Loading neighbourhood intel…

$360K · 1 bed Condo Apartment · 981 - Lincoln Lake, Lincoln | MyPropertyScout

$359,990

Unit 541

84 DOM

1184d

Map

⚡ Insider Deal

DOM 84

↓ $20,000Price Reduced

$359,990

DOM84days

Unit 541

5055 Greenlane Road · Lincoln · Ontario L3J 2J3

MLS® X12963334 · 981 - Lincoln Lake · L3J 2J3

11OwnerOccupied500-599 ft²Condo Apartment1-car Underground84d$655/ft²$2,686 tax/yrBuilt 20233 yrs old

Neighbourhood Range

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Welcome home to your spacious new condo in the highly desirable Utopia building in beautiful Beamsville. This stunning open-concept 1 bedroom + den corner unit is loaded with upgrades including quartz countertops, stainless steel Whirlpool appliances, a breakfast bar, and luxury vinyl plank flooring throughout. Enjoy your morning coffee on the extended-length balcony with access from both the living room and the bedroom. The building offers fantastic amenities, including a party room, fitness ro…

Reserved · coming next

MyPropertyScout exclusive

Reserve your Home Buyers Package

Could save you thousands on this purchase — closing strategy, negotiation & rebate.

MyStreetValue™ Analysis

Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →

Property details

MLS#: X12963334
Status: Buy Now
Beds: 1
Baths: 1 full, 0 half
Size: 500-599
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —

Roof: Flat
Foundation: Poured Concrete

Condo corp #: 339
Balcony: Open
Locker: Owned
Fees include: Heat Included, Common Elements Included, Building Insurance Included, Parking 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, Metal/Steel Siding
Fronting on: —
Cross street: Ontario Street
Basement: None
Stories: 5
Utilities: —
Laundry: In-Suite Laundry
Interior: None
Parking features: None

Rooms

Level	Room	Dimensions
Main	Kitchen	2.31m × 2.44m
Main	Living Room	3.3m × 4.47m
Main	Bedroom	2.77m × 3.25m
Main	Den	1.93m × 1.91m
Main	Bathroom	—
Main	Laundry	—

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX ESCARPMENT REALTY INC.

Source: TRREB/PROPTX · MLS® X12963334

Do you own a home in Lincoln?

Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.

Get My StreetValue™ →

$360K

Unit 541 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $359,990✓ $2,686 tax✓ Gas✓ 500-599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,494/mo

incl. closing costs (yr 1)

Annual total

$41,932

year 1

Mortgage only

$1,366/mo

principal + interest

Beyond mortgage

$1,347/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$71,998

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$224/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%$3,600/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)$33/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$3,875

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)39% $16,388/yr

Property taxes16% $6,561/yr

Utilities9% $3,960/yr

Insurance & security4% $1,600/yr

Maintenance9% $3,600/yr

Condo fees11% $4,723/yr

Closing costs12% $5,100/yr

Mortgage is 39% of your true cost of ownership. The other 61% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$16,388	$1,366/mo
Government & taxes
Property tax	$2,686	$224/mo
Land transfer tax(closing)	$3,875	$323/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%)	$3,600	$300/mo
Condo fees
Condo / HOA fees	$4,723	$394/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	$41,932	$3,494/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.

Unlock Insider Deals

Sign in

Unit 541

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

Request a Showing

Request a Showing

Annual costs