21 FIFTH STREET, Welland (Lincoln/Crowland)

$299,900

For sale: Multiplex

Multiplex at 21 FIFTH STREET, Welland (Lincoln/Crowland)
Property type
Duplex
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13757410
Neighbourhood
773 - Lincoln/Crowland

Selling under - Power of Sale. Excellent opportunity for investors, renovators, and value-add buyers in Welland. This legal two-storey duplex offers two separate two-bedroom units, two kitchens, four bedrooms, and two bathrooms in total. Each unit has potential rental income of approximately $1,600 to $1,700 per month, for a combined monthly income of up to $3,400. The property is vacant, allowing for immediate renovations and tenant placement. Features include two rented on-demand hot water heaters, a mutual driveway, and street parking. Conveniently located near parks, schools, shopping, restaurants, the Welland Canal, and Welland's recreational waterway. Property is being sold as is. Motivated seller, offers welcome anytime!

Sold data

Multiplex homes in Welland (Lincoln/Crowland) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.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.

Median days to sell
63
Median sale price
$589,900
Sale-to-list ratio
95.2%
Sold above asking
3%

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

Schools in Welland (Lincoln/Crowland)

Welland (Lincoln/Crowland) has 23 Fraser Institute–rated schools (18 elementary and 5 secondary), averaging 6.5/10.

Rated schools
23
Elementary
18
Secondary
5
Average rating
6.5 / 10

Top-rated schools in Welland (Lincoln/Crowland)

  • Plymouth — elementary, WellandFraser rating 10.0/10
  • Fitch Street — elementary, WellandFraser rating 8.1/10
  • Glendale — elementary, WellandFraser rating 8.1/10
  • Holy Name — elementary, WellandFraser rating 7.9/10
  • Quaker Road — elementary, WellandFraser rating 7.6/10
  • Diamond Trail — elementary, WellandFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 21 FIFTH STREET