50 Fifth Street Welland, Ontario L3B 4Z5
$589,000
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. The property currently generates $3,300/month in rental income, with reliable tenants in place who would love to stay. 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. (id:62616)
Property Details
| MLS® Number | X12910200 |
| Property Type | Multi-family |
| Community Name | 773 - Lincoln/Crowland |
| Amenities Near By | Public Transit, Hospital, Park, Schools |
| Equipment Type | Water Heater |
| Features | Carpet Free, In-law Suite |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
| Structure | Porch |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 4 |
| Age | 100+ Years |
| Appliances | All |
| Basement Development | Finished |
| Basement Features | Walk-up |
| Basement Type | N/a (finished), N/a, Full |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage | |
| Tandem |
Land
| Acreage | No |
| Fence Type | Fully Fenced |
| Land Amenities | Public Transit, Hospital, Park, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 165 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 X 165 Ft |
| Size Total Text | 40 X 165 Ft|under 1/2 Acre |
| Zoning Description | Rm2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 3.58 m | 1.68 m | 3.58 m x 1.68 m |
| Second Level | Bedroom 3 | 3.23 m | 3.33 m | 3.23 m x 3.33 m |
| Second Level | Bedroom 4 | 3.33 m | 2.74 m | 3.33 m x 2.74 m |
| Second Level | Living Room | 7.01 m | 3.05 m | 7.01 m x 3.05 m |
| Second Level | Kitchen | 3.58 m | 1.83 m | 3.58 m x 1.83 m |
| Basement | Bathroom | 2.74 m | 2.13 m | 2.74 m x 2.13 m |
| Basement | Primary Bedroom | 4.11 m | 4.01 m | 4.11 m x 4.01 m |
| Basement | Bedroom 2 | 2.84 m | 2.44 m | 2.84 m x 2.44 m |
| Main Level | Kitchen | 4.27 m | 3.05 m | 4.27 m x 3.05 m |
| Main Level | Bathroom | 2.74 m | 2.13 m | 2.74 m x 2.13 m |
| Main Level | Dining Room | 1.22 m | 3.05 m | 1.22 m x 3.05 m |
| Main Level | Living Room | 4.55 m | 2.84 m | 4.55 m x 2.84 m |
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March 24 2026 06:24:54
Niagara Association of REALTORS®
RE/MAX Escarpment Realty Inc., Brokerage