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For sale
    • C$1,099,900

    256 Lincoln St, Welland, ON L3B 4N1

    --beds
    0baths
    3,028sqft
    Multi-5 Unit, Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$363/sqft
    C$-- HOA

    What's special

    Updated flooringFresh paintOn site parking
    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.
    67 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Eli Milenkoff, Broker,

    Real Broker Ontario Ltd.

    Source: ITSO,MLS®#: 40829972Originating MLS®#: Cornerstone Association of REALTORS®

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Other
      Appliances
      • Laundry: Coin Operated, Shared
      Features
      • Separate Hydro Meters
      • Basement: Separate Entrance,Walk-Out Access,Partial,Partially Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 3,028
      • Total interior livable area: 3,028 sqft
      • Finished area above ground: 3,028
      Video & virtual tour

      Property

      Parking
      • Total spaces: 9
      • Parking features: Detached Garage, Asphalt, Outside/Surface/Open
      • Garage spaces: 2
      • Uncovered spaces: 7
      Features
      • Patio & porch: Patio
      • Exterior features: Lighting, Private Entrance, Separate Hydro Meters
      • Frontage type: North
      • Frontage length: 52.83
      Lot
      • Size: 5,383 Square Feet
      • Dimensions: 52.83 x 100
      • Features: Rectangular, Hospital, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, School Bus Route, Schools, Shopping Nearby
      Details
      • Additional structures: Shed(s), Storage
      • Parcel number: 641090055
      • Zoning: RL2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi-5 Unit, Multi Family
      Materials
      • Block, Shingle Siding, Stucco, Wood Siding
      • Foundation: Concrete Block
      • Roof: Asphalt Shing, Membrane
      Condition
      • 51-99 Years
      • New construction: No

      Utilities & green energy

      • Sewer: Sewer (Municipal)
      • Water: Municipal

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector, Carbon Monoxide Detector(s), Other
      Location
      • Region: Welland

      Financial & listing details

      • Price per square foot: C$363/sqft
      • Annual tax amount: C$3,632
      • Date on market: 5/14/2026
      • Inclusions: Carbon Monoxide Detector
      Eli Milenkoff, Broker

      Eli Milenkoff, Broker

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        Price history

        DateEventPrice
        6/12/2026Listed for saleC$1,099,900C$363/sqft
        Source: TRREB #X13125466 Report a problem
        6/2/2026ContingentC$1,099,900C$363/sqft
        Source: TRREB #X13125466 Report a problem
        5/14/2026Listed for saleC$1,099,900C$363/sqft
        Source: ITSO #40829972 Report a problem

        Public tax history

        Tax history is unavailable.

        Climate risks

        Neighborhood: L3B

        Getting around

        80 / 100
        Very Walkable
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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