50 Fifth Street Welland, Ontario L3B 4Z5
$574,900
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. 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:63476)
Property Details
| MLS® Number | 40839955 |
| Property Type | Single Family |
| Amenities Near By | Hospital, Park, Public Transit, Schools |
| Equipment Type | Water Heater |
| Features | Paved Driveway, In-law Suite |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 4 |
| Appliances | Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,292 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Hospital, Park, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 165 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 0.152 |
| Size Total | 0.152 Ac|under 1/2 Acre |
| Size Total Text | 0.152 Ac|under 1/2 Acre |
| Zoning Description | Rm2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 11'9'' x 6'0'' | ||
| Second Level | Living Room | 23'0'' x 10'0'' | ||
| Second Level | Bedroom | 10'11'' x 9'0'' | ||
| Second Level | Bedroom | 10'7'' x 10'11'' | ||
| Second Level | 4pc Bathroom | 11'9'' x 5'6'' | ||
| Basement | 3pc Bathroom | 9' x 7' | ||
| Basement | Primary Bedroom | 13'6'' x 13'2'' | ||
| Basement | Bedroom | 9'4'' x 8'0'' | ||
| Main Level | 3pc Bathroom | 9' x 7' | ||
| Main Level | Living Room | 14'11'' x 9'4'' | ||
| Main Level | Dining Room | 4'0'' x 10'0'' | ||
| Main Level | Kitchen | 14'0'' x 10'0'' |
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June 16 2026 02:52:06
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.