$389K · 1+1 bed Condo Apartment · 981 - Lincoln Lake, Lincoln

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About this home

Discover this well-appointed 1-bedroom plus den condo in the charming town of Beamsville, located in the heart of the scenic Niagara Region. Featuring contemporary finishes and an open-concept layout, this suite offers a comfortable and modern living experience. The versatile den provides flexible use and can function as a home office, reading area, extra storage, or an additional small sleeping space, depending on your needs. The building fosters a welcoming sense of community, offering occasio…

Property details

MLS#

X13142898

Status

Buy Now

Beds

1+1

Baths

1 full, 0 half

Size

600-699

Style

Apartment

Type

Condo Apartment

Year built

—

Property features: Library, Place Of Worship, School

Condo corp #: 339
Balcony: Open
Locker: Owned
Association amenities: Elevator, Exercise Room, Game Room, Party Room/Meeting Room, Rooftop Deck/Garden, Visitor Parking
Fees include: Heat Included, Common Elements Included, Building Insurance Included, Parking Included, Water Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Ground Source
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete, Metal/Steel Siding
Fronting on: —
Cross street: Ontario St. and Greenlane Rd.
Basement: None
Stories: —
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free
Parking features: Underground

Level	Room	Dimensions
Main	Bedroom	3.56m × 3.14m
Main	Living Room	3.05m × 3.96m
Main	Kitchen	2.44m × 2.74m
Main	Den	2.74m × 3.05m
Main	Bathroom	1.52m × 2.44m
Main	Laundry	0.91m × 1.52m

Level

Room

Dimensions

Main

Bedroom

3.56m × 3.14m

Main

Living Room

3.05m × 3.96m

Main

Kitchen

2.44m × 2.74m

Main

Den

2.74m × 3.05m

Main

Bathroom

1.52m × 2.44m

Main

Laundry

0.91m × 1.52m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $389,000✓ $2,717 tax✓ Ground Source✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,655/mo

incl. closing costs (yr 1)

Annual total

$43,860

year 1

Mortgage only

$1,476/mo

principal + interest

Beyond mortgage

$1,362/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$77,800

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 × ~650 ft² · ON avg ~$75/mo · assumes gas heat

Ground Source$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%$3,890/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$4,310

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)40% $17,709/yr

Property taxes16% $7,027/yr

Utilities9% $3,960/yr

Insurance & security4% $1,600/yr

Maintenance9% $3,890/yr

Condo fees10% $4,574/yr

Closing costs12% $5,100/yr

Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$17,709	$1,476/mo
Government & taxes
Property tax	$2,717	$226/mo
Land transfer tax(closing)	$4,310	$359/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Ground Source	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$3,890	$324/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	$43,860	$3,655/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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