For Sale

5226 Greenlane Road Unit# 5220, Lincoln, Ontario L0R 1B3

$1,820,000

5226 Greenlane Road Unit# 5220, Lincoln, Ontario L0R 1B3 is For Sale and has a listing price of 1,820,000. The property is located in the Lincoln . It's been on the website for 73 Days.

  • Farm
    Property Type
  • MLS ID: X9512727
  • Office Name ROYAL LEPAGE TERREQUITY REALTY
Property Description

Welcome to 5220-5226 Greenlane, a stunning 4.8-acre property strategically positioned between Grimsby and Beamsville, near the escarpment and Lake Ontario. This prime location, close to the QEW and with over 400 feet of frontage on Greenlane Rd, offers immense potential. The property features a vast greenhouse facility with nearly 44,500 square feet of space, perfect for horticultural/agricultural projects. The facility includes a cooler, three heated garages accommodating four vehicles, and a workshop. Also, there are two charming detached homes – a 1,706 SQFT residence built in 1968 and a fully renovated 1,388 SQFT home from 1967. Enjoy the heated, inground pool during summer days. This is an exceptional opportunity for entrepreneurs to run a business on-site or for investors to hold until the land can be developed. In the meantime, the property can generate income by renting the homes, greenhouse, and land, which could potentially grow apples, peaches, plums, wine grapes, or other produce. The property has municipal water, natural gas, and is on a septic system. Beamsville, a rapidly expanding town, connects with Grimsby through Greenlane, bringing great traffic for a business. Plus, Metrolinx plans to develop a GO station within walking distance in a few years, making it ideal for Toronto commuters. The possibilities are endless! All information to be verified by the buyer or the buyer’s agent.

Property Details
  • MLS ID: X9512727
  • Price: $1,820,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: X9512727
  • Year Built: N/A
  • Dir / Cross St: Greenlane & Lincoln Ave
  • Status: Active
  • Tax Year: 2023
  • Property Type: Farm
  • Property Type: Commercial
  • Property Sub Category: Agriculture
Price History
List Date MLS ID List Price Status End Date Closed Price
04/17/2025 X12089894 $1,820,000 Sold 06/13/2025 $1,638,000
10/26/2024 X9512727 $1,820,000 For Sale - -
10/26/2024 202507997 $1,820,000 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Lincoln
  • $1,157,274 Average List Price
    based on 1 year
  • 18 New Listings
    based on 30 days
  • 86 Median Days on Market
    based on 1 year
  • List vs. Selling Price 99.45 % Up
  • Sold (12mo) 156
  • Rented (12mo) 57

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 65 Walk Score
    Somewhat Walkable
  • 51 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    74.88%
  • Commercial
    8.2%
  • Condo
    16.51%
  • Land for Sale
    0.4%
Additional Details
  • Garage Type Other
  • Parking Spaces: 24
  • Taxes: $5,085
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 26/10/2024 19:20:57
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