5055 Greenlane Rd 617

Lincoln, L0R 1B3
FOR SALE
$424,990
5055 Greenlane Rd 617, Lincoln
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
5055 Greenlane Rd 617
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
X8216566
MLSID
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Property Description
Stunning penthouse suite in brand new Utopia Condos. This 1+Den is beautifully upgraded throughout with 10 foot ceilings, vinyl plank flooring, stainless steel appliances & more. Featuring one underground parking space & one locker. Building amenities include an Exercise Room with brand new equipment & party room! Conveniently located just minutes from the QEW, public transit, shopping centers & so much more.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-12-09 2023-01-07 30 $1,800 $1,800 Leased
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,374 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Other
Heat Source
Other
Air Conditioning
Other
Elevator
Yes
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
BrMain9.09' x 10.60'
DenMain6.82' x 7.25'
LivingMain10.83' x 14.67'
KitchenMain7.58' x 8.01'
Lincoln Market Statistics
Lincoln Price Trend
5055 Greenlane Rd 617 is a 1-bedroom 1-bathroom condo listed for sale at $424,990, which is $14,490 (3.5%) higher than the average sold price of $410,500 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 1 bedroom condo in Lincoln increased by $5,500 (1.4%) compared to the previous 30 day period (February 29 - March 29) and down $27,400 (6.3%) from the same time one year ago.
Inventory Change
There were 2 1-bedroom condos listed in Lincoln over the last 30 days (March 30 - April 28), which is down 33.3% compared with the previous 30 day period (February 29 - March 29) and down 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Lincoln typically sold ($3,500) (0.9%) below asking price over the last 30 days (March 30 - April 28), which represents a $11,490 increase compared to the previous 30 day period (February 29 - March 29) and ($12,090) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Lincoln over the last 30 days (March 30 - April 28) stood at 50.0%, up from 33.3% over the previous 30 days (February 29 - March 29) and down from 75.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Lincoln stood at 34 days when successfully sold over the last 30 days (March 30 - April 28), compared to 52 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
Similar Listings
5055 Greenlane Rd 407, Lincoln
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Nestled in the heart of small town Beamsville, this beautiful unit with nine-foot ceilings and Lake facing views offers an open concept kitchen and living room. This charming condo is complete with a large bedroom, 4pc bathroom, an office space, in-suite washer dryer as well as a beautiful balcony facing Lake Ontario. This condo is equipped with one underground parking spot very close to the elevator as well as locker both owned. The entire building offers geothermal heating as well cooling keeping down the costs. This building offers a party room, exercise room, rooftop patio on the same floor with amazing views of the escarpment.
5055 Greenlane Rd 229, Lincoln
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Welcome to Utopia Condos unit 229. A beautifully modern and fully furnished one bedroom + den in Beamsville. As you walk in you are welcomed by an open concept kitchen/living area. With a well appointed bedroom, a den that can be used as an additional bedroom or office, and large 4-piece bath, this is perfect for a professional or couple.
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