5600 Yonge Street, Lincoln, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 983 - Escarpment. Expertly crafted featuring premium board & batten and concrete poured construction, this residence presents an exceptional opportunity offered at $1,250,000 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 with 2 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 760.31 x 1261.71 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Central Vacuum, In-Law Capability, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Discover the perfect blend of peaceful country living and modern comfort on this exceptional27-acre residential/agricultural property, ideally located just minutes from Smithville. Built in 2013, this well-maintained 4-bedroom, 3-bathroom home offers a spacious, functional layout designed for everyday living and entertaining. Filled with natural light, the home provides warm, inviting living spaces, including the added charm and comfort of a cozy wood stove, perfect for relaxing on cooler evenings. The fully finished basement with a separate entrance offers outstanding flexibility for extended family, guests, or additional living space. Outside, you'll enjoy beautifully maintained gardens, a picturesque pond, and a peaceful creek at the rear of the property, creating your own private country retreat. The productive farmland is currently rented, providing added value and potential income while maintaining the property's rural appeal. Whether you're searching for a country estate, hobby farm, or simply room to grow and enjoy the outdoors, this unique property offers endless possibilities. Experience the privacy and serenity of rural living while remaining just a short drive from the amenities of Smithville and surrounding communities.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Lake/Pond, School
Interior Features
Central Vacuum, In-Law Capability, In-Law Suite
Security Features
Community Features
Location
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 5600 Yonge Street, Lincoln, ON L0R 2A0
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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 $1,250,000 in Lincoln, the legal minimum down payment is $250,000 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 $21,475 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 $21,475.
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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.