ON > Welland > 767 - N. Welland
Welland, ON L3C 1Z3,550 First AVE
Welland, ON L3C 1Z3,550 First AVE
Welland, ON L3C 1Z3,550 First AVE
Welland, ON L3C 1Z3,550 First AVE
Welland, ON L3C 1Z3,550 First AVE
Welland, ON L3C 1Z3,550 First AVE
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Sharon Browne

Sharon Browne

Sharon Browne

+1(416) 873-3259
$ 649,990
Est. payment | /mo

3 Beds

2 Baths

Save
$ 649,990
Est. payment | /mo
Save

3 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 767 - N. Welland

MLS Listing ID X11972793

Style Bungalow

Bedrooms 3

Annual Tax Amount $3,211

Tax Year 2024

Property Sub-Type Semi-Detached

Property Description

An incredible income-generating opportunity awaits at 550 First Ave, Welland! This 3+3 bedroom,2-bathroom home is fully tenanted, bringing in over $4,100 per month in rental income, makingit a perfect hands-off investment in a high-demand rental market near Niagara College. Thisproperty has been well maintained and thoughtfully upgraded, featuring fresh new paint, abrand-new hot water tank (2024), and some new appliances. The functional layout offers spaciousliving areas, well-sized bedrooms, and a practical design, ideal for student housing ormulti-tenant occupancy. A large backyard shed provides additional storage, adding value fortenants. Situated in a prime location, this property is just minutes from Niagara College,public transit, shopping, restaurants, and essential amenities, ensuring strong and consistenttenant demand. Plus, $8,000 worth of furnishings are included, making this a truly turnkeyinvestment with minimal effort required.

Location

Province ON

County Niagara

Community 767 - N. Welland

Area Niagara

Rooms

Family Room No

Basement Finished

Kitchen 2

Separate Den/Office 3

Interior

Interior Features In-Law Suite, Primary Bedroom - Main Floor, Water Heater

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 30.0

Lot Depth 120.0

Total Parking Spaces 4

Building

Unit Features Fenced Yard,Hospital,Library,Public Transit,Rec./Commun.Centre,School

Foundation Concrete

Listed by ROYAL LEPAGE SIGNATURE REALTY
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 873-3259

sharon@sharonbrownehomes.com

130 King St W Unit 1800B, Toronto, ON, M5X1E3, Canada

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550 First AVE