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
Fair4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$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 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 Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $394,900 | N/A | For Sale | X13883684 |
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
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 2.59 × 3.55 m | — | Main |
| Living | 4.9 × 3.43 m | — | Main |
| Br | 2.15 × 2.58 m | — | Main |
| Bathroom | 1.39 × 2.58 m | 3 Pc Bath | Main |
| Br | 4.39 × 2.91 m | — | Main |
| Bathroom | 1.55 × 2.28 m | 3 Pc Bath | 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 4% above the median.
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
- $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
| 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
- $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- 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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