256 Lincoln Street, Welland, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Welland Downtown. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $1,099,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 9 Bedrooms and 5 Bathrooms with 5 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 52.83 x 100 ft lot
- Features a separate entrance, partially finished, other basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Separate Hydro Meter
- equipped with other central cooling and highly efficient forced air heating via gas
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.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This multiplex located at 256 Lincoln Street, Welland is currently for sale and has been available on SousaSells for 108 days. This property is listed at $1,099,900 with an estimated mortgage of $3,661* per month. It has 9 beds, 5 bathrooms, and is 3000-3500 square feet. 256 Lincoln Street, Welland is in the Welland Downtown neighborhood.
Work with the SOUSA TEAM to unlock your .
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 9 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Welland Downtown, Welland.
- •9 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •3000-3500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Welland Downtown, Welland.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Place Of Worship
- Public Transit
- School
Interior Features
- Separate Hydro Meter
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 256 Lincoln Street, Welland, ON
Q.What is the asking price for 256 Lincoln Street, Welland, ON ?
The current listing price for 256 Lincoln Street, Welland, ON in Welland Downtown, Welland is $1,099,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 9 bedrooms and 5 bathrooms across approximately 3000-3500 sqft.
Q.What property type and architectural style is 256 Lincoln Street, Welland, ON ?
256 Lincoln Street, Welland, ON is a Multiplex (2-Storey) featuring a Separate Entrance, Partially Finished, Other basement.
Q.What key property features does 256 Lincoln Street, Welland, ON offer?
Key property features include: Hospital, Place Of Worship, Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: Separate Hydro Meter.
Q.Is parking available at this property?
Yes, this property offers parking space for 9.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Other.
Virtual Tour & 3D Walkthrough
Location
Google Street View
Open in Google MapsNeighborhood Safety & Crime Analytics
Welland Downtown, Welland
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 256 Lincoln Street, Welland, ON L3B 4N1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Welland.
Configure Loan Settings
About Purchasing a Home in Welland, ON
For a property listed at $1,099,900 in Welland, the legal minimum down payment is $219,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $18,473 for this transaction. As this listing is in Welland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $18,473.
Similar Listings in Welland Downtown, Welland
Explore all Just Listed Homes in Welland →
Welland Downtown, Welland Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Welland Downtown, Welland.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Best Schools in Welland Downtown, Welland
Elementary Schools
Secondary Schools
Welland Downtown, Welland Demographic Home information
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
Similar Active Listings in Welland
Compare prices, square footage, and school zones for similar Residential Freehold nearby
156 Shoreview Drive, Welland
Stunning, private views of the canal from this gorgeous Builder Show Home! Home is loaded with over ...
239 Midland Place, Welland
This custom built beauty offers 2,746 sq. ft. of beautifully designed living space + an additional 1...
229 Midland Place, Welland
This spacious 2,750 sq. ft. custom home in WaterView Estate is located right beside Hunters Point, w...
214 Cardinal Crescent, Welland
Welcome to this stunning 3 bedroom, + loft Harvest Estates home, built in 2016 and situated on a rar...