HN
50 Fifth Street, Welland, ON L3B 4Z5, Welland, ON
+19 photos
$584,900

50 Fifth Street, Welland, ON L3B 4Z5, Welland, ON

Welland, ON L3B 4Z5
4 beds 3 baths Duplex

About this home

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.

Property Score

50/ 100
Overall Property Score
fair

A blend of both buyer and investor metrics.

Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
45/100fair
GO Transit, LRT, and bus access from this neighborhood.
Schools
62/100good
Based on local school rankings (Fraser Institute proxy).
Affordability
98% of city avggood
Priced below Welland's average of $595,000.
Appreciation Trend
+1.2%/yrgood
Welland has seen +1.2% YoY price change.
Monthly Cash Flow
-$1,644/mopoor
Estimated -$1,644/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
2.24%fair
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13071046
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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