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For SaleCondo Apt · ApartmentMLS® #X14119556 · TRREB MLS®

416-5055 Greenlane Rd, Lincoln, Ontario

Lincoln Lake, Lincoln, Ontario L3J 2J3

Bedrooms
1+1
Bathrooms
1
Type
Condo Apt
Basement
None

$379,000

Estimated market value

About 416-5055 Greenlane Rd

416-5055 Greenlane Rd is a 1+1-bedroom, 1-bathroom condo in Lincoln Lake, Lincoln, listed for sale at an asking price of $379,000 (MLS® X14119556).

Discover this well-appointed 1-bedroom-plus-den condo in the charming town of Beamsville, in the heart of the scenic Niagara Region. Featuring contemporary finishes and an open-concept layout, this suite offers a comfortable and modern living experience. The versatile den provides flexible use and can function as a home office, reading area, extra storage, or an additional small sleeping space, depending on your needs. The building fosters a welcoming sense of community, offering occasional social events and opportunities for residents to connect, adding to the overall lifestyle appeal. Whether you're a professional, retiree, or anyone seeking a peaceful yet vibrant setting, this property offers excellent versatility. Conveniently situated within walking distance of a grocery store, this condo provides everyday ease and accessibility. A nearby park and trail system offer ideal options for outdoor enjoyment. With quick access to the QEW, commuting is straightforward, and weekend getaways are always close at hand. Residents can also enjoy proximity to Niagara's renowned wineries, local attractions, and a wide range of dining and entertainment options. Experience modern, low-maintenance living surrounded by nature, amenities, and a friendly community-all within reach.

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
    43out of 100

    −$387/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
$2,717 / 2025
MLS® number
X14119556
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
0-5
Days on market
Size
600-699 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: RIGHT AT HOME REALTY, 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 416-5055 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$379,000N/AFor SaleX14119556

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
Apartment
Community
Lincoln Lake
Municipality
Lincoln

Building

Size
600-699 sqft
Building Age
0-5
Construction
Concrete

Inside

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

Parking

Garage Type
Underground
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, Microwave range, Dishwasher, Washer, Dryer, Window Coverings
Condo maint.
$381

Rooms

RoomSizeFeaturesLevel
Br3.56 × 3.14 m—Main
Living3.05 × 3.96 m—Main
Kitchen2.44 × 2.74 m—Main
Den2.74 × 3.05 m—Main
Bathroom1.52 × 2.44 m4 Pc BathMain
Laundry0.91 × 1.52 m—Main

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 at 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
$4,160
Total land transfer tax
$4,160
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$160
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 $379,000
$1,935
Ontario total
$4,160

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% · $75,800

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
$75,800
Total mortgage amount
$303,200
Total interest payment
$215,800
Total purchase cost
$594,800
Mortgage payment
$1,730/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

38%

Monthly carrying cost

$2,337
−$387per month
  • Rent $1,950
  • Shortfall $387

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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