50 Fifth Street, Welland, ON
L3B 4Z5
Listed November 5, 2026
About this property
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 unit =$1850 plus hydro. Upper Unit = $1450 plus hydro, $3300/month total.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 50 Fifth Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$99,980 · Minimum $24,995
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2025 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$3,306/mo
About $39,672 a year
- $2,211
- $223
- Home insurance$125
- Utilities$330
- Maintenance & repairs$417
Cash needed to close
- Down payment (20%)
- $99,980
- Ontario land transfer tax
- $6,473
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $108,953
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
50 Fifth Street, Welland, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: November 5, 2026
Listing Office: RE/MAX ESCARPMENT REALTY INC., BROKERAGE
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