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Unit 617 at Utopia

Sold

5055 Greenlane Road 617, Lincoln, ON L0R 1B3

MLS #X8216566

$410,000

Sold on July 25, 2024

July 25, 2024

Originally listed at $424,990 55 days on market

About This Property

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.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($368/mo) and property tax ($2,374/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$773/sqft
981 - Lincoln Lake
$715/sqft+8.2%
Lincoln
$359/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 550 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

500-599 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeNone
LockerYes
Heating TypeOther
StyleApartment
Ensuite LaundryNo
Corp #TSCC-339
MLS Size500-599
Listed OnApr 8, 2024
Maintenance Fees$368/month
Property Tax$2,374/year

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Rooms

NameSize (m)Size (ft)Features
Bedroom(Main)3.23 x 2.7710.6 x 9.1-
Den(Main)2.21 x 2.087.3 x 6.8-
Living Room(Main)4.47 x 3.314.7 x 10.8-
Kitchen(Main)2.44 x 2.318.0 x 7.6-

Room Dimensions Available

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Unit 617 History

Complete transaction history for this unit

Sold

Sold: Dec 3, 2025

$393,000

-$6,000 (-1.5%)

Listed: $399,00025 days on marketSale
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Price History

Original List Price

$424,990

Listed on Apr 8, 2024

Sold Price

$410,000

Sold on Jul 25, 2024

-$14,990

-3.5%

55 days on market

Price History Available

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Available For Sale in This Building

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameUtopia
Address5055 Greenlane Road, Lincoln
Parking TypeNone

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About Unit 617 at Utopia

Unit 617 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 500-599 square feet located at Utopia, 5055 Greenlane Road, Lincoln. This unit is currently sold (sold for $410K).

About Utopia

Utopia is located at 5055 Greenlane Road, Lincoln. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

981 - Lincoln Lake Neighbourhood

This unit is located in 981 - Lincoln Lake, part of Lincoln in the Niagara area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Utopia, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 617 Utopia Lincoln

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