5055 Greenlane Road Unit 605, Lincoln, ON
L0R 1B3
See all units in this building (7 for sale) · 5055 Greenlane Road
Listed October 31, 2026
About this property
AFFORDABLE LEASE LUXURY! PENTHOUSE with SPECTACULAR Lake and Escarpment Views in the Luxurious UTOPIA Condominium. 180 Degrees Unobstructed Views! PRIME LOCATION in Building with Sunny West Exposure and Conveniently Located Close to Elevator. You will Love this Bright, Sleek & Stylish Suite with Balcony to Enjoy INCREDIBLE SUNSETS. Floor to Ceiling Windows Allow an Abundance of Natural Light. Open Functional Floor Plan with INCREDIBLE 10 Ft Ceilings is Ideal for Everyday Living. Modern White Kitchen Features Elegant Quartz Counters, Stainless Steel Appliances and Peninsula Seats 4. Vinyl Laminate Floors Throughout. Upgraded In-suite Laundry. Many Other UPGRADES! 1 Locker & 1 Exclusive Underground Parking. GEOTHERMAL Heating/Cooling System Reduces Utility Costs. FABULOUS ROOFTOP TERRACE. GORGEOUS PRIVATE COURTYARD! Contemporary Party Room, Exercise Room & Bike Storage. Located in the Heart of Beamsville Close to the Best Vineyards and Wineries. Quick Access to the QEW. Steps away from a Future GO Transit Station. Close to Shops, Restaurants, Schools, Parks and Nearby Trail to the Escarpment. A Perfect Place to Find Your "Utopia"!
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 605 — 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
$2,205/mo
About $26,460 a year
- Rent$1,950
- $150
- Tenant insurance$30
- Internet$75
Cash needed to move in
- First month's rent
- $1,950
- Last month's rent deposit
- $1,950
- Key / fob depositRefundable
- $100
- Moving & set-upEstimate
- $1,400
- Total
- $5,400
Your first 12 months
- Rent and monthly costs12 months
- $26,460
- Moving & set-up
- $1,400
- Total
- $27,860
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
- $84,000/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.
- $1,987/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 605, Lincoln, ON
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Last Updated: October 31, 2026
Listing Office: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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