TownhouseOn market 48 days

4040 Mountain St #42, Lincoln

Name: 4040 Mountain Street, Unit 42
SKU: X13760402
Price: 499900 CAD
Availability: InStock

Lincoln, ON · · MLS® X13760402Updated September 9, 2026

$499,900Est. $2,456/mo mortgage

Bedrooms: 3
Bathrooms: 2
Living space: 1100–1500sq ft
Parking spaces: 2

Type Townhouse
Garage Yes
Basement None

What you should know

4040 Mountain St #42 is a 3-bedroom, 2-bathroom townhouse in Lincoln, listed for $499,900. It has 1100-1500 sq ft of living space.

Offering 1,237 sq. ft. of thoughtfully designed living space across three levels, this home blends contemporary style with an efficient, well-planned layout ideal for today's lifestyle.
The bright, open-concept main level is enhanced by 9' ceilings, stylish vinyl flooring, and a sleek kitchen finished with quartz countertops and modern cabinetry.
A spacious deck extends off the kitchen and living area, providing the perfect space for outdoor dining, relaxing, or entertaining.

Ask Zara:

3 Bed, 2 Bath Townhouse in Lincoln

Unit 42 at 4040 Mountain Street

Introducing the Esprit model, a beautifully appointed 3-bedroom, 2.5-bathroom townhome set within Losani Homes' sought-after Benchmark Community. Offering 1,237 sq. ft. of thoughtfully designed living space across three levels, this home blends contemporary style with an efficient, well-planned layout ideal for today's lifestyle. The bright, open-concept main level is enhanced by 9' ceilings, stylish vinyl flooring, and a sleek kitchen finished with quartz countertops and modern cabinetry. A spacious deck extends off the kitchen and living area, providing the perfect space for outdoor dining, relaxing, or entertaining. The ground floor bonus area adds extra flexibility, ideal for a home office, den, or additional living space. Additional upgrades and conveniences include quartz countertops in the baths, air conditioning, vinyl-finished entry stairs, a garage man door, and premium modern finishes throughout. Move-in ready in as little as 30 days, this stylish new-build offers an exceptional opportunity to enjoy low-maintenance living in a well-connected community, just steps from schools, parks, trails, wineries, and everyday amenities.

3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $454 per square foot. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.

Inside 4040 Mountain St #42

Every detail from the listing, in one place.

Type: Townhouse
Style: 3-Storey
Living space: 1100-1500 sq ftas stated on the listing
Parking: 2 spacesYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 2

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 3-Storey
Property class: Att/Row/Townhouse

4040 Mountain St #42 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 8, 2026For saleListedThis listingMLS® X13760402$499,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 4040 Mountain St #42 Compares to the Lincoln Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 241 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Lincoln market, last 90 days

Median sold price: $700,000
Average sold price: $769,336
Average days on market: 38
Homes sold: 153

Closed sales on the TRREB MLS®.

Full Lincoln market report

Recently sold nearby in Lincoln

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 42 — 4040 Mountain Street 3 bd · 2 ba · 1,100 sqft	$499,900asking	$454	—	—
4873 Adam Court 3 bd · 2 ba · 1,100 sqft
4838 Adam Court 3 bd · 2 ba · 1,100 sqft
4345 Beverley Crescent 2 bd · 1 ba · 1,100 sqft
4480 Weltman Way 3 bd · 2 ba · 1,500 sqft
5000 Desantis Drive 3 bd · 2 ba · 1,100 sqft
4173 Cherry Heights Boulevard 3 bd · 2 ba · 1,500 sqft

4873 Adam Court
3 bd · 2 ba · 1,100 sqft
4838 Adam Court
3 bd · 2 ba · 1,100 sqft
4345 Beverley Crescent
2 bd · 1 ba · 1,100 sqft
4480 Weltman Way
3 bd · 2 ba · 1,500 sqft
5000 Desantis Drive
3 bd · 2 ba · 1,100 sqft
4173 Cherry Heights Boulevard
3 bd · 2 ba · 1,500 sqft

Living in Lincoln: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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How long is your commute?

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Costs, Mortgage & Rental Return for 4040 Mountain St #42

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,456; 20% down · 25 years · 5.5% assumed
Property tax: $275; 0.66% mill rate · ON
Total per month: $2,731; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,456

/mo

based on the purchase price of $499,900

Down payment20%

$99,980 cash

Amortization25 yr

$399,920 financed

Rate5.50%

$336,838 total interest

Principal54%$399,920

Interest46%$336,838

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Listing brokerage: RIGHT AT HOME REALTY, BrokerageMLS® X13760402 · Listing data last updated September 9, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Sep 7· $454/sq ft

Estimated monthly mortgage$2,456/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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