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For sale · MLS® X13125466

256 Lincoln Street, Welland, ON L3B 4N1

Welland, ON L3B 4N1

$1,049,900Property tax (2026): $3,632 / year
176 Days on MLS9 Bedrooms5 BathroomsMultiplex3000-3500 Size52.83 ft × 100 ft Lot dimensionsVirtual tour ↗
Quick cost estimateKnown monthly subtotal$5,187.68 / monthLand transfer tax $17,473One-time estimate
PLANNING ESTIMATE

Quick cost estimate

$5,187.68 / month

Known monthly subtotal

Mortgage principal & interest
$4,885.02
Property tax / month
$302.67
Maintenance / month
Period / amount not reported

Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.

Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.

Land transfer tax · one time

Transfer tax total
$17,473

Before rebates, surcharges and fees. Not part of the monthly subtotal.

Tax assumptions & breakdown

Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.

Ontario tax
$17,473
Toronto municipal tax
$0

Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.

Ontario rates · Toronto rates (April 2026)

Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.

Adjust cost assumptions ↓ · Closing-cost tools

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About this home

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.

Home details

Days on market
Not reported
Property type
Multiplex
MLS® number
X13125466
Source status
Price Change
Bedrooms
9
Bathrooms
5
Postal code
L3B 4N1
Kitchens
5
Kitchens above grade
5
Family room / den
No
Interior size (reported range)
3000-3500
Lot depth
100 ft
Garage parking spaces
Not reported
Total parking spaces
9
Occupancy
Tenant
Possession type
Immediate
Garage
Detached
Annual property tax
3632
Basement
Separate Entrance, Partially Finished, Other
Interior features
Separate Hydro Meter
Exterior features
Landscape Lighting, Patio, Deck
Architectural style
2-Storey
Parking features
Available, Private
Pool features
None
Fireplace
No
Waterfront
No
Garage available
Yes
Heating system
Forced Air
Heating fuel
Gas
Cooling
Other
Sewer
Sewer
Direction facing
North
Construction materials
Stone
Roof
Asphalt Shingle, Membrane
Foundation
Concrete Block
MLS entry age (not confirmed DOM)
176 days

These details come from the listing source. Please confirm measurements and fees before making a decision.

Utilities and services

Sewer
Sewer
Heating system
Forced Air
Heating fuel
Gas
Cooling
Other

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Rooms & virtual tours

Room measurements

Room measurement units

Loading source-reported room dimensions…

Converted measurements are approximate. Levels and dimensions are shown only when supplied.

Bedrooms above grade
9
Rooms above grade
20
Den / family room reported
No

Reported counts are shown independently. Room dimensions have not been inferred from these counts.

Ask the listing brokerage for floor plans and measured room layouts.

PARTIAL SOURCE RECORD

Listing dates & price record

Asking amount
$1,049,900
  1. Original MLS entry

    Entry into the source MLS system; distinct from days on market.

Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.

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Nearby homes sold near 256 Lincoln Street, Welland, ON L3B 4N1, Welland

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Estimate monthly costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

Enter assumptions

Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Explore affordability & closing-cost tools →

Map and neighbourhood

Region / county
NIAGARA
Municipality
WELLAND
MLS® community
768 - Welland Downtown
See homes for sale in Welland →
PLAN YOUR ROUTE

Plan a trip from this home

Check a route from this property to work, school or another destination. Google Maps provides the current estimate when opened; traffic and departure time affect results.

Google Maps opens in a new tab and calculates the route. Your destination and this property location are sent to Google only when you submit. EnterHome does not store the destination or calculate a travel time.

Around this property

Schools, transit & everyday places

Published local sources. Distances are approximate straight-line distances, not walking routes.

Nearby publicly funded schools

Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.

School year 2024-2025 · Preliminary · publisher extract 2026-09-14.

602 m

Plymouth Public School ↗

Elementary · JK-8 · English · Public

School board: DSB Niagara ↗

111 First St, Welland

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
97%
Grade 3 Writing (at provincial standard)
85%
Grade 3 Mathematics (at provincial standard)
97%
Grade 6 Reading (at provincial standard)
100%
Grade 6 Writing (at provincial standard)
100%
Grade 6 Mathematics (at provincial standard)
100%
635 m

St Mary Catholic Elementary School ↗

Elementary · JK-8 · English · Catholic

School board: Niagara CDSB ↗

120 Plymouth Rd, Welland

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
67%
Grade 3 Writing (at provincial standard)
46%
Grade 3 Mathematics (at provincial standard)
54%
Grade 6 Reading (at provincial standard)
83%
Grade 6 Writing (at provincial standard)
75%
Grade 6 Mathematics (at provincial standard)
50%
1.5 km

École élémentaire Franco-Niagara ↗

Elementary · JK-6 · French · Public

School board: CS Viamonde ↗

101 Afton av, Welland

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

No published percentages for these measures in this source record.

1.5 km

Fitch Street Public School ↗

Elementary · JK-8 · English · Public

School board: DSB Niagara ↗

164 Fitch St, Welland

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
79%
Grade 3 Writing (at provincial standard)
73%
Grade 3 Mathematics (at provincial standard)
69%
Grade 6 Reading (at provincial standard)
98%
Grade 6 Writing (at provincial standard)
96%
Grade 6 Mathematics (at provincial standard)
50%
1.5 km

Bridgeview Public School

Elementary · 1-8 · English · Public

School board: DSB Niagara ↗

101 Afton Avenue, Welland

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

No published percentages for these measures in this source record.

1.6 km

Princess Elizabeth Public School ↗

Elementary · JK-8 · English · Public

School board: DSB Niagara ↗

330 Scholfield Ave S, Welland

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
80%
Grade 3 Writing (at provincial standard)
76%
Grade 3 Mathematics (at provincial standard)
57%
Grade 6 Reading (at provincial standard)
90%
Grade 6 Writing (at provincial standard)
90%
Grade 6 Mathematics (at provincial standard)
48%
1.7 km

ÉÉC Saint-François-d'Assise ↗

Elementary · JK-8 · French · Catholic

School board: CS catholique MonAvenir ↗

58 Empress avenue, Welland

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

No published percentages for these measures in this source record.

1.8 km

Diamond Trail Public School

Elementary · JK-8 · English · Public

School board: DSB Niagara ↗

315 Southworth Street, Welland

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
85%
Grade 3 Writing (at provincial standard)
80%
Grade 3 Mathematics (at provincial standard)
85%
Grade 6 Reading (at provincial standard)
96%
Grade 6 Writing (at provincial standard)
100%
Grade 6 Mathematics (at provincial standard)
85%

Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.

Transit near this property

No current nearby stops were returned by the installed TTC, GO Transit and UP Express datasets. Coverage and service dates vary; distances and travel times are not inferred.

Nearby shops & amenities

No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.

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Similar homes for sale in Welland

Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.

Property questions

How do I request a showing?

Choose a date and time preference in the request form. A request is not a confirmed appointment; EnterHome will confirm availability separately.

Are the measurements and features independently verified?

Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.

What do nearby school, transit and shop results mean?

They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.

Can I see sold prices for nearby properties?

Sold and leased comparable records are shown only to approved VOW users where the source permits display. Sign in or request VOW access if prompted.

How should I use the monthly cost estimate?

It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.

Home and neighbourhood overview

256 Lincoln Street, Welland, ON L3B 4N1, Welland is listed for sale as a Multiplex. The listing reports 9 bedrooms, 5 bathrooms, reported interior area of 3000-3500 (units not reported), kitchens reported as 5, parking spaces reported as 9. Asking price: $1,049,900. Occupancy is reported as Tenant. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® X13125466.

The Ministry’s school dataset lists Plymouth Public School approximately 602 m from the property’s mapped location.

Local context

The Ministry’s school dataset lists Plymouth Public School approximately 602 m from the property’s mapped location.

Sources & distance notes

Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility.

Explore the area: Welland · 768 - Welland Downtown.

This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.

Listing brokerage: REAL BROKER ONTARIO LTD.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13125466. Information deemed reliable but not guaranteed.

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Property at 256 Lincoln Street, Welland, ON L3B 4N1