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509 LINCOLN STREET, Welland (Lincoln/Crowland) — listed at $399,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 3.98 x 3.75 meters |
| Bedroom | Upper Level | 3.57 x 2.73 meters |
| Bedroom 2 | Upper Level | 3.57 x 2.73 meters |
| Utility room | Basement | 4.035 x 2.269 meters |
| Living room | Main level | 3.6 x 3.31 meters |
| Primary Bedroom | Main level | 3.29 x 2.77 meters |
| Bedroom 2 | Main level | 3.17 x 2.63 meters |
| Other | Main level | 2.63 x 1.56 meters |
| Kitchen | Basement | 3.05 x 2.04 meters |
| Living room | Basement | 4.88 x 3.03 meters |
| Bedroom | Basement | 3.14 x 2.61 meters |
| Kitchen | Upper Level | 3.09 x 2.95 meters |
| Living room | Upper Level | 3.08 x 3.048 meters |
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,615.7, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Is 509 LINCOLN STREET a good fit for a growing family?+
With 5 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 1.5-storey layout keeps living and sleeping areas separated.
Is this a good starter home?+
At $399,900, this is priced in starter-home territory for Welland (Lincoln/Crowland). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Does it have a basement, and is it finished?+
Yes — Finished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
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