3426 KING Street, Lincoln

$929,000
3426 KING Street

$929,000

New
18d
Detached1 1/2 Storey

3426 KING Street, Lincoln

Total Monthly Obligation $4,639

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
18d
Score
15
Yield
3.2%
Cash on Cash
-10.6%
Cap Rate
2.3%
5Y IRR
7.3%
10Y IRR
8.1%
Property Type-Detached
MLS® Number-X13861964
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-255.51 × 280.05 ft
Listed on site-Oct 5, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$6,199.23 (2026)
Parking-4 - None
Basement-Unfinished, Full
Heating-Forced Air (Gas)
Brokerage-Century 21 Heritage House LTD
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Wood
Roof-Shingles
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-980 - Lincoln-Jordan/Vineland
Title-Residential Freehold

No agent assigned

One of a kind 3 Bedroom, 1.5 Bath home on a gorgeous 1 acre country property on city services. This gorgeous home offers modern day updates while maintaining stunning historical features/character. The main level features a fully updated kitchen with stone and butcher block counters, an oversized farmhouse style sink, tile backsplash, pantry and stainless steel appliances. You'll love the large formal dining room with wood fireplace with beautiful original woodwork. Additional main floor features include refinished hardwood floors throughout, extra tall baseboards providing plenty of character, an abundance of large windows overlooking the beautiful property, a large living room with gas fireplace, an updated 2pc bath, main floor bedroom, a convenient mud room with storage, and a bonus fully finished sunroom/enclosed porch. The 2nd level features a spacious primary bedroom with two walk in closets, a 3rd bedroom, a stunning 4pc bathroom with clawfoot tub/shower, and a 2nd level balcony with impressive views of nearby vineyards. Roof shingles replaced in 2020. The breathtaking 1 acre grounds provide a spacious country feel, while being located next to all amenities including wineries, restaurants, groceries, and more!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$743,200
Land Transfer Taxes$15,055
Legal Fees (Est.)
$
Total cash required for closing$202,355

Total Monthly Obligation

$4,639/mo
Mortgage $3,747
Monthly Loss $3,653
Principal$986
Interest$2,761
Property Tax$517
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.4%0
5-Year IRR
4.4%9
10-Year IRR
6.3%
Returns Index
5.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,000/yr
NOI
$16,301/yr
Net Cash Flow
-$2,389/mo
Cash Margin
-95.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
17.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 3426 KING Street

Time

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