4918 Homestead Drive, Lincoln, ON
Property no longer active
This property was sold on October 30, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised semi-detached located in the coveted neighborhood of 982 - Beamsville. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $569,900 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Premium 30.01 x 132.64 ft lot size
- Features a finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Attention Renovators, Investors, First Time Buyers and more! This is your opportunity to own a raised-ranch home in Beamsville with potential to convert this property to a dual family income suite! Currently set up for single family living with a separate side entrance to the basement featuring a large recreational room, 3 piece bathroom, kitchenette and large flex space/ potential bedroom! On the main floor you'll be pleased with the spacious layout allowing for 3 bedrooms, a full bathroom, spacious kitchen, formal dining room and front living room! There's so much potential here for a growing family, multi-generational living, or for someone looking to convert the basement into an income suite. This property is perfectly situated in Beamsville, just steps from Hillary Bald Park, downtown shopping and grocery stores, all while offering quick access to the QEW, nature trails and the Bruce Trail! Come and see for yourself and you'll be SIMPLYmoved!
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Property Summary
This detached home located at 4918 Homestead Drive, Lincoln is currently for sale and has been available on SousaSells for 640 days. This property is listed at $569,900 with an estimated mortgage of $1,897* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 4918 Homestead Drive, Lincoln is in the 982 - Beamsville neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Parking & Garage
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Interior Features
Primary Bedroom - Main Floor, Carpet Free
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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 4918 Homestead Drive, Lincoln, ON L0R 1B5
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 $569,900 in Lincoln, the legal minimum down payment is $31,990 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 $7,873 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 $7,873.
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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.