256 Lincoln St
Welland Downtown, Welland, Ontario L3B 4N1
- Bedrooms
- 9
- Bathrooms
- 5
- Size
- 3,000–3,500sq ft
- Per sq ft
- $323at the range’s middle
- Lot
- 52.83 x 100 ft
- Tax a year
- $3,6322026 tax year
- Parking
- 92 detached
- Days on market
- Members
The brief
About 256 Lincoln St
256 Lincoln St is a 9-bedroom, 5-bathroom multiplex in Welland Downtown, Welland, listed for sale at an asking price of $1,049,900 (MLS® X13125466).
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.
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,632 / 2026
- MLS® number
- X13125466
- Board
- TRREB MLS®
- Property Type
- Multiplex
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 52.83 x 100 ft
- Listed on
- Parking
- 2 Detached, 9 Parking
Property details
Property
- Property Type
- Multiplex
- Style
- 2-Storey
- Community
- Welland Downtown
- Municipality
- Welland
Building
- Size
- 3000-3500 sqft
- Construction
- Stone
Inside
- Bedrooms
- 9
- Bathrooms
- 5
- Bathroom Details
- 1 × 4pc, 1 × 3pc, 1 × 3pc, 1 × 3pc, 1 × 3pc
- Basement Type
- Separate Entrance
- Kitchens
- 5
Parking
- Driveway
- Available, Private
- Garage Type
- Detached
- Garage
- 2
- Additional Parking
- 7
- Total Parking
- 9
Utilities
- Water
- Municipal
- Cooling
- Other
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 52.83 ft
- Depth
- 100 ft
- Lot Size
- 52.83 x 100 ft
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle, Membrane
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
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 |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,049,900 | N/A | Pc | X13125466 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $209,980
- Total mortgage amount
- $839,920
- Total interest payment
- $597,080
- Total purchase cost
- $1,646,980
- Mortgage payment
- $4,790/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$5,093- Rent $0
- Shortfall $5,093
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $17,473
- Total land transfer tax
- $17,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $13,473
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,049,900
- $12,998
- Ontario total
- $17,473
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
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.
The land
Lot
- Lot area
- 5,283 sq ft491 m²
- Street frontage
- 52.83 ft16.1 m
- Depth
- 100 ft30.5 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 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.250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 5.8 km5.8 km
Province of Ontario open data
Around the home2
- Nearest rail line: 320 m320 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 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.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Welland Hydro-Electric System Corp.At the address
- 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.At the 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.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Plymouth Public SchoolDSB Niagara | Public · grades JK–8 | 150 m | 100%Grade 6 average |
| St Mary Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 400 m | 69%Grade 6 average |
| École élémentaire Franco-NiagaraConseil scolaire Viamonde | French-language public · grades JK–6 | 1 km | 72%Grade 6 average |
| Princess Elizabeth Public SchoolDSB Niagara | Public · grades JK–8 · French Immersion | 1 km | 76%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Eastdale Secondary SchoolDSB Niagara | Public · grades 9–12 | 1.7 km | 43%Grade 9 math |
| École secondaire Franco-NiagaraConseil scolaire Viamonde | French-language public · grades 9–12 | 1.8 km | 48%Grade 9 math |
| Notre Dame College SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 1.8 km | 56%Grade 9 math |
| Welland Centennial Secondary SchoolDSB Niagara | Public · grades 9–12 · French Immersion | 2.9 km | 65%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Welland Downtown are shown to signed-in members.