4994 North Service Road, Lincoln, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of 981 - Lincoln Lake. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $13,750,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 1605.41 x 19.85 ft lot size
Description
A rare opportunity to acquire 10.1 acres of mixed-use development land adjacent to the QEW and within the urban boundary of Lincoln. 4994 North Service Road benefits from approved ZBA and OPA permissions, with a Draft Site Plan Agreement issued for a significant mixed-use development consisting of 389 residential units across three 9-storey towers, a 90-room hotel and banquet facility, plus a 25,000 square foot commercial building.Strategically positioned between the GTA and the Niagara Region - one of Ontario's fastest-growing growth corridors - the property offers exceptional accessibility, strong regional connectivity, and proximity to established residential communities, employment nodes, wineries, and natural amenities. Immediate access to the QEW provides efficient travel throughout the Greater Golden Horseshoe and Niagara markets.The approved density and planning framework substantially reduce development timeline risk while enhancing project feasibility and overall marketability. This is a compelling opportunity for developers, institutional investors, retirement or seniors housing groups, hotel operators, and mixed-use builders seeking scale, approvals momentum, and long-term growth potential in a supply-constrained market. Please note that Rental Apartment / CMH MLI is a possibility.
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Pricing & Value Insights
Data-driven valuation for 4994 North Service Road, Lincoln, ON L0R 1B0
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About Purchasing a Home in Lincoln, ON
For a property listed at $13,750,000 in Lincoln, the legal minimum down payment is $2,750,000 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 $330,225 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 $330,225.
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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.