




5039 Albert Street, Lincoln, ON
L0R 1B0
Listed October 26, 2026
Property Tour
About this property
Opportunity is Knocking in a Highly Desirable Location! Welcome to this charming raised bungalow offering incredible potential for those looking to make a home their own. Whether you're searching for a place to call home, accommodating multi-generational living, or exploring an investment opportunity, this property offers a versatile layout and a wonderful foundation to bring your vision to life. Situated on a quiet, family-friendly street just below the escarpment, this home enjoys a sought-after location close to everyday conveniences. The main floor offers a bright, open layout filled with natural light, featuring three well-sized bedrooms, a full bathroom, and convenient access to the attached garage, complete with impressive 11-foot ceilings and ample storage space. The fully finished lower level adds valuable living space, featuring a spacious open-concept living area, an additional bedroom, a bathroom, and a utility room with laundry and additional storage. A walkout provides direct access to the fully fenced backyard, creating a seamless connection between indoor and outdoor living as well as the future potential for an in-law set up. Step outside to enjoy a concrete patio, an additional seating area, and open greenspace, offering plenty of room to relax, entertain, or enjoy time with family and friends among the mature landscape. Ample parking adds to the home's everyday practicality. With a functional layout, flexible living space, and the opportunity to personalize and add value, this property is full of possibilities. Enjoy being steps away from an elementary school just down the street, all major amenities, and the downtown core within walking distance, and easy access to the QEW. Offering a desirable location and a fantastic footprint to build upon, this is an opportunity you won't want to miss. Come discover the possibilities and imagine the potential!
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 5039 Albert Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$124,980 · Minimum $37,490
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2026 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$4,132/mo
About $49,584 a year
- $2,764
- $392
- Home insurance$125
- Utilities$330
- Maintenance & repairs$521
Cash needed to close
- Down payment (20%)
- $124,980
- Ontario land transfer tax
- $8,973
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $136,453
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
5039 Albert Street, Lincoln, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: October 26, 2026
Listing Office: ROYAL LEPAGE NRC REALTY
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