$ 1,049,900
256 Lincoln Street
256 Lincoln Street, Welland, ON L3B4N1 Photo 1
45 Photos
256 Lincoln Street, Welland, ON L3B4N1 Photo 2
256 Lincoln Street, Welland, ON L3B4N1 Photo 3
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256 Lincoln Street, Welland

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:1945)
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Property details for 256 Lincoln Street, Welland

Type
Multi-family
Bedrooms
9
Bathrooms
5
Lot Size
52.8 x 100 FT
Stories
2
Basement
Partially finished, Separate entrance, Other, See Remarks, N/A, N/A, N/A
Parking
Detached Garage, Garage
Heating
Forced air, Natural gas
Exterior
Stone
Annual Taxes
$3,632 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 256 Lincoln Street

Active Listings
2
Min Price
$1,049,900
Max Price
$1,049,900
Avg Price
$1,049,900
Days on Market
153
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Neighbourhood Census Data

Welland, Ontario

Population
464
Median Age
50.3
Median Income
$26,912
Dwelling Value
$129,781

Housing Tenure

Owners 69%
Renters 26%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.3
Pop. Density: 4,135.5/km²
Avg Shelter Cost: $950/mo
Owners with Mortgage: 64%
Owners Spending 30%+: 16%
Tenants Spending 30%+: 66.7%
English only: 88.2%
French only: 1.1%
English and French: 10.8%
Neither: 1.1%
Median Household Income: $45,781
Median Employment Income: $28,672

Price History

Listed
May 14, 2026
by REAL BROKER ONTARIO LTD.
Current Price
$1,049,900
-4.5% from last change
Type
Multi-family
For Sale
Price Changes
1
Date Price Change
Current $1,049,900 $50,000 (-4.5%)
Aug 31, 2026 $1,099,900 Listed

Contact Agent Get in touch about 256 Lincoln Street, Welland

Eli Milenkoff
Eli Milenkoff
REAL BROKER ONTARIO LTD.

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