+19 photos
$520,000
228 Lincoln Street, Welland, ON L3B 4M9, Welland, ON
Welland, ON L3B 4M9
2 beds 2 baths Detached
About this home
Well maintained 2018 bungalow offering comfortable main floor living with a functional layout. Features 2 bedrooms, 2 bathrooms, main floor laundry, and an attached garage. Partially finished basement provides additional living space and future potential. Situated on a good sized lot with ample outdoor space. Conveniently located close to shopping, schools, parks, and everyday amenities, this home is ideal for those looking to downsize, first-time buyers, or those seeking low-maintenance living.
Property Score
54/ 100
Overall Property Score
fair
A blend of both buyer and investor metrics.
Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
45/100fair
GO Transit, LRT, and bus access from this neighborhood.
Schools
62/100good
Based on local school rankings (Fraser Institute proxy).
Affordability
87% of city avggood
Priced below Welland's average of $595,000.
Appreciation Trend
+1.2%/yrgood
Welland has seen +1.2% YoY price change.
Monthly Cash Flow
-$1,558/mopoor
Estimated -$1,558/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
2.02%poor
Net operating income divided by purchase price.
Basement Suite Potential
Buildablegreat
Strong potential for a legal basement suite - could add ~$1,290/mo.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13100806
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.
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