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For SaleCondo Apt · 1 Storey/AptMLS® #X13883684 · TRREB MLS®

131-5055 GREENLANE Rd, Lincoln, Ontario

Lincoln Lake, Lincoln, Ontario L3J 2J3

Bedrooms
1+1
Bathrooms
2
Type
Condo Apt
Basement
None

$394,900

Estimated market value

About 131-5055 GREENLANE Rd

131-5055 GREENLANE Rd is a 1+1-bedroom, 2-bathroom condo in Lincoln Lake, Lincoln, listed for sale at an asking price of $394,900 (MLS® X13883684).

Enjoy the ease of condo living with outdoor space right at your doorstep. This bright ground-floor corner suite at Utopia Condos offers 690 sq. ft. of thoughtfully designed living space, featuring 1 bedroom plus an enclosed den, 2 full bathrooms, and a private patio with direct courtyard access.Natural light fills the inviting living area, while the modern kitchen offers ample storage and a practical layout for everyday living and entertaining. The primary bedroom overlooks the courtyard and features its own ensuite, while the enclosed den provides valuable flexibility for a home office, guest space, or quiet retreat. In-suite laundry, an oversized locker conveniently located directly beside the unit, and one underground parking space complete the package.Residents enjoy access to a fitness room, rooftop patio, party room, and bike storage. With Sobeys, Dollarama, parks, schools, and everyday essentials just steps away, plus quick QEW access, this location makes it easy to stay connected while enjoying a community surrounded by vineyards. An excellent opportunity for first-time buyers, professionals, downsizers, or investors seeking comfort, convenience, and exceptional value.

Insights

  • Condition Score

    Fair
    66out of 100

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    39out of 100

    −$510/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 5 condos with 2 bedrooms for lease in Lincoln right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$2,685 / 2025
MLS® number
X13883684
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
600-699 sqft
Listed on
Parking
1 Attached, 1 Parking
Listing brokerage: RE/MAX NIAGARA REALTY LTD, BROKERAGEData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 131-5055 GREENLANE Rd, Lincoln, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$394,900N/AFor SaleX13883684

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.

Property details

Property

Property Type
Condo Apt
Style
1 Storey/Apt
Community
Lincoln Lake
Municipality
Lincoln

Building

Size
600-699 sqft
Construction
Brick

Inside

Bedrooms
1+1
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 4pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Attached
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
Fridge, Stove, Dishwasher, Washer/Dryer
Condo maint.
$434

Rooms

RoomSizeFeaturesLevel
Kitchen2.59 × 3.55 m—Main
Living4.9 × 3.43 m—Main
Br2.15 × 2.58 m—Main
Bathroom1.39 × 2.58 m3 Pc BathMain
Br4.39 × 2.91 m—Main
Bathroom1.55 × 2.28 m3 Pc BathMain

Map and tour

Condos for sale in Lincoln Lake right now

For sale now
9
Median asking price
$379K

Middle half: $375K to $400K

New in 7 days
0

4 in 28 days

Price cuts
22%

2 listings

This home is asking 4% above the median.

See all homes in Lincoln Lake

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Land transfer tax on this home

Ontario land transfer tax
$4,399
Total land transfer tax
$4,399
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$399
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $394,900
$2,174
Ontario total
$4,399

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Senator Gibson Public SchoolDSB NiagaraPublic · grades JK–81.3 km82%Grade 6 average
Jacob Beam Public SchoolDSB NiagaraPublic · grades JK–81.7 km96%Grade 6 average
St John Catholic Elementary SchoolNiagara CDSBCatholic · grades JK–8 · French Immersion2.4 km82%Grade 6 average
St Mark Catholic Elementary SchoolNiagara CDSBCatholic · grades JK–82.6 km79%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
West Niagara Secondary SchoolDSB NiagaraPublic · grades 9–12 · French Immersion2.7 km67%Grade 9 math
Blessed Trinity Catholic Secondary SchoolNiagara CDSBCatholic · grades 9–12 · French Immersion8.4 km63%Grade 9 math
Eden High SchoolDSB NiagaraPublic · grades 9–1219 km73%Grade 9 math
Saint Francis Catholic Secondary SchoolNiagara CDSBCatholic · grades 9–1219 km71%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $78,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$78,980
Total mortgage amount
$315,920
Total interest payment
$224,680
Total purchase cost
$619,580
Mortgage payment
$1,802/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

43%

Monthly carrying cost

$2,460
−$510per month
  • Rent $1,950
  • Shortfall $510

Rental income opens at $1,950, the median asking rent of 5 comparable homes for lease in Lincoln. Type over it with the rent you expect. This is a planning tool, not advice.

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Sold prices in Lincoln Lake are shown to signed-in members.

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