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50 Fifth Street

773 - Lincoln/Crowland Welland L3B 4Z5

$589,000

Residential Freehold beds: 2+2 baths: 3.0

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Freehold

MLS® Num:

X12910200

Bedrooms:

2+2

Bathrooms:

3

• Photos (29)

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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.

General Info:

Property Type:

Residential Freehold

Property Sub Type:

Duplex

Property Attached:

Yes

Home Style:

1 1/2 Storey

Approx. Age:

100+

Total Approx Floor Area:

1100-1500

Lot Size:

<.50

Lot Depth:

165'50.3 m

Lot Frontage:

40'12.2 m

Lot Shape:

Rectangular

Lot Details:

40.00 x 165.00 Feet

Direction Faces:

North

Bedrooms:

2+2

Bathrooms:

3.0

Water supply:

Municipal

Kitchens:

2

Bedrooms Above Grade:

2

Bedrooms Below Grade:

2

Kitchens Above Grade:

2

# Main Level Bedrooms:

0

# Main Level Bathrooms:

1

Rooms Above Grade:

8

Rooms Below Grade:

3

Rooms:

7

Zoning:

RM2

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Cooling:

Yes

Foundation:

Block

Roof:

Asphalt Shingle

Basement:

Finished, Walk-Up, Full

Fireplace/Stove:

No

Attached Garage:

No

Garage:

Detached

Garage Spaces:

1.0

Other Structures:

Fence - Full

Parking Features:

Private, Tandem

Parking Spaces:

3

Total Parking Spaces:

4.0

Family Room:

No

Possession Details:

IMM W/ TENANTS

Pool:

None

Financial Info:

HST Applicable To Sale Price:

Not Subject to HST

Taxes:

$2,681 / 2025

Assessment:

$- / -

County:

Niagara

Listing Area:

Welland

Listing Sub-Area:

773 - Lincoln/Crowland

Property Features / Area Influences:

Public Transit, Hospital, Park, School

Interior Features:

Carpet Free, In-Law Suite

Exterior Features:

Porch

Rental Items:

Hot water tank

Inclusions:

All Appliances

Exclusions:

Tenant's Belongings

Exterior Finish:

Vinyl Siding

Room Information:

Floor

Type

Size

Other

Main

Kitchen

14'4.27 m × 10'3.05 m

Main

Dining Room

10'3.05 m × 4'1.22 m

Main

Living Room

14'11"4.55 m × 9'4"2.84 m

Basement

Primary Bedroom

13'6"4.11 m × 13'2"4.01 m

Basement

Bedroom 2

9'4"2.84 m × 8'2.44 m

Second

Bedroom 3

10'11"3.33 m × 10'7"3.23 m

Second

Bedroom 4

10'11"3.33 m × 9'2.74 m

Second

Living Room

23'7.01 m × 10'3.05 m

Second

Kitchen

11'9"3.58 m × 6'1.83 m

Bathrooms:

Floor

Ensuite

Pieces

Other

Main

No

3

9' x 7' 3 Pc Bath

Second

No

4

11'9" x 5'6" 4 Pc Bath

Basement

No

3

9' x 7' 3 Pc Bath

Other Details:

Special Designation:

Unknown

Sewers:

Sewer

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Listing Info:

Date Listed:

Mar 23, 2026

Original Price:

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Previous Price:

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Listed by RE/MAX ESCARPMENT REALTY INC., BROKERAGE

Data was last updated March 25, 2026 at 04:15 PM (UTC)

Area Statistics

Listings on market:

10

Avg list price:

$519,450

Min list price:

$349,900

Max list price:

$650,000

Avg days on market:

39

Min days on market:

2

Max days on market:

150

These statistics are generated based on the current listing's property type and located in Welland. Average values are derived using median calculations. This data is not produced by the MLS® system.

Get market change alerts

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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