A unique 4.83-acre live/work agricultural property combining 2 detached renovated residential homes (Home 1 is approx. 1700 sq ft & Home 2 is 1400 sq ft) with a substantial greenhouse operation, just west of Lincoln's urban edge with convenient QEW access. Designed for those who want to live and run a business on the same site, it offers multiple income possibilities, established agricultural facilities, and room to expand over time.The residential component features 2 detached single-level brick bungalows, each offering 3 bedrooms and 2 full bathroom, with crawl space basements and attached garages. One home is further enhanced by an in-ground swimming pool, making the setup ideal for an owner-occupier, extended family, or rental use to help offset carrying costs, all within a short walk of the production facilities.The greenhouse complex, approximately 44,500 sq. ft., is configured for year-round production and consistent output. Heating is provided by a boiler system supplemented by upper and lower gas-fired heaters, with a generator connected to Enbridge gas to support continuous operation during power interruptions. The interior is organized into three distinct growing areas to accommodate different crops or stages of production and is managed by automated controls for climate and environmental conditions. Supporting structures include a dedicated cooler, packing area, loading and garage space, a private office connected directly to the greenhouse, and a separate staff lounge and lunch room, creating an efficient flow from cultivation through to shipping. Serviced by municipal water and natural gas, with a septic system and growing equipment included, this property presents an appealing opportunity for growers, agri-entrepreneurs, or investors seeking a diversified, income-producing agricultural asset.
6 bedrooms, 4 bathrooms, about 3,000 sq ft, works out to roughly $517 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 5220-5226 Greenlane Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
3000-3500 sq ftas stated on the listing
Parking
24 spacesYes garage
Basement
Crawl Space
Features & systems
Parking & garage
Garage
Yes
Parking spaces
24
Interior
Basement
Crawl Space
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
4.83
Listing & possession
Property style
Bungalow
Property class
Detached
5220-5226 Greenlane Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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Monthly cost
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An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$7,614
/mo
based on the purchase price of $1,549,888
$309,978 cash
$1,239,910 financed
$1,044,330 total interest
Principal54%$1,239,910
Interest46%$1,044,330
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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Similar homes for sale nearby in Lincoln
Other 5–6 bed homes for sale in Lincoln around $1.5M.
Average days on market38Homes sold in about 38 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings192Homes for sale here right now.
Median vs prior 90 days−11.6%Compared with May 12 – Aug 10, 2026: prices down.
Based on 150 sales from Aug 10 – Nov 8, 2026 (102 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 5220-5226 Greenlane Rd
How much is 5220-5226 Greenlane Rd listed for?
5220-5226 Greenlane Rd is listed at $1,549,888 (MLS® X13465204). Summitly updates the price as soon as the MLS® record changes.
Is $1,549,888 a good price for 5220-5226 Greenlane Rd?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Lincoln. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 5220-5226 Greenlane Rd changed?
Yes — it was first listed at $1,649,000 and is now $1,549,888, a drop of $99,112 (6.0%).
How many bedrooms and bathrooms does 5220-5226 Greenlane Rd have?
5220-5226 Greenlane Rd has 6 bedrooms and 4 bathrooms, with about 3,000–3,500 square feet of living space. It is a detached home in Lincoln.
How much would the monthly mortgage be on 5220-5226 Greenlane Rd?
About $7,614 a month — principal and interest on $1,549,888 with 20% down ($309,978), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 5220-5226 Greenlane Rd compare with other homes in Lincoln?
Its asking price of $1,549,888 is about 130% above the median sold price in Lincoln over the last 90 days, $675,000, across 150 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 5220-5226 Greenlane Rd been sold before?
Summitly has no earlier MLS® sale or lease of 5220-5226 Greenlane Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5220-5226 Greenlane Rd?
5220-5226 Greenlane Rd is in Lincoln, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5220-5226 Greenlane Rd been on the market?
143 days — 5220-5226 Greenlane Rd was listed on June 18, 2026.
What is the price per square foot of 5220-5226 Greenlane Rd?
About $443 to $517 per square foot: the asking price of $1,549,888 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 5220-5226 Greenlane Rd have parking or a garage?
Yes — the listing gives 24 parking spaces. Garage: Yes.
Does 5220-5226 Greenlane Rd have a basement, and is it finished?
The listing describes the basement as: Crawl Space.