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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

FEATURED PROPERTIES
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$1,099,900
Available - For Sale
Listing ID: X13125466
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.
Price $1,099,900
Taxes: $3,632
Assessment Year: 2025
Occupancy by: Tenant
Address: 256 Lincoln Street , Welland, L3B 4N1, Niagara
Directions/Cross Streets: Garner Ave
Rooms: 20
Bedrooms: 9
Bedrooms +: 0
Washrooms: 5
Family Room: F
Basement: Separate Ent
Partially Fi
No. of Pieces Level
Washroom 1:  4
Washroom 2:  3
Washroom 3:  3
Washroom 4:  3
Washroom 5:  3
Washroom 6:  4
Washroom 7:  3
Washroom 8:  3
Washroom 9:  3
Washroom 10:  3
Property Type: Multiplex
Style: 2-Storey
Exterior: Stone
Garage Type: Detached
(Parking/)Drive: Available,
Drive Parking Spaces: 7
Park #1
Parking Type: Available,
Park #2
Parking Type: Available
Park #3
Parking Type: Private
Pool: None
Other Structures: Storage, Garde
Approximatly Square Footage: 3000-3500
Property Features: Hospital
Place Of Worship
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Other
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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REAL BROKER ONTARIO LTD.

256 Lincoln Street , Welland, L3B 4N1, Niagara

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Niagara
Municipality: Welland
Neighbourhood: 768 - Welland Downtown
Style: 2-Storey
Lot Size: x 100.00(Feet)
Approximate Age:
Tax: $3,632
Maintenance Fee: $0
Beds: 9
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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