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$1,099,900
Ontario,Welland
For Sale Active
256 LINCOLN Street, Welland, Ontario L3B4N1
  • 3,028 Sqft
Basic Details
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. (id:62783)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 40829972
  • Price: $1,099,900
  • Square Footage: 3,028 Sqft
  • Status: Active
  • Property Sub Type: Multi-family
  • Office Key: 292003
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Basement: Partially finished, Partial
  • Parking: Detached Garage, Open
  • Exterior Features: Wood, Stucco, Concrete, Shingles
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Welland, 773 - Lincoln/Crowland, L3B4N1
  • Street: LINCOLN
  • Street Number: 256
  • Street Suffix: Street
  • Longitude: W80° 45' 17.2''
  • Latitude: N42° 59' 3.7''
Additional Information
  • Water Source:
  • Community Features:
  • Construction Materials:
  • Foundation Details:
  • Lot Features:
  • Stories: 2.0
Financial
  • Tax Annual Amount: 3632
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Listing updated: 2026-05-14 20:13:09
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Listing Information
  • List Agent Key: 1659687
  • List Office Key: 292003
  • Modification Timestamp: 2026-05-14T01:00:52Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-05-14T00:50:12Z
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Listing updated: 2026-05-14 20:13:10
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