$5,250,000

For sale

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3297 Tallman Drive, Lincoln (Lincoln-Jordan/Vineland) - Vacant Land for Sale

3297 Tallman Drive, Lincoln (Lincoln-Jordan/Vineland), Ontario, L0R2C0

4 beds4 baths10 parking775 × 654 ft (11.63 acres) lotListed 117 days ago

Overview

This lot in Lincoln is for sale.

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Description

Prime development/investment opportunity and one of the last development sites in the Vineland/Jordan area. Approximately 2.3 acres with R2 zoning for single family/semi detached homes. All city services at the road. Balance 11.3 acres of land are zoned agricultural with a custom, quality built, 3190 square foot brick and stone home in 2006. Located on a quiet dead end street. Attached garage. Inground pool. Ideal for high end rental income or owner occupancy while developing a sound investment. Phenomenal opportunity for developers, builders, or investors looking to capitalize in this sought after area with convenient access to the QEW - Toronto and US Bound, Lake Ontario, Bruce Trail, new hospitals, etc. in Niagara's wine country. Walk to all amenities from banking to groceries, churches to schools. With urban expansion, the future may also see the present Agri lands turn into development. Options are endless with this versatile parcel of land. A sound, lucrative acquisition for your land banking portfolio. (id:66096)

Property Details

MLS®: X13547878
Property Type: Vacant Land
Zoning: R2/A
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 10
Lot Size: 775 × 654 ft (11.63 acres)
Frontage: 775 ft
Storeys: 2
Basement: Finished, Full, Walk-up, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Ventilation system
Garage: Attached Garage, Garage
Fireplace: Yes
Pool: Yes

Rooms

Main level

Foyer: 3.35 x 2.88 meters
Living room: 6.59 x 5.2 meters
Dining room: 3.94 x 3.85 meters
Kitchen: 3.94 x 3.85 meters
Eating area: 4.08 x 2.2 meters
Bedroom: 6.62 x 4.57 meters
Bathroom: 4.24 x 3.84 meters
Laundry room: 4.21 x 2.32 meters
Bathroom: 2.12 x 1.94 meters

Second level

Bedroom: 4.3 x 4 meters

Features

Appliances: Central Vacuum, Garage door opener remote(s), Water Heater
Foundation: Concrete, Poured Concrete
Exterior: Brick, Stone
Lot Features: Irregular lot size, Flat site, Lighting, Dry, Level, Guest Suite, Sump Pump, Solar Equipment

Services

Water: Cistern
Sewer: Septic System
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

117d

Lincoln (Lincoln-Jordan/Vineland) listings, avg age

69d

List price

$5.25M

Haho

This 4-bed vacant land in Lincoln (Lincoln-Jordan/Vineland) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE · LARRY "BILKO BILKSZTO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0R)

This home lists at $5,250,000, about 47.7× the local median household income of $110,000.

Carrying it typically needs a household income of about $1,025,509 (20% down, 25-yr amortization, stress-tested) — roughly 832% above the area median.

Median household income: $110,000
Population: 83,602
Median age: 40.8
Owner / renter: 88% / 12%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L0R)

$5,250,000

For sale

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Financing

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