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52 Lincoln Street, Welland, ON, L3C 5J1

MLS® # 40669651
Investment For Sale In West Main, Welland, Ontario
$1,749,000
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
52 Lincoln Street, Welland, ON
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52 Lincoln Street, Welland, ON, L3C 5J1
$1,749,000

Property Information:

If you are searching for a multi- residential units building, the time is here. Wonderfully updated and upgraded building comfortably accommodates 8 ONE BEDROOM UNITS. In 2019 the building was stripped to the studs and new plumbing, and electrical were upgraded in compliance with the health and safety standards. Each unit comes with all new; kitchen, living room, bedroom and 3 pc bathroom. The two laundry units are in the basement, one on each side of the building. Each unit has their own hydro meter. Fully landscaped and well maintained. All units are occupied and have very low vacancy rate. Estimated revenue for 2024 is $110,232. Located at the closest intersection of Prince Charles Drive and Lincoln Street provides easy access to public transportation, shopping malls, Welland canal. Large residential and commercial developments are in the vicinity.Either you chose to live in one unit and rent the rest; or have it all rented out the opportunities are great. This is the property that generates income from a day one!

Inclusions: Carbon Monoxide Detector,Hot Water Tank Owned,Smoke Detector,8 Stoves, 8 Refrigerators, 2 Coin Washers, 2 Coin Dryers

Exclusions : None

Building Features:

  • Floor Space: 4200 Square Feet

Property Features:

  • Bedrooms: 8
  • Acres Range: < 0.5
  • Basement: Walk-Up Access, Partial, Unfinished
  • Construction Materials: Vinyl Siding
  • Cooling: Wall Unit(s)
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 4200 Square Feet
  • Heating: Electric, Heat Pump
  • Interior Features: Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: Shared
  • Lot Depth: 118 Feet
  • Lot Features: High Traffic Area
  • Lot Frontage: 63.00 Feet
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector
  • Water Source: Municipal
  • Zoning: INS1, RM
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: One Percent Realty Ltd.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Location of 52 Lincoln Street, Welland, ON, L3C 5J1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 52 Lincoln Street , experiences 7 hot days per year at around 30.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 39 hot days at 33.9 degrees Celsius.

Projected Avg. Temperature

Past
30.2℃
2050
33.9℃

# Hot Days Per Year

Past
7
2050
39

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 52 Lincoln Street , experiences 11 significant 2-day storms per year, with about 326.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.5mm of precipitation per year.

Precipitation Per Storm

Past
326.3mm
2050
404.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 52 Lincoln Street, Welland, ON, L3C 5J1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,420.54

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.17 %

High school certificate or equivalent

36.88 %

Apprenticeship trade certificate/diploma

6.38 %

College/non-university certificate

28.11 %

University certificate (below bachelor)

0.62 %

University Degree

10.84 %

Commuter

Travel To Work

By Car

89.93 %

By Public Transit

2.98 %

By Walking

5.37 %

By Bicycle

0.0 %

By Other Methods

1.72 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.93 %

Houses

70.07 %

Own Vs. Rent