Homula Realty Brokerage
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LOT 18 Vosburgh Place, Lincoln, ON L0R 1G0

Vacant Land
$488,888
Property tax
$1,256 / year

Welcome to the final opportunity to secure a prime piece of land in one of the area's most prestigious custom home communities. Surrounded by beautifully crafted estate homes valued between $1.4M-$1.5M, this impressive 60' x 127' lot offers the perfect canvas to design and build your dream home. Tucked away on a quiet court, this is the last remaining lot permitting a spacious 3-car garage a rare and highly desirable feature within the neighbourhood. Whether you envision a modern architectural showpiece or a timeless traditional residence, this property provides the flexibility, space, and setting to bring your vision to life. Enjoy the perfect blend of luxury, privacy, and community living in an exclusive enclave where opportunities like this are increasingly rare. VTB financing available, offering added flexibility for qualified buyers. Don't miss your chance to build your forever home in a truly exceptional location.

MLS number
X13612866
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
L0R 1G0
Photos
8
Laundry
Not in the unit
47days · 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

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

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
Eben-ezer Christian SchoolElementary and secondary217 mNot reported
Nature School and Education CentreElementary2.1 kmNot reported

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 433 people.

$118,000Median household income
90.6%Own their home
96.7%Detached houses
36.8Median age
11.6%Born outside Canada
16.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35260357 — the few blocks around this address, home to 433 people. It describes the area, not this property.

433Population
38.9Average age
2.9Household size
$129,000Average household income
$118,000Median household income
91%Own their home
9%Rent
0%Condominiums
12%Born outside Canada
17%University degree
$980,000Average home value
6%Low income
48%Not in the labour force
22%Never married
$25,000 to $29,9992%
$40,000 to $44,9992%
$50,000 to $59,9992%
$60,000 to $69,9994%
$70,000 to $79,9992%
$80,000 to $89,9994%
$90,000 to $99,9992%
$100,000 and over40%
$100,000 to $124,9999%
$125,000 to $149,99911%
$150,000 to $199,99913%
$200,000 and over7%

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.

$97,778 · minimum here is $24,444
$2,164.69per month
Borrowed before insurance$391,110
Total borrowed$391,110
Interest over 25 years at 4.5%$258,296

If you rented it out

-$2,269.35per month out of pocket
Rent$0.00
Everything it costs to hold$2,269.35
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 ESCARPMENT REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.