4692 Lincoln Avenue, Lincoln, ON

$1,700,000
MLS#:X8431820
4 beds
4 baths
3500-5000 sqft
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on July 10, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 981 - Lincoln Lake. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,700,000 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 3500-5000 sqft on a premium 79 x 225 ft lot
  • Features a full, walk-out 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: Built-In Oven, Countertop Range, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This expansive 4,280 square foot home is set on a generous 79 x 225 ft lot, offering a tranquil environment as it backs onto farmland and green space. The home features an open-concept kitchen and family room, ideal for modern living and entertaining. It includes four spacious bedrooms and four bathrooms. The huge primary bedroom boasts two walk-in closets and a luxurious 5-piece ensuite bathroom. Numerous decks and balconies provide stunning views from every room. Two gas fireplaces add warmth and charm to the living spaces.- The second floor includes a convenient laundry room. The property includes an unfinished walk-out basement, presenting untapped potential for customization. The roof shingles were replaced in 2022. The a/c unit was replaced in June 2024. A four-car garage and additional parking accommodate up to 10 cars, providing ample space for vehicles and storage. Located in a very quiet area, the home is close to highways, and both Beamsville, and Grimsby. Proximity to schools, shopping, wineries and the Lake Ontario ensures easy access to essential amenities.This property combines spacious living areas with a serene setting, making it an ideal home for those seeking both comfort and tranquility.

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Property Summary

This detached home located at 4692 Lincoln Avenue, Lincoln is currently for sale and has been available on SousaSells for 766 days. This property is listed at $1,700,000 with an estimated mortgage of $5,659* per month. It has 4 beds, 4 bathrooms, and is 3500-5000 square feet. 4692 Lincoln Avenue, Lincoln is in the 981 - Lincoln Lake neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 10, 2024
Sold price information is available to members only
Listed Date6/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStucco (Plaster)
BasementFull, Walk-Out
Lot Size79 × 225 Feet
CountyNiagara
Annual Tax$10,119
Legal DescriptionPT LT 19 CON 1 CLINTON AS IN RO451625 T/W RO795736; LINCOLN

Parking & Garage

Parking Total10.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Level, Greenbelt/Conservation

Interior Features

Built-In Oven, Countertop Range, Storage, Storage Area Lockers

Security Features

Smoke Detector

Community Features

Location

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4692 Lincoln Avenue, 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 4692 Lincoln Avenue, Lincoln, ON L0R 1B3

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$510,000 (30.0%)
* Minimum Canadian down payment required for this price is $340,000.
Amortization Period30 Years
Estimated Monthly Payment$5,659Based on a loan of $1,190,000 over 30 years.
Purchase Price$1,700,000
Loan Amount$1,190,000
Provincial Land Transfer Tax:$30,475
Total Estimated Closing Taxes:$30,475

About Purchasing a Home in Lincoln, ON

For a property listed at $1,700,000 in Lincoln, the legal minimum down payment is $340,000 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 $30,475 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 $30,475.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 981 - Lincoln Lake, Lincoln.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$2,568,109

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

West Niagara Secondary
Public5699 King Street, Beamsville, Ontario, L3M 5N9
7.2

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.