Welland Real Estate
256 LINCOLN Street
Welland
L3B 4N1
$1,099,900
Multi-family
beds: 0
baths: 0.0
3,028 sq. ft.
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- 40829972
- Photos (48)
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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:2493)
- Property Type:
- Multi-family
- Common Interest:
- Freehold
- Total Living Area:
- 3,028 sq. ft.
- Finished Area Above Grade:
- 3,028 sq. ft.
- Zoning:
- RL2
- Taxes:
- $3,632 / -
- Community:
- 773 - Lincoln/Crowland
- Exterior Features:
- Concrete, Wood, Stucco, Shingles
- Community Features:
- School Bus
- Security Features:
- Unknown
- Bedrooms:
- 0
- Bathrooms:
- 0.0
- Construction Material:
- Wood frame, Concrete block, Concrete Walls
- Fireplace:
- No
- Foundation:
- Block
- Heating:
- Forced air, Natural gas
- # Storeys:
- 2.0
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Basement:
- Partially finished, Partial
- Lot Frontage:
- 53'
- Lot Features:
- Southern exposure, Paved Driveway, Laundry- Coin operated
- Parking:
- Detached Garage, Open
- Total Parking Spaces:
- 9
-
Photo 1 of 48 -
Two-story commercial building featuring a stucco exterior finish and multiple windows on each level
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Paved parking area featuring a detached two-car brick garage, light-toned stucco exterior, and an upper-level patio with wood railing
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Two-story commercial building featuring stucco exterior with decorative cornices
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Open-concept living space featuring wood-finish flooring, recessed lighting, and a neutral wall palette
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Kitchen featuring wood-finish cabinetry, dark countertops, and light-toned backsplash
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Open-concept living space featuring wood-finish flooring, recessed lighting, and a kitchen with wood cabinetry and a white appliance suite
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Open-concept living space featuring a kitchen peninsula with a dark countertop, recessed lighting, and a neutral color palette
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Open-concept living area featuring light-toned walls, wood-finish flooring, and a ceiling-mounted light fixture
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Living area featuring wood-finish flooring and light-toned walls
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Kitchen featuring wood-finish cabinetry, a white gas range with overhead microwave, and stone-finish countertops
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Kitchen area featuring natural wood cabinetry, integrated appliances, recessed lighting, wood-finish flooring, and a white refrigerator
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Bedroom featuring light-toned walls, wood-finish flooring, and multiple window openings with curtain rods
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Light wood-finish flooring complements the neutral wall color
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Image quality insufficient for description
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Light-toned walls with contrasting white trim, wood-finish flooring, and vaulted ceiling detail
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Bathroom with a tiled shower stall and a dark wood-finish vanity featuring a black countertop
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Spacious room featuring wood-finish flooring, light-toned walls, and recessed lighting
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Spacious room featuring light-toned walls, wood-finish flooring, a wall-mounted shelf, and an interior door opening to an additional area
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Open-concept living area with light-toned walls and wood-finish flooring
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Bright interior space featuring wood-finish flooring, white walls, and two windows with white trim
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Interior room featuring wood-finish flooring, white painted walls, and a window with white trim
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Kitchen with white cabinetry, a stainless steel sink, and light-toned countertop
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Kitchen featuring white cabinetry with silver-tone hardware, a stainless steel sink, beige tiled backsplash, and light-toned tile flooring
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Photo 25 of 48
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side entrance to unit
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Kitchen space featuring white cabinetry, a double basin stainless steel sink, a tiled backsplash, and light-toned floor tiling
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Bathroom featuring a pedestal-style sink with a vanity cabinet, chrome faucet, and mirrored medicine cabinet
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Tiled shower enclosure featuring a handheld showerhead, wall-mounted faucet, and a clear glass door
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Basement area featuring a concrete floor, painted concrete walls, exposed ceiling joists, and a horizontal sliding window
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Concrete walls with an exposed wood beam ceiling and a light fixture
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Unfinished basement space featuring exposed wooden ceiling joists, concrete block walls, painted concrete flooring, and visible plumbing and electrical lines
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Utility room featuring a washer and dryer, exposed piping, painted concrete floor, and small windows
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Spacious basement area featuring a washer and dryer, painted concrete flooring, exposed overhead piping, and a visible staircase
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Basement utility area featuring a washer and dryer, exposed ceiling pipes, and a concrete floor
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Camera Security system
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Utility area featuring a wall-mounted heating unit, an insulated hot water tank, exposed ceiling joists, and a painted concrete floor
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Basement utility area featuring a wall-mounted boiler system and extensive plumbing
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Hydro Wall
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Hydro for building
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Spacious lower level featuring an exposed ceiling, painted concrete flooring, and a utility sink area
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Unfinished basement featuring exposed ceiling joists, concrete flooring, pegboard wall storage, overhead lighting, and a utility sink
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Basement featuring exposed ceiling joists, painted concrete walls, and a light gray finished floor
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Aerial perspective highlighting the property's proximity to a major thoroughfare and a commercial district
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Aerial perspective showcasing the property's corner lot location
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Front of property from Air
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Two-story mixed-use building featuring a flat roofline and light-colored exterior
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Corner lot property featuring a brown shingle roof, a flat roof section, paved parking areas, and surrounding green lawn space
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Listed by Real Broker Ontario Ltd.
Data was last updated May 15, 2026 at 12:45 PM (UTC)
Area Statistics
- Listings on market:
- 19
- Avg list price:
- $549,900
- Min list price:
- $399,900
- Max list price:
- $3,600,000
- Avg days on market:
- 15
- Min days on market:
- 1
- Max days on market:
- 212
- Avg price per sq.ft.:
- $223.3
These statistics are generated based on the current listing's property type
and located in
773 - Lincoln/Crowland. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- KRISTIN DEDIVITIIS
- RE/MAX GARDEN CITY
- 1 (905) 6874632
- Contact by Email
- Judy Sweeting
- RE/MAX GARDEN CITY
- 905-945-0660
- Contact by Email
