Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

3297 Tallman Drive, Lincoln, ON L0R 2C0

Land
$5,250,000

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.

MLS number
X13547888
Type
Land
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
L0R 2C0
Photos
50
Property tax
$9,151 / year
65days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 5 times.

Sale history is for registered usersSee what this address sold for and when, across all 5 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Twenty Valley Public School
DSB Niagara
Elementary830 m9.8 / 10
98% met the standard
Heritage Christian SchoolElementary and secondary1.5 kmNot reported
St Edward Catholic Elementary School
Niagara CDSB
Elementary1.7 km9.8 / 10
98% met the standard · 3 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 469 people.

$105,000Median household income
80.6%Own their home
71.9%Detached houses
42.4Median age
12.6%Born outside Canada
15.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35260847 — the few blocks around this address, home to 469 people. It describes the area, not this property.

469Population
40.9Average age
2.8Household size
$98,000Average household income
$105,000Median household income
81%Own their home
19%Rent
0%Condominiums
13%Born outside Canada
15%University degree
$640,000Average home value
4%Low income
34%Not in the labour force
30%Never married
$45,000 to $49,9992%
$50,000 to $59,9992%
$60,000 to $69,9994%
$70,000 to $79,9997%
$80,000 to $89,9992%
$90,000 to $99,9992%
$100,000 and over40%
$100,000 to $124,99916%
$125,000 to $149,9997%
$150,000 to $199,9997%
$200,000 and over11%

Percentages are of the 225 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$1,050,000 · minimum here is $1,050,000
$23,245.86per month
Borrowed before insurance$4,200,000
Total borrowed$4,200,000
Interest over 25 years at 4.5%$2,773,759

If you rented it out

-$24,008.45per month out of pocket
Rent$0.00
Everything it costs to hold$24,008.45
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE. Listing data provided by the Toronto Regional Real Estate Board.