For SaleCondo Apt · 1 Storey/AptMLS® #X13695434 · TRREB MLS®
533-5055 Greenlane Rd, Lincoln, Ontario
Lincoln Lake, Lincoln, Ontario L0R 1B3
- Bedrooms
- 2
- Bathrooms
- 2
- Type
- Condo Apt
- Basement
- None
$479,999
Estimated market value
About 533-5055 Greenlane Rd
533-5055 Greenlane Rd is a 2-bedroom, 2-bathroom condo in Lincoln Lake, Lincoln, listed for sale at an asking price of $479,999 (MLS® X13695434).
Great opportunity to own a spacious Main Floor 2 Bedroom + 2 Bath! Comes with 1 underground parking spot, 1 storage locker and a state of the art Geothermal Heating and Cooling system which keeps the hydro bills low!!! Enjoy the open concept kitchen and living room with stainless steel appliances, a breakfast bar and two cozy bedrooms. Primary bedroom with a four piece ensuite. The condo is complete with a 4piece bathroom, in-suite laundry, and a private terrace with unobstructed views of the courtyard. Enjoy all of the fabulous amenities that this building has to offer; including a party room, modern fitness facility, rooftop patio and bike storage. Situated in the desirable Beamsville community with fabulous dining, shopping, schools and parks. 25 minute drive to downtown Burlington, 20 minute commute to Niagara Falls, you don't want to miss this opportunity, book your showing today!
Insights
Condition Score
Fair4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$981/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
- $2,992 / 2026
- MLS® number
- X13695434
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 700-799 sqft
- Listed on
- Parking
- Underground, 1 Parking
Listing history
Buy/sell history for 533-5055 Greenlane Rd, Lincoln, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $479,999 | N/A | Pc | X13695434 |
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
- 700-799 sqft
- Building Age
- 0-5
- Construction
- Alum Siding
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Foundation
- Poured Concrete
- Fireplace
- No
- Den
- Yes
- Family room
- Yes
- Extras
- STS Stove, STS fridge, STS microwave, STS dish washer, washer and dryer ALL window coverings, Murphy bed in spare bedroom
- Condo maint.
- $492
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.07 × 4.85 m | California Shutters | Main |
| Laundry | 0.0 × 0.0 m | — | Main |
| Bathroom | 2.41 × 2.44 m | 4 Pc Ensuite | Main |
| Kitchen | 2.92 × 3.2 m | — | Main |
| Bathroom | 1.5 × 2.31 m | 4 Pc Bath | Main |
| Primary | 2.92 × 4.01 m | California Shutters | Main |
| Br | 2.9 × 2.97 m | California Shutters | Main |
Map and tour
Condos for sale in Lincoln Lake right now
- For sale now
- 9
- Median asking price
- $379K
- New in 7 days
- 0
- Price cuts
- 22%
Middle half: $375K to $400K
4 in 28 days
2 listings
This home is asking 27% above the median, higher than three quarters of them.
See all homes in Lincoln LakeAsking 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
- $6,075
- Total land transfer tax
- $6,075
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,075
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 $400,000
- $2,250
- 2.0% from $400,000 to $479,999
- $1,600
- Ontario total
- $6,075
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m6 test or monitoring holes also recorded.250 m
- Groundwater recorded about 4.6 m below ground nearbyThe middle water level in the well records within 500 m (41 records). It changes with the season and from spot to spot.500 m
- Bedrock about 8.9 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity2
- Inside the Greenbelt (Protected Countryside)These provincial plans set policies on new buildings, new lots and some changes to the land; the municipality can say which apply to this property.At the address
- Nearest airport: 9.5 km9.5 km
Province of Ontario open data
Around the home2
- Nearest rail line: 120 m120 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is NIAGARA PISTON INC, 530 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Niagara Peninsula Energy Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 100 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (100 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.100 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Niagara Regional Broadband Network. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, SkyChoice Communications, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Senator Gibson Public SchoolDSB Niagara | Public · grades JK–8 | 1.3 km | 82%Grade 6 average |
| Jacob Beam Public SchoolDSB Niagara | Public · grades JK–8 | 1.7 km | 96%Grade 6 average |
| St John Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 · French Immersion | 2.4 km | 82%Grade 6 average |
| St Mark Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 2.6 km | 79%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| West Niagara Secondary SchoolDSB Niagara | Public · grades 9–12 · French Immersion | 2.7 km | 67%Grade 9 math |
| Blessed Trinity Catholic Secondary SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 8.4 km | 63%Grade 9 math |
| Eden High SchoolDSB Niagara | Public · grades 9–12 | 19 km | 73%Grade 9 math |
| Saint Francis Catholic Secondary SchoolNiagara CDSB | Catholic · grades 9–12 | 19 km | 71%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
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
- $96,000
- Total mortgage amount
- $383,999
- Total interest payment
- $273,001
- Total purchase cost
- $753,000
- Mortgage payment
- $2,190/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
56%Monthly carrying cost
$2,931- Rent $1,950
- Shortfall $981
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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