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50 Fifth Street

773 - Lincoln/Crowland / Welland, ON L3B 4Z5

ActiveFor Sale
4 Beds
3 Baths
1,100 Sq Ft
Multi-Family

About This Property

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. 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 to be vacant July 1st.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size1,100 sq ft
Bedrooms4
Bathrooms3
Postal CodeL3B 4Z5
Last UpdatedAug 8, 2026 · 8:00 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13450396

Listed by RE/MAX ESCARPMENT REALTY INC., BROKERAGE

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$574,900

asking price

MLS®X13450396
TypeMulti-Family
CityWelland
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$2,807

/month · $459,920 mortgage

Down Payment20% — $114,980
Interest Rate5.5%

Amortization

Total Interest

$382,274

Total Cost

$842,194

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

RE/MAX ESCARPMENT REALTY INC., BROKERAGE