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$405K · 1+1 bed Condo Apartment · Unit 625, 5055 Greenlane Road, Lincoln, Ontario L0R 1B3 | HomeSearchCanada

$405,000

Unit 625

5 DOM

1+115d

Map

DOM 5

$405,000

DOM5days

Unit 625

5055 Greenlane Road · Lincoln · Ontario L0R 1B3

MLS® X13729402 · 981 - Lincoln Lake · L0R 1B3

1+11OwnerOccupied500-599 ft²Condo Apartment1-car UndergroundNo basement5d$737/ft²$2,717 tax/yrBuilt 20233 yrs oldNo basement

5 days on market

About this home

Welcome to penthouse living at its finest! This stunning top-floor condo, only 4 years young, offers modern style, quality finishes and the elevated lifestyle that comes with being on the top floor. Featuring 9-foot ceilings, an abundance of natural light and a beautifully designed interior, this home is the perfect blend of comfort and contemporary living. Enjoy upgraded appliances and fixtures, adding a touch of luxury and functionality throughout. The open-concept layout creates an inviting s…

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Property details

MLS#: X13729402
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1+1
Baths: 1 full, 0 half
Rooms: 5
Kitchens: 1
Size: 500-599Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: 2023

Occupancy: Owner Occupied
Washrooms: 4 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Roof: Flat
Foundation: Concrete
Property features: Hospital, Park, School, Terraced

Condo corp #: 339
Balcony: Enclosed
Locker: Exclusive
Association amenities: Bike Storage, Elevator, Exercise Room, Gym, Visitor Parking
Fees include: Water Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Concrete · Controlled Entry, Landscape Lighting, Landscaped, Lighting, Privacy, Porch, Recreational Area
Fronting on: —
Cross street: Ontario St. and Greenlane Rd.
Stories: 6
Utilities: —
Laundry: In-Suite Laundry
Interior: Storage Area Lockers, Carpet Free
Parking features: Private, Reserved/Assigned, Surface

Additional listing data

ListAOR: Central Lakes Association of REALTORS

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: RE/MAX Jazz INC.

Source: TRREB/PROPTX · MLS® X13729402

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$405K

Unit 625 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $405,000✓ $2,717 tax✓ Gas✓ 500-599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,751/mo

incl. closing costs (yr 1)

Annual total

$45,013

year 1

Mortgage only

$1,536/mo

principal + interest

Beyond mortgage

$1,375/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$81,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$226/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~550 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,050/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$32/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,575

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $18,437/yr

Property taxes16% $7,292/yr

Utilities9% $3,960/yr

Insurance & security4% $1,600/yr

Maintenance9% $4,050/yr

Condo fees10% $4,574/yr

Closing costs11% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$18,437	$1,536/mo
Government & taxes
Property tax	$2,717	$226/mo
Land transfer tax(closing)	$4,575	$381/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,050	$338/mo
Condo fees
Condo / HOA fees	$4,574	$381/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$45,013	$3,751/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 625

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs