Apartment buildings for sale in Hamilton–Niagara

509 Lincoln Street, Welland

2 to 5 units
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
Updated October 13, 2026
$399,900
Underwrite this building

Opens our underwriting tool with this listing's price filled in. Every assumption stays editable.

Request the package

We'll send the full listing package and, if useful, our read on the numbers.

Photo 1 of 45
Photo 2 of 45
Photo 3 of 45
Photo 4 of 45
Photo 5 of 45
Photo 6 of 45
rear entrance to main floor apartment
main floor apartment living room
main floor apartment primary bedroom
main floor apartment kitchen
Photo 11 of 45
Photo 12 of 45
main entrance to main floor apartment
2nd bedroom main floor apartment
bathroom main floor apartment
stairs to upstairs apartment
Photo 17 of 45
livingroom area upstairs apartment
Photo 19 of 45
primary bedroom upstairs apartment
second bedroom upstairs apartment
bathroom upstairs apartment
open concept living room in basement apartment
Photo 24 of 45
kitchen in basement apartment
bedroom basement apartment
bathroom basement apartment
utility room
shared laundry in basement apartment
Photo 30 of 45
Photo 31 of 45
storage shed in backyard
Photo 33 of 45
Photo 34 of 45
Photo 35 of 45
Photo 36 of 45
Photo 37 of 45
Photo 38 of 45
Photo 39 of 45
Photo 40 of 45
Photo 41 of 45
Photo 42 of 45
basement apartment
main level apartment
upstairs apartment

Details from the listing

Property taxes$2,616 (2026)
Lot size33 × 107.5 ft
OccupancyTenant
HeatForced Air, Gas

From the listing

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.

Request the package

We'll send the full listing package and, if useful, our read on the numbers.

Your details are used to deliver the package and follow up on this listing only, unless you also subscribe above.

Listings refreshed October 19, 2026 at 12:51 p.m. ET