Homula Realty Brokerage
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5055 GREENLANE Road 131, Lincoln, ON L3J 2J3

1+1 beds · 2 baths · 1 kitchen · 6 rooms · 1 parking space · 600-699 sq ft · Locker · Laundry in unit · Condo Apartment
$409,000

Also includedBuilding Insurance · Parking

Maintenance fee
$434 / month
Property tax
$2,685 / year
Included in the fee
Building Insurance, Parking

Rare ground-floor corner unit at Utopia Condos offering exceptional value at a great price. This 1 bedroom + enclosed den layout lives like a true 2-room unit, complete with 2 full bathrooms, a private patio, and direct courtyard access. Offering 690 sq. ft. of thoughtfully designed living space, this condo blends the privacy and outdoor feel of a ground-level home with the ease and convenience of modern condo living.Filled with natural light, the unit features a spacious living area, a modern kitchen with great storage, in-suite laundry, and a functional floor plan ideal for everyday living. The primary bedroom includes its own ensuite and overlooks the courtyard, while the enclosed den is perfect as a guest room, home office, or flexible bonus space. An oversized locker located directly beside the unit, along with 1 underground parking space, adds incredible convenience.Residents enjoy access to great building amenities including a fitness room, rooftop patio, party room, and bike storage. Ideally located steps from Sobeys, Dollarama, schools, parks, and everyday essentials, with quick access to the QEW and the upcoming GO Station. A fantastic opportunity for professionals, downsizers, or investors looking for modern condo living in a growing community surrounded by vineyards.

MLS number
X13474844
Type
Condo Apartment
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
L3J 2J3
Photos
35
Locker
Yes — Owned
Laundry
Ensuite
Included in the fee
Building Insurance, Parking
83days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 4 times.

Sale history is for registered usersSee what this address sold for and when, across all 4 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Senator Gibson Public School
DSB Niagara
Elementary1.2 km8.0 / 10
80% met the standard
Jacob Beam Public School
DSB Niagara
Elementary1.6 km9.4 / 10
94% met the standard
Great Lakes Christian High SchoolSecondary1.9 kmNot reported
St John Catholic Elementary School
Niagara CDSB
Elementary2.4 km8.4 / 10
84% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 759 people.

$96,000Median household income
82.4%Own their home
92.6%Detached houses
50.8Median age
21.8%Born outside Canada
24.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35260304 — the few blocks around this address, home to 759 people. It describes the area, not this property.

759Population
47.8Average age
2.6Household size
$218,000Average household income
$96,000Median household income
82%Own their home
18%Rent
0%Condominiums
22%Born outside Canada
24%University degree
$880,000Average home value
8%Low income
53%Not in the labour force
25%Never married
$20,000 to $24,9993%
$25,000 to $29,9994%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9991%
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9995%
$100,000 and over35%
$100,000 to $124,9997%
$125,000 to $149,9995%
$150,000 to $199,9998%
$200,000 and over12%

Percentages are of the 375 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$81,800 · minimum here is $20,450
$1,810.96per month
Borrowed before insurance$327,200
Total borrowed$327,200
Interest over 25 years at 4.5%$216,089

If you rented it out

-$2,468.71per month out of pocket
Rent$0.00
Everything it costs to hold$2,468.71
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE. Listing data provided by the Toronto Regional Real Estate Board.