500 Lincoln Street, Welland, ON

$410,000
MLS#:X11967598
2 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on February 27, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $410,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 40 x 120 ft lot
  • Features a separate entrance, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Water Heater Owned, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 500 Lincoln Street - a fantastic home in the heart of Welland, offering space, convenience, and great updates! This charming property features a large, fully fenced backyard, perfect for kids, pets, and outdoor gatherings. Step inside to an inviting open-concept interior thats bright and welcoming, ideal for entertaining or relaxing. A separate entrance offers flexibility for multi-generational living or potential rental opportunities. The home has an updated HVAC system, ensuring year-round comfort and efficiency. One of the standout features? A man cave in the backyard - the perfect retreat for hobbies, entertaining, or unwinding after a long day. Located in a prime area, this home is just minutes from grocery stores, coffee shops, transit, schools, restaurants, and more! Whether you're a first-time buyer, investor, or looking for a family-friendly space, this property has it all. Book your private showing today!!!

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Property Summary

This detached home located at 500 Lincoln Street, Welland is currently for sale and has been available on SousaSells for 520 days. This property is listed at $410,000 with an estimated mortgage of $1,365* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 500 Lincoln Street, Welland is in the 773 - Lincoln/Crowland neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 27, 2025
Sold price information is available to members only
Listed Date2/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionBrick
BasementSeparate Entrance, Full
Lot Size40 × 120 Feet
CountyNiagara
Annual Tax$2,200
Legal DescriptionLT 40 PL 951; PT LT 39, PL 951, PT 2 59R5313 ; WELLAND

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned, Carpet Free

Security Features

Community Features

Location

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500 Lincoln Street, Welland, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 500 Lincoln Street, Welland, ON L3B 4N8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Welland.

Configure Loan Settings

Interest Rate4.00%
Down Payment$123,000 (30.0%)
* Minimum Canadian down payment required for this price is $20,500.
Amortization Period30 Years
Estimated Monthly Payment$1,365Based on a loan of $287,000 over 30 years.
Purchase Price$410,000
Loan Amount$287,000
Provincial Land Transfer Tax:$4,675
Total Estimated Closing Taxes:$4,675

About Purchasing a Home in Welland, ON

For a property listed at $410,000 in Welland, the legal minimum down payment is $20,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,675 for this transaction. As this listing is in Welland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,675.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 773 - Lincoln/Crowland, Welland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$566,884

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Saint-François-d'Assise
Public58 Empress Avenue, Welland, Ontario, L3B 1K9
5.6
Diamond Trail
Public315 Southworth Street, Welland, Ontario, L3B 1Z8
7.2
St Mary
Public120 Plymouth Road, Welland, Ontario, L3B 3C7
6.3
Princess Elizabeth
Public330 Camrose Avenue, Welland, Ontario, L3B 1P2
6.3
Plymouth
PublicPlymouth Road, Welland, Ontario, L3B 3C7
10.0

Secondary Schools

Eastdale
Public170 Wellington Street, Welland, Ontario, L3B 1B3
4.5
Notre Dame
Public64 Smith Street, Welland, Ontario, L3C 4H4
6.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.