$399,000
For sale: Multiplex

Welcome to 51 Plymouth Road in the heart of Welland! This versatile property features two self-contained two-bedroom units with separate hydro meters, offering the flexibility to be used as one spacious four-bedroom, two-bath home or as two separate units with excellent income potential. Both units offer bright, functional living spaces, ample parking, generous storage, and a spacious yard. Recent updates include leveling and insulating the front room with new doors, flooring, and roofing, new shingles on the lower roof (main roof approximately 10 years old), fresh paint throughout, hydro added to the backyard shed and refrigerated storage unit, a new fridge and dishwasher in the upper unit, and a newer stove in the lower unit. The refrigerated storage unit also features custom-built shelving for exceptional storage. Conveniently located close to schools, parks, shopping, transit, and major routes, this property is ideal for homeowners, investors, or multi-generational families. A rare opportunity to own a flexible, income-producing property in a growing community!
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.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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