197 Lincoln Street, Welland

$269,900
197 Lincoln Street

$269,900

New
18d
Att/Row/Townhouse2-Storey

197 Lincoln Street, Welland

Total Monthly Obligation $1,682

HausQ Valuation Report
Beds
2
Baths
1
Park
2
Sqft
700-1100
DOM
18d
Score
35
Yield
8.7%
Cash on Cash
10.9%
Cap Rate
6.9%
5Y IRR
24.4%
10Y IRR
22.0%
Property Type-Att/Row/Townhouse
MLS® Number-X13862242
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-15.42 × 166.5 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$2,624 (2025)
Parking-2 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT GOLFI REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block, Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-773 - Lincoln/Crowland
Title-Residential Freehold

No agent assigned

What a dollhouse! Everything is completely done in this brick freehold townhouse, tucked a short stroll from the Welland Canal on a deep 165 ft lot with the hospital, library, parks, schools and transit close by. The bright eat-in kitchen has a breakfast bar and stainless steel appliances, and upstairs you'll find a primary bedroom with a walk-in closet, a second bedroom that suits an office or nursery, and a beautifully renovated bathroom with a glass shower. The full basement offers laundry, generous storage and an upgraded 100 amp panel. Step out to the covered rear deck (2021), a lovely spot for morning coffee or a BBQ, then head to the real showstopper: a 10'x24' detached shed (2022) with concrete floors and 10 foot walls, ideal for a workshop, hobby space or extra storage. The driveway fits 2 vehicles, with additional parking out front. Shingles replaced in 2020. A great fit for first-time buyers, downsizers, investors and young families.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$215,920
Land Transfer Taxes$2,524
Legal Fees (Est.)
$
Total cash required for closing$58,004

Total Monthly Obligation

$1,682/mo
Mortgage $1,089
Monthly Loss $1,396
Principal$286
Interest$802
Property Tax$219
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.2%40
Cash-on-Cash
1.7%11
5-Year IRR
17.3%83
10-Year IRR
16.6%
Returns Index
45.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
35/ 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
$23,556/yr
NOI
$14,076/yr
Net Cash Flow
$84/mo
Cash Margin
4.3%11
Cash Flow Index
10.5/ 100
Risk Profile
Weight: 20%
DSCR
1.0833
LTV Ratio
80.0%18
Vacancy Buffer
5.6 mo89
Risk Index
46.9/ 100

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

Comparables

Properties near 197 Lincoln Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.