Room 1
Level not provided
256 Lincoln St
Welland Downtown, Welland, Ontario L3B 4N1
Description
A turnkey, income generating property in the heart of Welland. This exceptionally well maintained, 5-unit residential apartment building sits in a highly desirable central location, offering strong rental appeal and long-term value, with significant recent capital improvements including a new hot water heating system (2024), newer vinyl thermo windows 2018, and with on-site laundry for all tenants. Most units feature updated flooring and fresh paint, while the exterior stucco 2021 is in excellent condition reflecting the pride of ownership. Tenants benefit from an unbeatable location within walking distance to a major shopping plaza on Lincoln St., two elementary schools, the scenic Welland Canal walking and cycling paths, and vibrant downtown amenities. This property is also serviced by the Niagara Region wide bus route, making it attractive to a broad tenant base. Additional highlights include separate hydro meters, on site parking, and a double car garage at the rear of the property with the potential to generate an additional $1,200 annually by renting out half the garage space. Currently tenanted by quality, reliable residents, this solid and centrally located multi-unit investment asset represents a rare find in one of Niagara's growing communities.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13125466
- Board
- TRREB MLS®
- Days on market
- Tax
- $3,632
- Size
- 3000-3500 sqft
- Lot
- 52.83 × 100 Feet
- Parking
- 2 Detached, 9 Parking
Listing History
Buy/Sell history for 256 Lincoln St, Welland, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,049,900 | N/A | Pc | X13125466 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Multiplex
- Style
- 2-Storey
- Community
- Welland Downtown
- Municipality
- Welland
Inside
- Bedrooms
- 9
- Bathrooms
- 5
- Bathroom Detail
- 1, 4pc
- Bathroom Detail
- 1, 3pc
- Bathroom Detail
- 1, 3pc
- Bathroom Detail
- 1, 3pc
- Bathroom Detail
- 1, 3pc
- Basement Type
- Sep Entrance
- Kitchens
- 5
Utilities
- Water
- Municipal
- Cooling
- Other
- Heating Type
- Forced Air
Building
- Size
- 3000-3500 sqft
- Construction
- Stone
Parking
- Driveway
- Available, Private
- Garage Type
- Detached
- Garage
- 2
- Add. Parking
- 7
- Total Parking
- 9
Land
- Sewer
- Sewers
- Lot Size
- 52.83 × 100 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle, Membrane
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
13 records read 8 on record nearby 5 checked, none on recordRead 2026-10-28
Water and conservation
- No mapped wetland within 120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 1 test or monitoring hole also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 7.6 m.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 5.8 km
Province of Ontario open data
Around the home
- Nearest rail line: 320 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Canada Forgings Inc. — Open Die Plant, 620 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Welland Hydro-Electric System Corp.
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Niagara Regional Broadband Network. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$4,813
- Down payment$209,980
- Mortgage amount$839,920
- Total interest$603,980
- Total cost$1,653,880
Cash flow analysis
$4,813
Total monthly payment
$5,116
Break-even down payment
100%
Cash flow-$5,116
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$1,049,900
$1,049,900
CAD
Estimated market value
Inquire about this listing
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