509 Lincoln Street, Welland, ON
L3B 4N9
Listed September 18, 2026
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About this property
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.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 509 Lincoln Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$79,980 · Minimum $19,995
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2026 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$2,775/mo
About $33,300 a year
- $1,769
- $218
- Home insurance$125
- Utilities$330
- Maintenance & repairs$333
Cash needed to close
- Down payment (20%)
- $79,980
- Ontario land transfer tax
- $4,474
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $86,954
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
509 Lincoln Street, Welland, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: September 18, 2026
Listing Office: RE/MAX NIAGARA REALTY LTD, BROKERAGE
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