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For saleMLS® X13872320

50 Fifth Street, Welland, ON L3B 4Z5

Lincoln/Crowland · L3B 4Z5

$524,900

$477 / sq ft

4 weeks on market

Bedrooms
2+2
Bathrooms
3
Interior
1,100 sf
Parking
4
Lot
40 × 165 ft
Age
100+ years

What's special

  • Detached garage
  • Central air
  • Finished basement
  • Carpet free
  • In-law suite

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About this property

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

Rooms

12 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenMain4.27 × 3.05 m14.0 × 10.0 ft—
Dining RoomMain1.22 × 3.05 m4.0 × 10.0 ft—
Living RoomMain4.55 × 2.84 m14.9 × 9.3 ft—
BathroomMain2.74 × 2.13 m9.0 × 7.0 ft3 Pc Bath
Bedroom 3Second3.23 × 3.33 m10.6 × 10.9 ft—
Bedroom 4Second3.33 × 2.74 m10.9 × 9.0 ft—
Living RoomSecond7.01 × 3.05 m23.0 × 10.0 ft—
KitchenSecond3.58 × 1.83 m11.7 × 6.0 ft—
BathroomSecond3.58 × 1.68 m11.7 × 5.5 ft4 Pc Bath
Primary BedroomBasement4.11 × 4.01 m13.5 × 13.2 ft—
Bedroom 2Basement2.84 × 2.44 m9.3 × 8.0 ft—
BathroomBasement2.74 × 2.13 m9.0 × 7.0 ft3 Pc Bath

Features

  • Carpet Free
  • In-Law Suite

Property details

Property

Property type
multiplex
Bedrooms
2 + 2
Bathrooms
3
Interior size
1,100 sq ft
Year built
100+
Lot size
40 × 165 ft
Zoning
RM2
Possession
Immediate

Interior

Basement
Finished, Walk-Up, Full
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
North

Exterior & services

Construction
Vinyl Siding
Garage
Detached
Parking spaces
4
Sewer
Sewer

Costs

List price
$524,900
Property taxes
$2,681 / year (2025)
Price per sq ft
$477
Rental items
Hot water heater

Listing

MLS® number
X13872320
Status
For sale
Listed
October 7, 2026
Days on market
29
Last updated
October 8, 2026
Listing brokerage
RE/MAX ESCARPMENT REALTY INC., BROKERAGE

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 33% of comparable multiplex listings in Lincoln/Crowland are asking less.

$340KMedian $569K$1.30M
This home
$477 / sq ft
Comparable median
$379 / sq ft

Based on 15 comparable active multiplex listings in Lincoln/Crowland. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.2% · minimum $27,490
$27,490
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,750.27
Property tax (est.)
$223.42
Estimated monthly
$2,974

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$6,973
Total due on closing
$6,973

An estimate on the asking price of $524,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ESCARPMENT REALTY INC., BROKERAGE. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$524,900

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