618 Lincoln Street, Welland

$374,900
618 Lincoln Street

$374,900

New
30d
DetachedBungalow

618 Lincoln Street, Welland

Total Monthly Obligation $2,121

Beds
2
Baths
1
Park
2
Sqft
700-1100
DOM
30d
Score
23
Yield
6.1%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Detached
MLS® Number-X13817448
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-40 × 104.8 ft
Listed on site-Sep 23, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,800 (2025)
Parking-2 - None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-MOVERIGHT REAL ESTATE, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle, Solar
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-773 - Lincoln/Crowland
Title-Residential Freehold

No agent assigned

Welcome to 618 Lincoln Street, a charming and affordable two-bedroom bungalow offering 931 sq. ft. of comfortable living space on a 40 x 104.8 ft lot. Full of character and move-in ready, this home is an excellent opportunity for first-time buyers, downsizers or investors. Step inside to a bright living room featuring a vaulted ceiling, warm wood accents and an exposed-brick feature wall. The spacious updated kitchen offers refreshed cabinetry, generous counter space, a built-in dishwasher and room for casual dining. The primary bedroom is bright and comfortable, while the unique second bedroom features exposed brick and a versatile loft area that adds valuable additional space. An updated three-piece bathroom includes a large walk-in shower. At the rear of the home, a practical mudroom provides built-in cabinetry and convenient access to the backyard. The full unfinished basement, complete with a separate walk-up entrance, offers plenty of storage and potential. Outside, enjoy driveway parking, a manageable backyard and a welcoming front porch. Conveniently located near schools, parks, shopping, public transit and quick access to Highway 406. Schedule your private showing today!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$299,920
Land Transfer Taxes$4,099
Legal Fees (Est.)
$
Total cash required for closing$80,579

Total Monthly Obligation

$2,121/mo
Mortgage $1,512
Monthly Loss $1,723
Principal$398
Interest$1,114
Property Tax$233
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-6.0%2
5-Year IRR
11.0%43
10-Year IRR
11.5%
Returns Index
22.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$22,908/yr
NOI
$13,317/yr
Net Cash Flow
-$402/mo
Cash Margin
-21.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo77
Risk Index
35.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 618 Lincoln Street

Time

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Data last updated within the past 24 hours.