5055 Greenlane Road 136, Lincoln

$375,000
5055 Greenlane Road 136

$375,000

New
57d
Condo Apartment1 Storey/Apt

5055 Greenlane Road 136, Lincoln

Total Monthly Obligation $2,345

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
500-599
DOM
57d
Score
20
Yield
6.0%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Condo Apartment
MLS® Number-X13718112
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Aug 27, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,577 (2025)
Maintenance-$417.9/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Ground Source)
Brokerage-RE/MAX REALTY SERVICES INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-981 - Lincoln Lake
Title-Residential Condo & Other

No agent assigned

Welcome to Utopia Condos in sought after Beamsville! This brand new, never lived in, ground floor suite offers a bright and spacious 1 bedroom plus den, 1 bathroom layout with modern finishes throughout. The open concept living space features quality plank flooring, ensuite laundry, and a walkout to your private terrace overlooking the beautifully landscaped courtyard. Modern kitchen offers stainless steel appliances, built-in microwave, and convenient breakfast bar. Underground parking and storage locker included. Enjoy an impressive selection of building amenities, including a rooftop patio, party room, fitness studio, and outdoor courtyard. Ideally located close to schools, shopping, restaurants, public transit, and with easy access to the QEW.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$300,000
Land Transfer Taxes$4,100
Legal Fees (Est.)
$
Total cash required for closing$80,600

Total Monthly Obligation

$2,345/mo
Mortgage $1,513
Monthly Loss $1,947
Principal$398
Interest$1,115
Property Tax$215
Condo Fees$418
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
8.1%24
10-Year IRR
9.3%
Returns Index
13.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$22,464/yr
NOI
$10,226/yr
Net Cash Flow
-$660/mo
Cash Margin
-35.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
31.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5055 Greenlane Road 136

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.