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Listed price in listed location currency (CAD).
$1,099,900

009

MLS® 40829972

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3028 sqft
Garage Yes
Taxes $3,632
Days Active 1
Lot Size 
Approx. Age 
Avg. Price Per Sqft $363
MLS® Number 40829972

Property Address: 256 Lincoln St, Welland, ON, L3B4N1

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number40829972
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementSeparate Entrance, Walk-Out Access, Partial, Partially Finished
DrivewayDetached Garage, Asphalt
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 14, 2026List Date
$1,099,900List Price
  • Commute

Commute

Starting Address
Destination Address
256 Lincoln St, Welland, ON

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