50 Fifth Street Welland, Ontario L3B 4Z5
$584,900
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. Main level unit to be vacant July 1st. (id:61445)
Property Details
| MLS® Number | X13071046 |
| Property Type | Multi-family |
| Community Name | 773 - Lincoln/Crowland |
| AmenitiesNearBy | Public Transit, Hospital, Park, Schools |
| EquipmentType | Water Heater |
| Features | Carpet Free, In-law Suite |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater |
| Structure | Porch |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 2 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 4 |
| Age | 100+ Years |
| Appliances | All |
| BasementDevelopment | Finished |
| BasementFeatures | Walk-up |
| BasementType | N/a (finished), N/a, Full |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| Detached Garage | |
| Garage | |
| Tandem |
Land
| Acreage | No |
| FenceType | Fully Fenced |
| LandAmenities | Public Transit, Hospital, Park, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 165 Ft |
| SizeFrontage | 40 Ft |
| SizeIrregular | 40 X 165 Ft |
| SizeTotalText | 40 X 165 Ft|under 1/2 Acre |
| ZoningDescription | Rm2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 3.58 m | 1.68 m | 3.58 m x 1.68 m |
| Second Level | Bedroom 3 | 3.23 m | 3.33 m | 3.23 m x 3.33 m |
| Second Level | Bedroom 4 | 3.33 m | 2.74 m | 3.33 m x 2.74 m |
| Second Level | Living Room | 7.01 m | 3.05 m | 7.01 m x 3.05 m |
| Second Level | Kitchen | 3.58 m | 1.83 m | 3.58 m x 1.83 m |
| Basement | Bathroom | 2.74 m | 2.13 m | 2.74 m x 2.13 m |
| Basement | Primary Bedroom | 4.11 m | 4.01 m | 4.11 m x 4.01 m |
| Basement | Bedroom 2 | 2.84 m | 2.44 m | 2.84 m x 2.44 m |
| Main Level | Bathroom | 2.74 m | 2.13 m | 2.74 m x 2.13 m |
| Main Level | Kitchen | 4.27 m | 3.05 m | 4.27 m x 3.05 m |
| Main Level | Dining Room | 1.22 m | 3.05 m | 1.22 m x 3.05 m |
| Main Level | Living Room | 4.55 m | 2.84 m | 4.55 m x 2.84 m |
Interested?
Contact us for more information
Kayla Smith
Salesperson
214 King Street #mainb
St. Catharines, Ontario L2V 1W9
William Smith
Salesperson
214 King Street
St. Catharines, Ontario L2V 1W9
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. 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 trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 16 2026 12:25:42
RE/MAX Escarpment Realty Inc., Brokerage