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$1,199,000
Lincoln
5196 ELM Street, Lincoln (Lincoln Lake), Ontario, L0R1B8
This 5-bedroom, 2-bathroom home in Lincoln is for sale offering roughly 900 sq ft of space. Listed at $1,199,000, it is attractively priced about 17% below the $1,450,000 median asking price in Lincoln. It has been on the market 54 days, fresher than the Lincoln average of 103 days.
Welcome to 5196 Elm St in Beamsville! This extensively renovated home offers the space, flexibility and backyard lifestyle that growing families have been looking for. With 3+2 bedrooms and 2 bathrooms, there is room for everyone, plus plenty of flexibility for guests, older children or extended family. A separate entrance creates great potential for in-law living or a private space for a growing family. And then there's the backyard! Your own private summer escape featuring an in-ground pool, pool house with change room, outdoor BBQ area and fire pit. Whether you're hosting friends, spending summer afternoons by the pool or enjoying a quiet evening around the fire, this backyard is made for making memories. The new detached double-car garage adds even more value, complete with loft space above that could be used for a home gym, office, studio, storage or whatever your family needs. Thoughtfully renovated and packed with features that make everyday living easier and entertaining a whole lot more fun, this is a home with room to grow and plenty to love. Come see why 5196 Elm St might be the one you've been waiting for! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 54 days on market, against an average age of 103 days across the listings currently for sale in this city
This 5-bed single family in Lincoln (Lincoln Lake) has been listed for 54 days, which is 49 days fresher than the city average of 103. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,199,000, about 10.9× the local median household income of $110,000.
Carrying it typically needs a household income of about $234,207 (20% down, 25-yr amortization, stress-tested) — roughly 113% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0R)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.