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Listed 3 months ago

LOT 2 - 4968 GREENLANE Road

981 - Lincoln Lake, Lincoln

$799,900

Detached|Bungalow
2 | 2 | 2 | 0
About this home

Welcome to this exceptional to-be-built detached bungalow in one of Beamsville's most desirable new communities. Situated on a premium 37.5' x 160' lot, this thoughtfully designed home offers approximately 1,350 sq. ft. of elegant main floor living featuring an open-concept layout with a spacious great room, bright dining area, and designer-inspired kitchen complete with a large centre island, pantry, and ample cabinetry. The primary suite serves as a private retreat with a generous walk-in closet and luxurious ensuite, while the second bedroom and full bathroom provide ideal accommodations for family or guests. Additional features include convenient main floor laundry, an attached garage with inside entry, covered front porch, full basement with outstanding future development potential, forced air natural gas heating, central air conditioning, municipal water and sewer services, and Tarion Warranty for peace of mind. Ideally located just minutes from award-winning wineries, schools, parks, shopping, restaurants, and quick QEW access, this is an incredible opportunity to own a quality-built new home while still having the opportunity to personalize select finishes and make it uniquely yours.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNew
Size1100-1500 sq. ft.
Property Tax---
mls© NumberX13519332
Listed ByRE/MAX ESCARPMENT REALTY INC.

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,094
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$4,244 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $159,980
25-yr amortization

Income needed

$131,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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