50 FIFTH STREET, Welland (Lincoln/Crowland)
$549,900
For sale: Multiplex
- Property type
- Duplex
- Bedrooms / bathrooms
- 4 bedrooms, 3 bathrooms
- Living area
- 1,500 sqft
- MLS®
- MLS® X13667826
- Neighbourhood
- 773 - Lincoln/Crowland
Excellent duplex opportunity in the heart of Welland! Whether you're an investor looking for steady cash flow or a first-time buyer hoping to offset your mortgage, this updated duplex checks all the boxes. Both units offer modern updates, including refreshed kitchens, bathrooms, flooring, paint, and contemporary finishes throughout. Situated on a deep lot in a convenient location close to Welland County General Hospital, schools, parks, shopping, and everyday amenities. Photos were taken prior to the current tenants moving in. A fantastic opportunity to step into the market with an income-producing property in a growing Niagara community. Zoning allows short-term rentals. Main level unit is vacant. Upper Unit = $1450 plus hydro
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.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 50 FIFTH STREET
$599,900
Multiplex421,500–2,000 sqft214 KENT STREET, 878 - Sugarloaf, Port Colborne
$499,000
Multiplex421,100–1,500 sqft42 CUMMING STREET, 458 - Western Hill, St. Catharines
$599,000
Detached431,500–2,000 sqft35 CAROLINE STREET, 773 - Lincoln/Crowland, Welland
$524,900
Detached4+121,100–1,500 sqft36 THIRD STREET, 773 - Lincoln/Crowland, Welland
$499,000
Detached431,100–1,500 sqft5790 ROBINSON STREET, 216 - Dorchester, Niagara Falls
$549,900
Semi-Detached/Link4+142,000–2,500 sqft47 SUPERIOR STREET, 774 - Dain City, Welland
$549,900
Semi-Detached/Link4+142,000–2,500 sqft43 SUPERIOR STREET, 774 - Dain City, Welland
$589,000
Detached431,500–2,000 sqft2505 STEVENSVILLE ROAD, 328 - Stevensville, Fort Erie