5055 Greenlane Road 533, Lincoln

$479,999
5055 Greenlane Road 533

$479,999

Price Change
64d
Condo Apartment1 Storey/Apt

5055 Greenlane Road 533, Lincoln

Total Monthly Obligation $2,878

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
64d
Score
20
Yield
6.0%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-X13695434
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Aug 20, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-0-5
Taxes-$2,992.41 (2026)
Maintenance-$492.22/mo
Locker-Ensuite+Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE MACRO REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Stone
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-981 - Lincoln Lake
Title-Residential Condo & Other

No agent assigned

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!

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Closing Costs

Mortgage Amount
$383,999
Land Transfer Taxes$6,075
Legal Fees (Est.)
$
Total cash required for closing$103,575

Total Monthly Obligation

$2,878/mo
Mortgage $1,936
Monthly Loss $2,368
Principal$510
Interest$1,427
Property Tax$249
Condo Fees$492
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
9.1%30
10-Year IRR
10.1%
Returns Index
16.0/ 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
$28,680/yr
NOI
$14,513/yr
Net Cash Flow
-$727/mo
Cash Margin
-30.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.628
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
27.5/ 100

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

Comparables

Properties near 5055 Greenlane Road 533

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.