5025 ALBERT Street, Lincoln, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 982 - Beamsville. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $515,000 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 premium 30 x 71.68 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: None
- equipped with none, window unit(s) central cooling and highly efficient other heating via gas
Description
Welcome to this updated 2-bedroom, 1-bathroom home in the heart of Beamsville, offering the perfect blend of charm, comfort, and modern upgrades. The inside of the home has been renovated over the past few years, this move-in-ready property is ideal for first-time buyers, downsizers, or investors looking for a low-maintenance home in Wine Country.Inside, you'll find stylish new tile flooring in both the kitchen and bathroom, a modernized kitchen featuring updated cabinetry and contemporary fixtures, and a warm, inviting living space highlighted by a cozy gas fireplace. Most windows have been updated, allowing for plenty of natural light throughout the home.The exterior offers excellent functionality and outdoor enjoyment with durable aluminum siding, a newer Trex back deck completed approximately 2 years ago, and a spacious 10x12 shed also added within the last couple of years for additional storage. The home sits on a block foundation with a crawl space and features an on-demand hot water system for added efficiency. The roof is approximately 10 years old.Additional highlights include parking for 3 vehicles with a shared driveway arrangement and a convenient location close to wineries, amenities, parks, and highway access.A fantastic opportunity to own a thoughtfully renovated home in one of Niagara's most desirable communities.
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Pricing & Value Insights
Data-driven valuation for 5025 ALBERT Street, Lincoln, ON L2M 6C1
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About Purchasing a Home in Lincoln, ON
For a property listed at $515,000 in Lincoln, the legal minimum down payment is $26,500 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 $6,775 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 $6,775.
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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.