50 Fifth Street
Welland, Niagara ON L3B 4Z5
$524,900
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. 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 is vacant. Upper Unit = $1450 plus hydro
| Status: | Active |
|---|---|
| Property Type: | Residential |
| Bedrooms Total: | 4 |
| Above Grade Sqft: | 1,292 |
| Tax Annual Amount: | $2,681 |
| Lot Size Acres: | 0.152 |
| County Or Parish: | Niagara |
| Appliances: | Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer |
| Lot Features: | Urban, Rectangular, Hospital, Park, Public Transit, Schools |
| State Or Province: | ON |
| Directions: | King St. to Fifth St. |
| Foundation Details: | Concrete Block |
| Garage: | Yes |
| Lot Size Area: | 0.152 |
| Basement: | Walk-Up Access, Full, Finished |
| Interior Features: | In-Law Floorplan |
| Living Area Units: | Square Feet |
| Below Grade Finished Area Units: | Square Feet |
| MLS Area Major: | Welland |
| Zoning: | RM2 |
| Stories Total: | 1 |
| Frontage Length: | 40.00 |
| Parking Total: | 4 |
| Baths On Level Basement Count: | 1 |
| Baths Total Rooms: | 3 |
| Beds Below Grade: | 2 |
| Hst Applicable To Sale Price: | No |
| Kitchens Above Grade: | 2 |
| Kitchens Total: | 2 |
| Lot Depth: | 165 |
| Number Of 4 Piece Bathrooms: | 1 |
| Number Of Rooms Below Grade: | 3 |
| Survey Type: | None |
| Under Contract: | Hot Water Heater |
| Lot Size Source: | GeoWarehouse |
| Association Fee 2 Frequency: | Monthly |
| Property Condition: | 51-99 Years |
| MLS® Number: | 40869498 |
|---|---|
| List Price: | $524,900 |
| Property Sub Type: | Single Family Residence |
| Bathrooms Full: | 3 |
| Below Grade Finished Sqft: | 625 |
| Total Finished Sqft: | 1,917 |
| Lot Size Square Feet: | 6,621.12 |
| Architectural Style: | Contemporary |
| City: | Welland |
| Postal Code: | L3B 4Z5 |
| Cooling: | Central Air |
| Heating: | Forced Air, Natural Gas |
| Parking Features: | Detached Garage, Asphalt, Tandem |
| Status: | Active |
| Water Source: | Municipal |
| Roof: | Asphalt Shing |
| Laundry Features: | In-Suite |
| Construction Materials: | Vinyl Siding |
| Listing Contract Date: | 2026-10-07 |
| Heating?: | Yes |
| Bathrooms Total Integer: | 3 |
| Basement: | true |
| Building Area Source: | Other |
| Fencing: | Full |
| Above Grade Finished Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Open Parking?: | Yes |
| Parcel Number: | 641220135 |
| Utility Sewer: | Sewer (Municipal) |
| Covered Spaces: | 1 |
| Garage Spaces: | 1 |
| Farm Land Area Units: | Square Feet |
| Frontage Type: | North |
| MLS Area Minor: | 773 - Lincoln/Crowland |
| Main Level Bathrooms: | 1 |
| Room Kitchen Level: | Main, Second |
| Above Grade Finished Area: | 1,292 |
| Cross Street: | King St. |
| Acres Range: | < 0.5 |
| Baths On Level Second Count: | 1 |
| Beds Above Grade: | 2 |
| Beds On Level Basement Count: | 2 |
| Beds On Level Second Count: | 2 |
| Current Price: | 524,900 |
| Driveway Parking: | Private Drive Single Wide |
| Holdover Days: | 30 |
| Number Of 3 Piece Bathrooms: | 2 |
| Number Of Rooms Above Grade: | 9 |
| Property Attached: | Detached |
| Ratio Current Price By Above Gra: | 406.26935 |
| Inclusions: | Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer |
| Lot Size Dimensions: | 40 x 165 |
| Open Parking Spaces: | 3 |
| Rooms Total: | 12 |
Listing Courtesy of: RE/MAX Escarpment Realty Inc.
Listing Agent: Kayla Smith
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Information Technology Systems Ontario data last updated on October 08, 2026 06:15 PM - ET.
Property Last Updated: October 08, 2026 06:15 PM - ET
