One-of-a-Kind Opportunity! This exceptional detached property offers two fully self-contained homes on one deep, private lot, making it ideal for investors, multi-generational living, or owner-occupiers seeking additional income. The main two-storey residence features 2 bedrooms, 1 bathroom, and approximately 1,005 sq. ft. of well-maintained living space, along with a full, high, dry basement. Year-round comfort is provided by a high-efficiency Keeprite furnace and2-ton central air conditioning. Privately situated at the rear, the separate guest house /in-law suite / auxiliary apartment offers 2 bedrooms, 1 bathroom, and 594 sq. ft. of bright living space with direct garden access. It is heated by a gas space heater and cooled by a window air-conditioning unit, creating a comfortable and independent living environment. Both homes have been exceptionally well cared for and maintained by excellent tenants, reflecting true pride of ownership. The property features outstanding landscaping on a deep, private lot and includes a custom shed/man cave/workshop as well as a custom potting shed. The lot presents outstanding future potential, including the possibility of redevelopment into a 4-plex, 6-plex,or other multi-family configuration (buyer to verify). Additional features include separate hydro breakers, two separate gas meters, and two hot water tanks (rentals). Outdoor living is enhanced by a two-tier rear deck, covered front veranda, and a private deck for the guesthouse. A paved double driveway provides parking for up to six vehicles. Live in one and rent the other, rent both, or explore redevelopment opportunities. This truly unique, multi-opportunity property should not be missed.
Address
51 Fourth Street
List Price
$524,900
MLS® Status
New
Expiration Date
2026-03-30
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Welland
Sub-Area
773 - Lincoln/Crowland
Region
Niagara
Bedrooms
4
Bedrooms (Total)
4
Rooms Above Grade
10
Bathrooms
2
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
165.7
Lot Size Units
Feet
Lot Width
51.53
Parcel Number
641220068
Occupant Type
Vacant
Cross Street
Lincoln St./King St.
MLS® Number
X12645434
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Basement Area
Unfinished
Postal Code
L3B 4X7
Posession Details
Flexible
Parking
Other
Parking Places (Total)
6
Parking Spaces
6
Tax Amount
$2,186.80
Tax Year
2025
Interior Features
Other
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Aluminum Siding
Direction Faces
South
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 144 PL 565 AS IN RO432560 ; WELLAND
Waterfront
No
Sewer
Sewer
Login To View 7 Additional Details On 51 Fourth Street
Get instant access to more information (such as room sizes) with a free account.
Already have an account? Login
