5055 Greenlane Road 140, Lincoln

$369,000
5055 Greenlane Road 140

$369,000

New
3d
Condo ApartmentApartment

5055 Greenlane Road 140, Lincoln

Total Monthly Obligation $2,320

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
3d
Score
23
Yield
7.1%
Cash on Cash
0.2%
Cap Rate
4.6%
5Y IRR
15.8%
10Y IRR
14.8%
Property Type-Condo Apartment
MLS® Number-X14096758
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,700.97 (2026)
Maintenance-$406.48/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-981 - Lincoln Lake
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 140 at 5055 Greenlane Road, where comfortable condo living meets the charm of Beamsville. This thoughtfully designed 1+1 layout offers the perfect balance of space and functionality, with a versatile den, ensuite laundry, and two walkouts-one from the bedroom and another from the back of the condo-making it easy to enjoy the outdoors and bring a little more fresh air into your everyday routine. Imagine starting your morning with a coffee outside, heading down to the fitness centre for a workout, or spending a summer evening enjoying the rooftop patio. With amenities designed for both relaxation and connection, including a fitness centre, party room, rooftop patio and landscaped outdoor spaces, there's plenty to enjoy without having to go far from home. And when you do head out, Beamsville has plenty to offer. Enjoy local cafes and restaurants, explore nearby parks and trails, spend an afternoon discovering Niagara's wineries, or take advantage of the easy QEW access for commuting throughout Niagara and toward Hamilton. It's the kind of location that gives you everyday convenience while still offering that relaxed, small-town, wine-country lifestyle. Whether you're a first-time home buyer ready to make your first move, a downsizer looking for something comfortable or simply someone searching for a low-maintenance lifestyle, this home offers the flexibility and convenience to fit your next chapter. With 1 parking space and 1locker included, all that's left to do is move in and enjoy. Welcome home to Beamsville.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$295,200
Land Transfer Taxes$4,010
Legal Fees (Est.)
$
Total cash required for closing$79,310

Total Monthly Obligation

$2,320/mo
Mortgage $1,488
Monthly Loss $1,928
Principal$392
Interest$1,097
Property Tax$225
Condo Fees$406
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.5%2
5-Year IRR
11.5%46
10-Year IRR
11.9%
Returns Index
24.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$26,064/yr
NOI
$13,479/yr
Net Cash Flow
-$365/mo
Cash Margin
-16.8%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
33.8/ 100

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

Comparables

Properties near 5055 Greenlane Road 140

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.

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Data last updated within the past 24 hours.