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5581 King Street

982 - Beamsville, Lincoln

$1,995,000

Detached|2-Storey
3 | 3 | 10
About this home

Desirable 9.14 acre multi-purpose rural property located on the eastern outskirts of Beamsville in the heart of Niagara renowned & world famous wine region - offering close proximity to Grimsby, Jordon, St. Catharines, Niagara Falls & QEW w/several award winning Wineries literally down the road. Positioned proudly on this large parcel is 1890 built century home, totally gutted to studs & re-built in 1990 + 1949 built 1440sf versatile barn/shop reflecting pride of lengthy ownership enjoying 2 road frontages -surrounded w/8 acres of tender fruit orchards & fertile vegetable soil. Follow King St E & take round-about into triple car concrete driveway - leads to quaint covered porch providing stately access to this lovingly cared for home introducing 2774sf of timeless décor highlighted w/ornate mouldings & original wood work. Ftrs grand front foyer entering central vestibule incs multiple French doors accessing formal dining room, living room enhanced w/picture window & n/g fireplace, sunken family room incs patio door WO & 2pc bath - continues to country sized kitchen incs roomy dinette - completed w/convenient MF laundry room, 4pc bath & direct entry to attached 1.5 car garage incs staircase to 1188sf unfinished basement. Classic period wood staircase ascends to spacious upper level opulent hallway offering entry to elegant primary bedroom w/private 14x14 balcony walk-out, 2 additional bedrooms & lavish 4pc bath. Gleaming hardwood flooring, coved ceiling & multiple walk-outs to impressive paver stone pavilion entertainment court yard compliment the home w/distinguished flair. Separate driveway leads to solid post & beam built barn boasting 3 roll-up doors, concrete flooring, hydro, produce cooler (not operational), 2nd bay & full functional loft. Extras - roof-2025, furnace-2015, AC-2019, 200 amp hydro, quality windows. Spectacular, diverse property appeals to Investors, Expanding Tender Fruit Farmers, Winery Entrepreneurs or Perfect Place to Live & Raise a Family.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age100+
Size2500-3000 sq. ft.
Property Tax$4,779
Lot Size537.8 ft x 730 ft
mls© NumberX12413767
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 actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$10,211
Property tax
$398
Heat allowance
$150
Housing costs
$10,760 / mo

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

Down payment20% · $399,000
25-yr amortization

Income needed

$331,000

gross annual household income

Payment at 4%
$8,395 / mo
Cash down
$399,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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