4090 John Charles Boulevard 104, Lincoln

$499,900
4090 John Charles Boulevard 104

$499,900

New
15d
Condo ApartmentApartment

4090 John Charles Boulevard 104, Lincoln

Total Monthly Obligation $3,269

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
15d
Score
44
Yield
10.0%
Cash on Cash
11.7%
Cap Rate
7.1%
5Y IRR
25.1%
10Y IRR
22.6%
Property Type-Condo Apartment
MLS® Number-X13880862
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$3,632.51 (2026)
Maintenance-$749.81/mo
Locker-Exclusive
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Rolled
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-980 - Lincoln-Jordan/Vineland
Title-Residential Condo & Other

No agent assigned

Welcome to The Arbours in the sought-after adult lifestyle community of Heritage Village, Vineland. This spacious 2-bedroom, 2-bathroom condo (1100+ sq ft) features a fantastic split-bedroom floor plan - each bedroom with its own private bathroom, ideal for guests or visiting family. The large country kitchen with all appliances plus a small freezer included, sits at the heart of the home, complete with breakfast nook and pantry that flows into a good-sized living room and formal dining room. This area provides great room for your couch and chair set along with ample space for your dining room furniture. Sliding doors off the living room open to the expansive outdoor patio - perfect for quiet mornings with coffee and a good book! Back inside, the primary bedroom offers a 4-piece ensuite with tub and shower plus a large walk-in closet. Nicely sized second bedroom has adjacent 3-piece bathroom with shower. Generous laundry room with stacked washer and dryer plus extra storage is directly down the hallway. Outside, enjoy covered parking, plenty of visitor parking too with an easy stroll to the Lincoln Library. Just around the corner, is the exclusive Heritage Village Clubhouse where you can be busy all day with indoor heated pool, saunas, gym, crafts and woodworking shops, pickleball plus social activities. Monthly fees include high speed internet, cable TV, water, exterior maintenance plus the $70/month Clubhouse fee - incredible value for this lifestyle! This is care-free adult living at its best in the heart of Niagara's wine country - don't miss it!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$3,269/mo
Mortgage $2,016
Monthly Loss $2,738
Principal$531
Interest$1,486
Property Tax$303
Condo Fees$750
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
6.0%50
Cash-on-Cash
5.6%25
5-Year IRR
20.5%93
10-Year IRR
19.3%
Returns Index
57.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
44/ 100
Poor•Caution

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$50,232/yr
NOI
$30,179/yr
Net Cash Flow
$498/mo
Cash Margin
11.9%35
Cash Flow Index
35.0/ 100
Risk Profile
Weight: 20%
DSCR
1.2550
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
38.5/ 100

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

Comparables

Properties near 4090 John Charles Boulevard 104

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.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

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

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.