50 Fifth Street

FOR SALE
$524,900
50 Fifth Street, Welland
50 Fifth Street
50 Fifth Street
50 Fifth Street
50 Fifth Street
50 Fifth Street
50 Fifth Street
50 Fifth Street
50 Fifth Street
50 Fifth Street
50 Fifth Street
50 Fifth Street
50 Fifth Street
50 Fifth Street
50 Fifth Street
50 Fifth Street
50 Fifth Street
50 Fifth Street
50 Fifth Street
50 Fifth Street
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2 + 2
BEDROOMS
3
BATHROOMS
2
KITCHENS
8 + 3
ROOMS
X13872320
MLSID
Contact Us
Property Description
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
Sold History
List Date Sold Date Days Listed List Price Sold Price
2021-12-22 2021-12-30 8 $399,900 $512,900
Property Features
Public Transit, Hospital, Park, School, Carpet Free, In-Law Suite, Private, Tandem
Property Details
Address
50 Fifth Street
Postal Code
L3B 4Z5
Property Type
Duplex, Duplex
Zoning
RM2
Lot Size
40' x 165'
Acreage
0.2 Feet
Taxes
$2,681 (2025
Basement
Finished, Walk-Up, Full
Exterior
Porch
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
Detached
Listing contracted with Re/Max Escarpment Realty Inc., Brokerage
436 Mcalpine Avenue, Welland
3
BEDS
2
BATHS
$478,999
FOR SALE
First-time buyers - this is the one you've been waiting for. This legal Welland duplex offers something that rarely comes up in this market: a real home, with real flexibility, and a built-in strategy for making ownership genuinely affordable from day one. Three ways to make it yours - you choose. Option 1 - Live in the main floor, rent the upper unit. Move into a bright, open-concept two-bedroom unit with a generous kitchen, full 4-piece bath, and spacious living and dining area. The self-contained one-bedroom upper unit - with its own kitchen, living space, and full bath - generates rental income that works against your mortgage every single month. Tenants are currently in place and happy to stay. Income starts immediately. No vacancy period, no guesswork. Option 2 - Live upstairs, rent the main floor. Prefer your own quiet one-bedroom space while maximizing rental return? Move into the upper unit and lease out the larger two-bedroom main floor below. Own the building, let the bigger unit carry the costs, and build equity quietly while your tenant does the heavy lifting. Option 3 - Convert back and own something truly special. Here's the detail that stops buyers in their tracks: this home was originally built as a single-family residence - 5 bedrooms and 2 bathrooms under one roof. The duplex conversion is straightforward to reverse, and when you do, you end up with one of the most spacious updated homes available in Niagara at this price. Five bedrooms. Two full baths. Over 1,600 sq ft above grade. A full basement with separate exterior access. Updated throughout. At this size, at this price, in this location - it won't last. Separate hydro meters. Two-car private drive. Central air and gas forced-air heat. Minutes to Hwy 406, schools, hospital, shopping, transit, and parks. Flexible possession. Three paths in. One remarkable opportunity. This is what smart first-time buying looks like.
314 Broadway Street, Welland
2+1
BEDS
2
BATHS
$449,900
FOR SALE
Two Opportunities Here! Home Ownership May Have Just Got More Affordable.. OPTION ONE. Live in one, rent the other. Not just for investors, this is an ideal first home or house-hack opportunity. Live on the main floor and let the lower unit's rent help pay your mortgage. As an owner-occupant, you may also qualify for a lower down payment than a pure investment purchase. When you're ready to move on, keep it as a fully rented income property.Steps from local amenities, the dog park and the Welland Recreational Canal trail system, it's a prime, high-demand rental location that tenants and owners will love. OPTION TWOTurn-Key Duplex in the Heart of Welland! This extensively renovated duplex at 314 Broadway Avenue is a completely hands-off, high-yield addition to any portfolio. It offers a strong 5.8% cap rate and needs zero capital expenditure, so you can simply start collecting.The main floor unit has a bright, spacious 2-bedroom layout with a potential 3rd bedroom. The lower level is a fully finished 1-bedroom unit. Both units have been modernized from top to bottom, with contemporary finishes, updated kitchens and pristine baths.
478 East Main Street, Welland
3
BEDS
2
BATHS
$449,900
FOR SALE
478 East Main Street offers a practical opportunity for investors, owner-occupants, or buyers looking for flexible space in a central Welland location. This approximately 2,000 sq. ft. up/down duplex features a spacious 1-bedroom main-floor unit and a renovated 2-bedroom upper unit, which is currently vacant and ready for its next use. With separate entrances and separate hydro meters, the layout provides clear separation between the two units and supports a variety of ownership options. The property also includes a private rear patio, parking for approximately 3-4 vehicles, and a roof updated in 2020. Located along East Main Street, this address offers convenient access to downtown Welland, shopping, restaurants, everyday amenities, the Welland Canal, Niagara College, and commuter routes throughout Niagara. A functional, well-positioned property with income potential, flexibility, and strong long-term value.
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