$619,999
For sale: Multiplex

Motivated seller. No lowball offers. Solid building with solid money making potential. Entire upper floor completely renovated into a nice family space (6/2024). Planned completion of the basement into a fully separate unit 60% complete. 3 separate hydro meters installed, basement has bathroom, incomplete kitchen and semi finished living room/bedroom. total rents are 3449. Plus potential for another 1000-1250 in rent for basement if work is completed. Main floor and basement are connected by metal fire door can also make a great 2 floor main unit. Turn key investment with great tenants willing to stay! ** NOTE: Interior pictures were taken before tenants moved in. caution: measurements of main and basement are subject to being completed. NOT MEASURED OR CORRECT as of 14/10/2026
Sold data
Multiplex homes in Welland (Lincoln/Crowland) took a median of 46 days to sell over the last 730 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 85, across 56 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.
The median sale price was $574,450.
Homes sold for about 4.2% below asking on average, so there was room to negotiate.
About 4% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
Based on 56 recorded sales in the last 2 years — 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

$649,000
Multiplex5166 MORRISON STREET, 211 - Cherrywood, Niagara Falls

$428,888
Multiplex17 MANNING STREET, 450 - E. Chester, St. Catharines

$575,000
Multiplex632 KING STREET, 877 - Main Street, Port Colborne

$414,900
Multiplex255 JARVIS STREET, 332 - Central, Fort Erie

$630,000
Multiplex49 PADDINGTON AVENUE, South E, London South

$549,900
Multiplex130 KILLALY STREET E, 875 - Killaly East, Port Colborne

$624,900
Detached181 CHIPPAWA ROAD, 873 - Bethel, Port Colborne

$849,000
Detached5359 KITCHENER STREET, 214 - Clifton Hill, Niagara Falls