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$399,900
Welland
509 Lincoln Street, Welland (Lincoln/Crowland), Ontario, L3B4N9
This multi-family property in Welland is for sale offering roughly 1,300 sq ft of space. It has been on the market 47 days, fresher than the Welland average of 71 days.
A unique and versatile opportunity in Welland! This property offers three separate living spaces, each with its own entrance, making it an excellent option for multi-generational living, families looking for additional space, or those looking for the potential to generate additional income. The main-floor unit features two bedrooms, while the self-contained upper unit offers two bedrooms, its own private entrance and separate hydro. The lower level unit provides an additional one bedroom living space with its own separate access. Conveniently located close to shopping, schools, parks and everyday amenities, this property offers plenty of flexibility for a variety of living arrangements. Updates over the years include the furnace, central air conditioning and roof. Whether you're looking for a home with room for extended family, additional income potential, or flexible living space, this Welland property offers plenty of possibilities. Additionally, the backyard may offer potential to create additional parking, subject to any required approvals. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 47 days on market, against an average age of 71 days across the listings currently for sale in this city
This 5-bed multi-family in Welland (Lincoln/Crowland) has been listed for 47 days, which is 24 days fresher than the city average of 71. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $399,900, about 6.0× the local median household income of $66,500.
Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — roughly 17% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3B)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.