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256 LINCOLN STREET, Welland (Welland Downtown)
2026-05-14
Quick Summary
MLS®#X13125466
Property 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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Hospital, Place of Worship, Public Transit, Schools
Building
- Amenities: Separate Electricity Meters
- Basement Development: Partially finished,Other, See Remarks
- Basement Features: Separate entrance
- Basement Type: N/A, N/A (Partially finished), N/A (Other, See Remarks)
- Exterior Finish: Stone
- Fireplace: No
- Interior Size: 3000 - 3500 sqft
- Building Type: Other
- Stories: 2
- Utility Water: Municipal water
Land
- Land Size: 52.8 x 100 FT
- Sewer: Sanitary sewer
Structure
- Structure: Patio(s), Deck, Shed
Zoning
- Description: RL2
Information entered by REAL BROKER ONTARIO LTD.
Listing information last updated on: 2026-05-15 17:58:08
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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