$249,900
For sale: Multiplex

A unique opportunity for investors, renovators and developers! This two-storey home has been completely gutted and is ready for renovation. Previously used as a duplex, the property offers the potential to be restored as a duplex, converted into a spacious single-family home or possibly redesigned into three smaller one-bedroom units, subject to zoning, municipal approvals and permits. This property is being sold only as part of a package with 13 Duncan Street. See MLS #X13751778. The properties will not be sold separately.
Sold data
Homes in Lincoln Crowland took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 64, across 49 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.
The median sale price was $399,999.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 37% of sellers reduced their price before finding a buyer.
Based on 49 recorded sales in the last 90 days — 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.
Currently for sale

$299,900
Multiplex21 FIFTH STREET, 773 - Lincoln/Crowland, Welland

$284,500
Detached89 LINCOLN AVENUE, 456 - Oakdale, St. Catharines

$250,000
Detached16 ALBERT STREET, 768 - Welland Downtown, Welland

$288,000
Detached208 HELLEMS AVENUE, 768 - Welland Downtown, Welland

$250,000
Other181 CHURCH STREET, 451 - Downtown, St. Catharines

$249,900
Apartment3 - 450 CARLTON STREET, 445 - Facer, St. Catharines

$249,000
Detached17 PATRICIA AVENUE, 767 - N. Welland, Welland

$299,900
Detached60 WATKINS STREET, 436 - Port Weller, St. Catharines