How much is 5581 King St listed for?

5581 King St is listed at $1,995,000 (MLS® X12413767). Summitly updates the price as soon as the MLS® record changes.

Is $1,995,000 a good price for 5581 King St?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Lincoln. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out.

Has the price of 5581 King St changed?

Yes — it was first listed at $2,100,000 and is now $1,995,000, a drop of $105,000 (5.0%).

How many bedrooms and bathrooms does 5581 King St have?

5581 King St has 3 bedrooms and 2 bathrooms, with about 2,500–3,000 square feet of living space. It is a detached home in Lincoln.

How much would the monthly mortgage be on 5581 King St?

About $9,801 a month — principal and interest on $1,995,000 with 20% down ($399,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 5581 King St compare with other homes in Lincoln?

Its asking price of $1,995,000 is about 196% above the median sold price in Lincoln over the last 90 days, $675,000, across 147 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 5581 King St been sold before?

Summitly has no earlier MLS® sale or lease of 5581 King St on record from the last two years. Older records aren't shown under TRREB rules.

Where is 5581 King St?

5581 King St is in Lincoln, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 5581 King St been on the market?

410 days — 5581 King St was listed on September 17, 2025.

What is the price per square foot of 5581 King St?

About $665 to $798 per square foot: the asking price of $1,995,000 over the 2,500–3,000 sq ft the listing gives as its size range.

Does 5581 King St have parking or a garage?

Yes — the listing gives 10 parking spaces. Garage: Yes.

Does 5581 King St have a basement, and is it finished?

The listing describes the basement as: Full, Unfinished.

For saleWell Above Market

DetachedOn market 410 daysPrice drop · $105,000 off (-5.0%)

5581 King St, Lincoln

Name: 5581 King Street
SKU: X12413767
Price: 1995000 CAD
Availability: InStock

Lincoln, ON · · MLS® X12413767Updated September 1, 2026

$1,995,000Est. $9,801/mo mortgage

Bedrooms: 3
Bathrooms: 2
Living space: 2500–3000sq ft
Parking spaces: 10

Type Detached
Lot 7.495 acres
Garage Yes
Basement Full, Unfinished

What you should know

5581 King St is a 3-bedroom, 2-bathroom detached home in Lincoln, listed for $1,995,000. It has 2500-3000 sq ft of living space.

Catharines, Niagara Falls & QEW w/several award winning Wineries literally down the road.
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.

Ask Zara:

3 Bed, 2 Bath Detached Home in Lincoln

About 5581 King Street

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 walk-out & 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.

3 bedrooms, 2 bathrooms, about 2,500 sq ft, works out to roughly $798 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 5581 King St

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 2500-3000 sq ftas stated on the listing
Parking: 10 spacesYes garage
Basement: Full, Unfinished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 10

Interior

Basement: Full · Unfinished

Lot & land

Lot size (sqft): 9.14

Listing & possession

Property style: 2-Storey
Property class: Detached

5581 King St Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X12413767−$105,000 (5.0%)$1,995,000
Sep 17, 2025For saleListedThis listingMLS® X12413767$2,100,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 5581 King St Compares to the Lincoln Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 242 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Lincoln market, last 90 days

Median sold price: $675,000
Average sold price: $760,915
Average days on market: 39
Homes sold: 147

Closed sales on the TRREB MLS®.

Full Lincoln market report

Recently sold nearby in Lincoln

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home5581 King Street 3 bd · 2 ba · 2,500 sqft	$1,995,000asking	$798	—	—
4451 Comfort Crescent 3 bd · 3 ba · 2,000 sqft
5062 FRIESEN Boulevard 3 bd · 2 ba · 1,100 sqft
4020 Cachet Court 4 bd · 3 ba · 2,000 sqft
4915 King Street 5 bd · 2 ba · 3,500 sqft
4079 Stadelbauer Drive 4 bd · 2 ba · 2,000 sqft
5001 HILLSIDE Drive 3 bd · 1 ba · 1,500 sqft

4451 Comfort Crescent
3 bd · 3 ba · 2,000 sqft
5062 FRIESEN Boulevard
3 bd · 2 ba · 1,100 sqft
4020 Cachet Court
4 bd · 3 ba · 2,000 sqft
4915 King Street
5 bd · 2 ba · 3,500 sqft
4079 Stadelbauer Drive
4 bd · 2 ba · 2,000 sqft
5001 HILLSIDE Drive
3 bd · 1 ba · 1,500 sqft

Living in Lincoln: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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How long is your commute?

From 5581 King St. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 5581 King St

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $9,801; 20% down · 25 years · 5.5% assumed
Property tax: $1,097; 0.66% mill rate · ON
Total per month: $10,898; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$9,801

/mo

based on the purchase price of $1,995,000

Down payment20%

$399,000 cash

Amortization25 yr

$1,596,000 financed

Rate5.50%

$1,344,251 total interest

Principal54%$1,596,000

Interest46%$1,344,251

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Listing brokerage: RE/MAX ESCARPMENT REALTY INC., BrokerageMLS® X12413767 · Listing data last updated September 1, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Sep 16· $798/sq ft

Estimated monthly mortgage$9,801/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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5581 King St, Lincoln

What you should know