$1,099,900
FOR SALE

Multiplex 2-Storey

Bedrooms: 9Bathrooms: 5Lot: 52.83 x 100 ft
2026 Taxes: $3,632

256 Lincoln St
Welland, ON L3B 4N1 | 768 - Welland Downtown | Niagara

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.
Extras
Separate Hydro Meter
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Listed By REAL BROKER ONTARIO LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13125466
Last Updated May 13, 2026
Property Summary
Property Type Multiplex

More like this:
PIN 641090055
Legal Description PT LT 26 PL 573 AS IN RO703390 ; WELLAND
Possession Date with tenants
Taxes (2026) $3,632
Directions/Cross Streets Garner Ave
Neighbourhood 768 - Welland Downtown
Area Niagara
Price History

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Detailed Information
Fronting On North
Special Designations Unknown
Bedrooms 9
Bathrooms 5
Lot 52.83 x 100 ft
Exterior Stone
Air Conditioning Other
Basement Separate Entrance, Partially Finished, Other
Garage Type Detached
Garage/Park Spaces Y
Parking Spaces 7
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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