256 Lincoln Street, Welland, ON L3B 4N1
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 256 Lincoln Street, Welland, ON L3B 4N1
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MLS# X13125466
Listed by REAL BROKER ONTARIO LTD.
On market since May 14, 2026
What comparable homes actually sold for in the last 12 months.
256 Lincoln Street, Welland, ON L3B 4N1 is listed for $1,099,900 CAD.
256 Lincoln Street, Welland, ON L3B 4N1 has 9 bedrooms and 5 bathrooms.
256 Lincoln Street, Welland, ON L3B 4N1 is a Multiplex.
256 Lincoln Street, Welland, ON L3B 4N1 is in Welland, Ontario.
256 Lincoln Street, Welland, ON L3B 4N1 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 256 Lincoln Street, Welland, ON L3B 4N1 (MLS# X13125466). You can also send a message through the contact form on this site.
