5131 CRIMSON KING Way, Lincoln, ON

$899,900
MLS#:X9283160
4 beds
3 baths
1500-2000 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 12, 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 982 - Beamsville. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $899,900 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 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 60.01 x 106.49 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Put down roots in this family-size home with double car garage, located in picturesque Beamsville and enjoy living close to vineyards, fruit stands and walking trails with easy proximity to the Q.E.W. and all places that make the Niagara region a special place to call home. You'll love the feeling of spaciousness as you walk through the front door into a completely renovated main floor plan with custom kitchen, granite countertops, stone flooring, gas stove, wine bar plus all other high end appliances are included. The sliding door off the kitchen open up to a large deck and backyard, with granite BBQ station, fire pit, and garden area - the yard is completely fenced so the kids and dogs can run, jump and play. There's even a cement pad for your future hot tub. Back inside, there are two family rooms on the main floor - one with a gas fireplace - that provide plenty of space for the whole family. The powder room is adjacent to convenient main floor laundry room that has extra pantry

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Property Summary

This detached home located at 5131 CRIMSON KING Way, Lincoln is currently for sale and has been available on SousaSells for 765 days. This property is listed at $899,900 with an estimated mortgage of $2,995* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 5131 CRIMSON KING Way, Lincoln is in the 982 - Beamsville neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 12, 2024
Sold price information is available to members only
Listed Date6/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFinished, Full
Lot Size60.01 × 106.49 Feet
CountyNiagara
Annual Tax$4,829.35
Legal DescriptionPCL 94-1 SEC 30M197; LT 94 PL 30M197; LINCOLN

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital, Park, Place Of Worship, School, School Bus Route

Interior Features

Other

Security Features

Community Features

Location

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5131 CRIMSON KING Way, 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 5131 CRIMSON KING Way, Lincoln, ON L3J 0J2

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Lincoln.

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Interest Rate4.00%
Down Payment$269,970 (30.0%)
* Minimum Canadian down payment required for this price is $64,990.
Amortization Period30 Years
Estimated Monthly Payment$2,995Based on a loan of $629,930 over 30 years.
Purchase Price$899,900
Loan Amount$629,930
Provincial Land Transfer Tax:$14,473
Total Estimated Closing Taxes:$14,473

About Purchasing a Home in Lincoln, ON

For a property listed at $899,900 in Lincoln, the legal minimum down payment is $64,990 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 $14,473 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 $14,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 982 - Beamsville, Lincoln.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$870,077

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.