5055 Greenlane Road Unit 601, Lincoln, ON
L3J 2J3
See all units in this building (7 for sale) · 5055 Greenlane Road
Listed November 6, 2026
About this property
Welcome to Utopia Condos in the charming community of Beamsville! This beautifully designed 1-bedroom plus den suite offers 599 sq. ft. of thoughtfully planned living space, complemented by a spacious 76 sq. ft. private balcony. Featuring a modern kitchen with stainless steel appliances and stylish backsplash, this suite offers a perfect blend of comfort, functionality and contemporary living. The versatile den is ideal for a home office or additional living space. Enjoy the added convenience of 1 underground parking space and 1 locker. An excellent opportunity to enjoy modern condo living in a desirable Beamsville location, close to everyday amenities, shopping, dining and major commuter routes.Tenants to pay all Utilities including Hot water Tank Rental.Building Amenities w/ Gym, Roof Top Terrace, Party Room and More
Features
Property Details
Listing
Property
Condo / Building
Location
Taxes & Financials
Carrying Costs Calculator
What it could cost each month to rent 5055 Greenlane Road Unit 601 — rent, utilities, tenant insurance, internet and parking — plus the cash you’ll need to move in. Change any number to match your situation.
Rent
From the listing.
Utilities
Not clear from the listing — a typical bill. Ask the landlord.
Not clear from the listing — a typical bill. Ask the landlord.
Not clear from the listing — a typical bill. Ask the landlord.
Many Ontario homes rent their water heater — add it if the landlord passes it on.
Other monthly costs
Typical in Ontario — many landlords require it.
A typical plan in the area.
Add it if parking costs extra.
Coin laundry, a storage locker or other regular costs.
Moving in
Refundable when you return the keys — ask the landlord for the amount.
A typical local move with movers — less if friends help.
Account opening and installation fees.
Estimated monthly carrying cost
$2,155/mo
About $25,860 a year
- Rent$1,900
- $150
- Tenant insurance$30
- Internet$75
Cash needed to move in
- First month's rent
- $1,900
- Last month's rent deposit
- $1,900
- Key / fob depositRefundable
- $100
- Moving & set-upEstimate
- $1,400
- Total
- $5,300
Your first 12 months
- Rent and monthly costs12 months
- $25,860
- Moving & set-up
- $1,400
- Total
- $27,260
Deposits aren’t an extra cost: the last-month deposit pays your final month and the key deposit comes back when you return the keys.
Planning ahead
- Household income to keep rent + utilities at 30%CMHC's affordability guideline — landlords often use a similar test
- $82,000/yr
- Highest rent at your first renewalOntario's 2027 guideline (1.9%), once a year with 90 days' written notice. Units first lived in after November 15, 2018 aren't capped.
- $1,936/mo
Estimates only — not legal or financial advice. Deposits and rent increases follow Ontario’s Residential Tenancies Act; utilities, insurance, internet and moving costs are typical figures for the area. Confirm what the rent includes with the landlord before you sign.
Location & Walkability
5055 Greenlane Road Unit 601, Lincoln, ON
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Last Updated: November 6, 2026
Listing Office: RE/MAX REAL ESTATE CENTRE INC.
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