$389,000

For sale

#405 3998 Victoria Avenue, Lincoln (Lincoln-Jordan/Vineland) - Single Family for Sale

#405 3998 Victoria Avenue, Lincoln (Lincoln-Jordan/Vineland), Ontario, L0R2C0

1 bed1 bath1 parking650 ft²$369/mo condo feeListed 28 days ago

Overview

This 1-bedroom, 1-bathroom condo in Lincoln is for sale offering roughly 650 sq ft of space. Listed at $389,000, it is attractively priced about 22% below the $499,000 median asking price in Lincoln. It has been on the market 28 days, fresher than the Lincoln average of 70 days.

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Description

Welcome to this bright and inviting one-bedroom condominium apartment, built in 2022. Enjoy the warmth of the morning sun as it fills the living space, creating the perfect start to your day. Thoughtfully designed with exceptional privacy, the unit has only one neighbour and features a private balcony-perfect for enjoying your morning coffee or relaxing at the end of the day. A dedicated parking space adds to the convenience. Set in a quiet location, this modern condo is ideal for first-time buyers, professionals, downsizers, or anyone seeking low-maintenance living in a peaceful environment. Conveniently located close to major highways and everyday amenities, with Niagara's renowned wine country, award-winning wineries, restaurants, golf courses, and beautiful trails all within easy reach. Residents enjoy excellent building amenities, including a fully equipped fitness centre and welcoming common room for social gatherings and events. Built with today's lifestyle in mind, this nearly new home offers contemporary finishes, great amenities, privacy, and comfortable modern living. (id:66096)

Property Details

MLS®: X13879854
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $369/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,815/yr
Listed: 28 days ago

Rooms

Main level

Kitchen: 2.47 x 3.08 meters
Living room: 4.07 x 5.47 meters
Bedroom: 3.11 x 3.74 meters
Bathroom: 1.65 x 2.61 meters
Utility room: 1.52 x 1.52 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Exterior: Brick, Stucco
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

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

70d

Price / ft²

$599

List price

$389K

Haho

This 1-bed single family in Lincoln (Lincoln-Jordan/Vineland) has been listed for 28 days, which is 42 days fresher than the city average of 70. Act while there is still low competition.

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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE · Josie DeLazzari

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0R)

This home lists at $389,000, about 3.5× the local median household income of $110,000.

Carrying it typically needs a household income of about $75,985 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$389,000· $599/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,450

Min 5%50%

Mortgage payment$2,049/mo

↳ CMHC premium ($14,782 capitalized)

Property tax (est.)$235/mo

Condo fee$369/mo

Total monthly$2,653

Cash Needed to Close

Down payment (5%)$19,450

Land transfer tax$4,310

Est. closing costs$3,667

Total cash needed$27,427

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