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For saleMLS® X14031176

89 Sixth Street, Welland, ON L3B 5A7

Lincoln/Crowland · L3B 5A7

$1,499,900

$514 / sq ft

3 weeks on market

Total area
2,917 sf
Lot
34.79 × 66.17 ft

What's special

  • Yes

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About this property

Newly constructed, fully tenanted, purpose-built fiveplex featuring two bachelor units and three two-bedroom units, with five parking spaces. Each unit includes a full kitchen, its own washer and dryer, an independently controlled heating and cooling system, and a dedicated hot water tank. Generating $8,250 in monthly rental income, this property offers modern living spaces and the convenience of self-contained units. Some photos virtually staged.

Property details

Property

Property type
investment
Interior size
2,917 sq ft
Lot size
34.79 × 66.17 ft
Zoning
INSH
Possession
FLEXIBLE

Interior

Heating
Electric Forced Air
Cooling
Yes

Costs

List price
$1,499,900
Property taxes
$950 / year (2026)
Price per sq ft
$514
Rental items
NONE

Listing

MLS® number
X14031176
Status
For sale
Listed
October 14, 2026
Days on market
22
Last updated
October 15, 2026
Listing brokerage
RE/MAX NIAGARA REALTY LTD, BROKERAGE

Price & sale history

This property's sale history is hidden

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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 above most comparable listings — about 91% of comparable multi-unit / investment listings in Welland are asking less.

$490KMedian $948K$1.40M
This home
$514 / sq ft
Comparable median
$240 / sq ft

Based on 11 comparable active multi-unit / investment listings in Welland. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.3% · minimum $124,990
$124,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,602.11
Property tax (est.)
$79.17
Estimated monthly
$7,681

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
$26,473
Total due on closing
$26,473

An estimate on the asking price of $1,499,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX NIAGARA REALTY LTD, 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.

$1,499,900

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