5055 Greenlane Road 425, Lincoln

$389,900
5055 Greenlane Road 425

$389,900

New
30d
Condo Apartment1 Storey/Apt

5055 Greenlane Road 425, Lincoln

Total Monthly Obligation $2,395

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
500-599
DOM
30d
Score
19
Yield
5.8%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.5%
Property Type-Condo Apartment
MLS® Number-X13820540
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 23, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-0-5
Taxes-$2,847.42 (2026)
Maintenance-$385/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Other (Other)
Brokerage-RE/MAX ESCARPMENT GOLFI REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stone, Stucco (Plaster)
Possession-Flexible
Neighbourhood-981 - Lincoln Lake
Title-Residential Condo & Other

No agent assigned

Welcome to Utopia, a quiet condo community nestled along the bench of beautiful wine country! This professionally designed 1 bedroom + den condo offers stylish finishes, picturesque west-facing views and a functional layout designed for comfortable everyday living. The modern kitchen features quartz countertops with a breakfast bar, designer-selected fixtures and finishes, stainless steel appliances and plenty of space to entertain. Soft-toned luxury vinyl flooring flows throughout, while large windows overlook the beautifully maintained courtyard gardens. Enjoy the convenience of in-suite laundry, a storage locker and underground parking, with the option for a second underground parking space available. Even better, the cost of geothermal heating and cooling is included in the condo fees! Residents also have access to a fully equipped gym, party room and rooftop patio overlooking the scenic escarpment. Ideally located within walking distance to grocery stores, shopping and everyday amenities, with wineries, golf courses, beaches and conservation areas all nearby. Enjoy low-maintenance condo living in the heart of wine country!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$311,920
Land Transfer Taxes$4,324
Legal Fees (Est.)
$
Total cash required for closing$83,804

Total Monthly Obligation

$2,395/mo
Mortgage $1,573
Monthly Loss $1,981
Principal$414
Interest$1,159
Property Tax$237
Condo Fees$385
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.8%22
10-Year IRR
9.1%
Returns Index
12.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$10,350/yr
Net Cash Flow
-$710/mo
Cash Margin
-37.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
31.1/ 100

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

Comparables

Properties near 5055 Greenlane Road 425

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.