$999,900
For sale: Multiplex

A unique investment opportunity! Together, 13 and 15 Duncan Street offer approximately 65 feet of combined frontage by 165 feet of depth. The package includes two fully renovated and currently rented dwellings at 13 Duncan Street, completed with permits and featuring new underground electrical service, windows, roofing, heating and cooling systems, kitchens, bathrooms, and a fully fenced property. Also included is 15 Duncan Street, a gutted former duplex offering several potential renovation and conversion possibilities. Both properties must be purchased together as one complete package.
Sold data
Multiplex homes in Welland (Lincoln/Crowland) took a median of 63 days to sell over the last 365 days, with the quickest quarter selling within 25 days and the slowest quarter taking more than 104, across 33 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.
The median sale price was $589,900.
Homes sold for about 4.8% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 36% of sellers reduced their price before finding a buyer.
Based on 33 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Welland (Lincoln/Crowland) has 23 Fraser Institute–rated schools (18 elementary and 5 secondary), averaging 6.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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