Listed for:Listed 8 days ago
$524,900

50 Fifth Street

Welland (Lincoln/Crowland), ON L3B 4Z5

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 50 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 50 Fifth Street, Welland, Lincoln/Crowland

Summarized Description

  • Updated duplex with modern renovations throughout.
  • Refreshed kitchens and bathrooms in both units.
  • Vacant main level unit ready for occupancy.
  • Income-producing potential in a growing area.
  • Zoning permits short-term rentals for added income.
  • Conveniently located near schools and shopping.
  • Ideal for investors or first-time buyers.

Excellent duplex opportunity in the heart of Welland! Whether you're an investor looking for steady cash flow or a first-time buyer hoping to offset your mortgage, this updated duplex checks all the boxes. Both units offer modern updates, including refreshed kitchens, bathrooms, flooring, paint, and contemporary finishes throughout. Situated on a deep lot in a convenient location close to Welland County General Hospital, schools, parks, shopping, and everyday amenities. Photos were taken prior to the current tenants moving in. A fantastic opportunity to step into the market with an income-producing property in a growing Niagara community. Zoning allows short-term rentals. Main level unit is vacant. Upper Unit = $1450 plus hydro

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,681
Land Transfer Tax Fee
$6,973

Rental Items

Rental Equipment
Hot water heater

Basement Type
Finished, Walk-Up, Full

Interior Features

Interior Extras
Carpet Free, In-Law Suite
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Porch
Pool
None
Property Features
Public Transit, Hospital, Park, School
Other Structures
Fence - Full

Building

Building Type
Multiplex
Building Style
1 1/2 Storey
Approx Age
100+

Construction

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

Lot

Lot Front
40.00 ft
Lot Depth
165.00 ft
Lot Size
0.152
Lot Shape
Rectangular
Lot Size Code
40.00 x 165.00 Feet

Inclusions

Inclusions
All Appliances

Exclusions

Exclusions
Tenants belongings

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
3
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
2 + 2
Washrooms
3
Kitchens
2

Room sizes

  • Bedroom 43.33 x 3.74
    Second level
  • Living Room7.01 x 3.05
    Second level
  • Bathroom—
    Second level, 4 Pc Bath
  • Kitchen—
    Main level
  • Dining Room1.22 x 3.05
    Main level
  • Bathroom—
    Main level, 3 Pc Bath
  • Living Room4.55 x 2.84
    Main level
  • Kitchen3.58 x 1.83
    Second level
  • Bedroom 22.84 x 2.44
    Basement level
  • Bathroom—
    Basement level, 3 Pc Bath
  • Bedroom 33.23 x 3.33
    Second level
  • Primary Bedroom4.11 x 4.01
    Basement level

Washrooms

  • 3-piece, Main
  • 3-piece, Upper
  • 4-piece, Basement

Area
Welland
Municipality
Welland
Neighbourhood
Lincoln/Crowland
Main cross streets
King Street & Ontario Street
Zoning
RM2
Directions
King St to Fifth St

MLS® number
X13872320
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-07
Updated on
2026-10-08
Days on market
8 days
Possession type
Immediate
Co-op commission
2% + HST
Seller
Listed by
RE/MAX Escarpment Realty Inc., Brokerage

Home Market Value

Current home valuation for 50 Fifth Street, Welland, Lincoln/Crowland, Welland, ON. Listed for $524,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 50 Fifth Street, Welland, Lincoln/Crowland

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

Insufficient Data
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Welland, ON
Minimum Down Payment Required:5.2%

5% on first $500K + 10% on $24,900 over $500K

Minimum down payment

$27,490

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$19,883$14,645$12,493$0
=Total mortgage
$516,963$487,055$458,658$419,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,524monthly$2,378monthly$2,239monthly$2,050monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$6,973

Total Land Transfer Tax

$6,973

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