50 Fifth Street, Welland, ON L3B 4Z5, Welland, ON, L3B 4Z5
MLS: X12910200 | Duplex
$589,000
Property Description
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. The property currently generates $3,300/month in rental income, with reliable tenants in place who would love to stay. 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.
Quick Facts
- Property Type: Duplex
- Style: 1 1/2 Storey
- Bedrooms: 4 (2 above, 2 below)
- Bathrooms: 3
- Attached: Yes
- Parking: 4.0 spaces (Private, Tandem)
- Lot Size: 0 sq ft (0.0 m²)
Costs
- Annual Taxes: $2,681.00 (2025)
Listing Provided by: RE/MAX ESCARPMENT REALTY INC., BROKERAGE
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: Central Air
- Basement: Finished, Walk-Up, Full
Exterior & Construction
- Style: 1 1/2 Storey
- Exterior: Porch
- Roof: Asphalt Shingle
- Construction: Vinyl Siding
- Foundation: Block
- Sewer: Sewer
Lot & Land
- Lot Size: 0 sq ft (0.0 m²)
- Pool: None
- Zoning: RM2
Community & Neighbourhood
- Neighbourhood: 773 - Lincoln/Crowland
Listing Information
Listing History
Sold history, price changes, and days-on-market are reserved for registered users.
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
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50 Fifth Street, Welland, ON L3B 4Z5, Welland, ON, L3B 4Z5