How much is 256 Lincoln St listed for?

256 Lincoln St is listed at $1,049,900 (MLS® X13125466). Summitly updates the price as soon as the MLS® record changes.

Is $1,049,900 a good price for 256 Lincoln St?

Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Welland. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out.

Has the price of 256 Lincoln St changed?

Yes — it was first listed at $1,099,900 and is now $1,049,900, a drop of $50,000 (4.5%).

How many bedrooms and bathrooms does 256 Lincoln St have?

256 Lincoln St has 9 bedrooms and 5 bathrooms, with about 3,000–3,500 square feet of living space. It is a multiplex in Welland.

How much would the monthly mortgage be on 256 Lincoln St?

About $5,158 a month — principal and interest on $1,049,900 with 20% down ($209,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 256 Lincoln St compare with other homes in Welland?

Its asking price of $1,049,900 is about 97% above the median sold price in Welland over the last 90 days, $533,750, across 272 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 256 Lincoln St been sold before?

Summitly has no earlier MLS® sale or lease of 256 Lincoln St on record from the last two years. Older records aren't shown under TRREB rules.

Where is 256 Lincoln St?

256 Lincoln St is in Welland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 256 Lincoln St been on the market?

177 days — 256 Lincoln St was listed on May 13, 2026.

What is the price per square foot of 256 Lincoln St?

About $300 to $350 per square foot: the asking price of $1,049,900 over the 3,000–3,500 sq ft the listing gives as its size range.

Does 256 Lincoln St have parking or a garage?

Yes — the listing gives 9 parking spaces. Garage: Yes.

Does 256 Lincoln St have a basement, and is it finished?

The listing describes the basement as: Separate Entrance, Partially Finished.

For saleExcellent Deal

MultiplexOn market 177 daysPrice drop · $50,000 off (-4.5%)

256 Lincoln St, Welland

Name: 256 Lincoln Street
SKU: X13125466
Price: 1049900 CAD
Availability: InStock

Welland, ON · · MLS® X13125466Updated August 31, 2026

$1,049,900Est. $5,158/mo mortgage

Bedrooms: 9
Bathrooms: 5
Living space: 3000–3500sq ft
Parking spaces: 9

Type Multiplex
Garage Yes
Basement Separate Entrance, Partially Finished

What you should know

256 Lincoln St is a 9-bedroom, 5-bathroom multiplex in Welland, listed for $1,049,900. It has 3000-3500 sq ft of living space.

A turnkey, income generating property in the heart of Welland.
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.

Ask Zara:

9 Bed, 5 Bath Multiplex in Welland

About 256 Lincoln Street

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.

9 bedrooms, 5 bathrooms, about 3,000 sq ft, works out to roughly $350 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.

Inside 256 Lincoln St

Every detail from the listing, in one place.

Type: Multiplex
Style: 2-Storey
Living space: 3000-3500 sq ftas stated on the listing
Parking: 9 spacesYes garage
Basement: Separate Entrance, Partially Finished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 9

Interior

Basement: Separate Entrance · Partially Finished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Multiplex

256 Lincoln St Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X13125466−$50,000 (4.5%)$1,049,900
May 13, 2026For saleListedThis listingMLS® X13125466$1,099,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 256 Lincoln St Compares to the Welland Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 512 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Welland market, last 90 days

Median sold price: $533,750
Average sold price: $551,417
Average days on market: 45
Homes sold: 272

Closed sales on the TRREB MLS®.

Full Welland market report

Recently sold nearby in Welland

Sold prices are shown free to signed-in members, as board rules require.

1 nearby sale vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home256 Lincoln Street 9 bd · 5 ba · 3,000 sqft	$1,049,900asking	$350	—	—
35 Aqueduct Street 8 bd · 6 ba · 3,500 sqft

35 Aqueduct Street
8 bd · 6 ba · 3,500 sqft

Living in Welland: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Loading schools, parks, groceries and more nearby…

How long is your commute?

From 256 Lincoln St. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 256 Lincoln St

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $5,158; 20% down · 25 years · 5.5% assumed
Property tax: $577; 0.66% mill rate · ON
Total per month: $5,735; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$5,158

/mo

based on the purchase price of $1,049,900

Down payment20%

$209,980 cash

Amortization25 yr

$839,920 financed

Rate5.50%

$707,433 total interest

Principal54%$839,920

Interest46%$707,433

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

For homeowners nearby

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Listing brokerage: REAL BROKER ONTARIO LTD., BrokerageMLS® X13125466 · Listing data last updated August 31, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed May 12· $350/sq ft

Estimated monthly mortgage$5,158/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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256 Lincoln St, Welland

What you should know