Listed for:Listed Sep 7, 2026
$299,900

21 Fifth Street

Welland (Lincoln/Crowland), ON L3B 4Z4

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 21 Fifth Street, Welland, Lincoln/Crowland

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 21 Fifth Street, Welland, Lincoln/Crowland

Summarized Description

  • Legal duplex with two separate 2-bedroom units.
  • Estimated 10% cap rate, ideal for investors.
  • Property is vacant and sold as is.
  • Located near parks, schools, and grocery stores.
  • Close to Welland Canal and recreational waterway.
  • Includes mutual drive and street parking.

Selling under - Power of Sale. Excellent opportunity for investors, renovators, and value-add buyers in Welland. This legal two-storey duplex offers two separate two-bedroom units, two kitchens, four bedrooms, and two bathrooms in total. The home can also be easily converted into a single family home. Each unit has potential rental income of approximately $1,600 to $1,700 per month, for a combined monthly income of up to $3,400. The property is vacant, allowing for immediate renovations and tenant placement. Features include two rented on-demand hot water heaters, a mutual driveway, and street parking. Conveniently located near parks, schools, shopping, restaurants, the Welland Canal, and Welland's recreational waterway. Property is being sold as is. Motivated seller, offers welcome anytime!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,959
Land Transfer Tax Fee
$2,974

Basement Type
Crawl Space

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
27.00 ft
Lot Depth
165.00 ft
Lot Size
4455

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
0
Total Garage And Parking Spaces
0

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
2 + 2
Washrooms
2
Kitchens
2
Family / bonus room
Yes

Washrooms

  • 4-piece
  • 2-piece

Municipality
Welland
Neighbourhood
Lincoln/Crowland
Main cross streets
King Street and Fifth Street
Zoning
Residential, buyer to verify with City of Welland
Directions
South on King Street, right onto Fifth Street. Alternate: from Ontario Street, north on King Street, left onto Fifth Street.

MLS® number
X13757410
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-07
Updated on
2026-09-19
Days on market
38 days
Possession type
Immediate
Co-op commission
2% + HST
Seller
Listed by
RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home Market Value

Current home valuation for 21 Fifth Street, Welland, Lincoln/Crowland, Welland, ON. Listed for $299,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 21 Fifth Street, Welland, Lincoln/Crowland

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Welland, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$14,995

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$11,396$8,367$7,138$0
=Total mortgage
$296,301$278,277$262,053$239,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$1,447monthly$1,359monthly$1,279monthly$1,171monthly
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Land Transfer Tax

Provincial

$2,974

Total Land Transfer Tax

$2,974

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