325 West Street, West Lincoln, ON

$500,900
MLS#:X11885944
3 beds
2 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 29, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 057 - Smithville. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $500,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 151.56 x 159.06 ft lot
  • Features a separate entrance, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • Efficient radiant heating via gas

Description

Attention Investors! This home is a rare find in the Smithville area, offering incredible potential for those with a vision. Sitting on a spacious lot in the heart of Smithville, this property provides the perfect canvas for your renovation dreams. Whether you're looking to flip, rent, or create your own masterpiece, this property is full of possibilities! Featuring 3 bedrooms, 1 full bath, and 1 powder room, this house has the structure you need to build something exceptional. The unfinished basement presents an excellent opportunity to add more living space, a recreation room, or even a separate suite. The expansive lot provides ample space for outdoor living & large garden. Don't miss this incredible opportunity to bring this home to its full potential. This property is being sold as-is, where-is, and the seller makes no warranties regarding the condition of the property.

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Property Summary

This detached home located at 325 West Street, West Lincoln is currently for sale and has been available on SousaSells for 586 days. This property is listed at $500,900 with an estimated mortgage of $1,667* per month. It has 3 beds, 2 bathrooms, and is 2000-2500 square feet. 325 West Street, West Lincoln is in the 057 - Smithville neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 29, 2024
Sold price information is available to members only
Listed Date12/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Aluminum Siding
BasementSeparate Entrance, Unfinished
Lot Size151.56 × 159.06 Feet
CountyNiagara
Annual Tax$3,715.4
Legal DescriptionPCL 4-1 SEC M95; LT 4 M95 AS CONFIRMED BY PL 30BA1692, PLAN M95 IS NOT A PLAN OF SUBDIVISION WITHIN THE MEANING OF THE PLANNING ACT; WEST LINCOLN

Parking & Garage

Parking Total4.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingNone

Features

Property Features

Hospital, Library, Place Of Worship, Public Transit, School, Wooded/Treed

Interior Features

None

Security Features

Community Features

Location

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325 West Street, West 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 325 West Street, West Lincoln, ON L0R 2A0

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 West Lincoln.

Configure Loan Settings

Interest Rate4.00%
Down Payment$150,270 (30.0%)
* Minimum Canadian down payment required for this price is $25,090.
Amortization Period30 Years
Estimated Monthly Payment$1,667Based on a loan of $350,630 over 30 years.
Purchase Price$500,900
Loan Amount$350,630
Provincial Land Transfer Tax:$6,493
Total Estimated Closing Taxes:$6,493

About Purchasing a Home in West Lincoln, ON

For a property listed at $500,900 in West Lincoln, the legal minimum down payment is $25,090 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 $6,493 for this transaction. As this listing is in West Lincoln (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,493.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 057 - Smithville, West Lincoln.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$842,566

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

No secondary schools data loaded.

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.