Explore the possibilities at 28 Fifth Street in Welland ! This multi unit property features two spacious two-bedroom apartments, one on the main floor and one upstairs, plus an additional lower-level unit. An appealing opportunity for investors seeking multiple rental streams or buyers considering living in one unit while renting the others. The deep lot offers outdoor space to enjoy, complemented by a detached double garage and private driveway parking. Whether you're expanding your investment portfolio or exploring an owner-occupied rental property, this versatile property deserves a closer look!
5 bedrooms, 3 bathrooms, about 1,100 sq ft, works out to roughly $500 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 28 Fifth St
Every detail from the listing, in one place.
Type
Multiplex
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Lot size
165 x 23
Parking
5 spacesYes garage
Basement
Full, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Full · Finished
Lot & land
Lot dimensions
165 x 23
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Multiplex
28 Fifth St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14107482$549,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 28 Fifth St Compares to the Welland Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,701
/mo
based on the purchase price of $549,900
$109,980 cash
$439,920 financed
$370,528 total interest
Principal54%$439,920
Interest46%$370,528
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 28 Fifth St
Homes for sale in Welland
Every active Welland MLS® listing, updated all day.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio96.4%On average, homes sold below asking.
Active listings458Homes for sale here right now.
Median vs prior 90 days+2.4%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 260 sales from Jul 24 – Oct 22, 2026 (236 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 28 Fifth St
How much is 28 Fifth St listed for?
28 Fifth St is listed at $549,900 (MLS® X14107482). Summitly updates the price as soon as the MLS® record changes.
Is $549,900 a good price for 28 Fifth St?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Welland. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 28 Fifth St changed?
No — 28 Fifth St is still listed at its original asking price of $549,900.
How many bedrooms and bathrooms does 28 Fifth St have?
28 Fifth St has 5 bedrooms and 3 bathrooms, with about 1,100–1,500 square feet of living space. It is a multiplex in Welland.
How much would the monthly mortgage be on 28 Fifth St?
About $2,701 a month — principal and interest on $549,900 with 20% down ($109,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 28 Fifth St compare with other homes in Welland?
Its asking price of $549,900 is about the same as the median sold price in Welland over the last 90 days, $540,000, across 260 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 28 Fifth St been sold before?
Summitly has no earlier MLS® sale or lease of 28 Fifth St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 28 Fifth St?
28 Fifth St is in Welland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 28 Fifth St been on the market?
28 Fifth St was listed today (October 22, 2026).
What is the price per square foot of 28 Fifth St?
About $367 to $500 per square foot: the asking price of $549,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 28 Fifth St have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
Does 28 Fifth St have a basement, and is it finished?
The listing describes the basement as: Full, Finished.
