your finishing touches, ready to go with roughed-in plumbing for an additional bathroom. Enjoy unlimited access to organized activities at the Clubhouse, with exercise & fitness classes, yoga, book clubs, swimming in the outdoor heated salt-water pool, library, games room, and so much more. Not ready for condo living. This is the next best thing! Own a detached home, with all the benefits of a condominium community.. low maintenance, low property taxes, amenities, and a true community feel! Also on your doorstep you have access to the QEW, world class wineries and fine dining, along with a short drive into Jordan, Beamsville, Grimsby, St Catharines, and Niagara on the Lake!
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Property Summary
This detached home located at 3938 Rainbow Lane, Lincoln is currently for sale and has been available on SousaSells for 465 days. This property is listed at $539,000 with an estimated mortgage of $1,794* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 3938 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
Rec./Commun.Centre, Library
Interior Features
Sump Pump, Primary Bedroom - Main Floor
Security Features
Community Features
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 3938 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 $539,000 in Lincoln, the legal minimum down payment is $28,900 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 $7,255 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 $7,255.
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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.