$749,900
For sale: Multiplex

A fantastic income-producing property featuring two fully separate, recently renovated and newly built dwellings. The main home offers three bedrooms, two bathrooms, a fully finished basement and a private yard. The second dwelling was recently built and features one bedroom, private laundry, quartz countertops and a private covered front porch. Both homes are currently rented, providing immediate rental income. This property is being sold only as part of a package with 15 Duncan Street. See MLS #X13751786. The properties will not be sold separately.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.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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