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$624,990
Available - For Sale
Listing ID: X12065599
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, making it a perfect hands-off investment in a high-demand rental market near Niagara College. This property has been well maintained and thoughtfully upgraded, featuring fresh new paint, a brand-new hot water tank (2024), and some new appliances. The functional layout offers spacious living areas, well-sized bedrooms, and a practical design, ideal for student housing or multi-tenant occupancy. A large backyard shed provides additional storage, adding value for tenants. Situated in a prime location, this property is just minutes from Niagara College, public transit, shopping, restaurants, and essential amenities, ensuring strong and consistent tenant demand. Plus, $8,000 worth of furnishings are included, making this a truly turnkey investment with minimal effort required.
Price $624,990
Taxes: $3,211
Occupancy by: Tenant
Address: 550 First Aven , Welland, L3C 1Z3, Niagara
Directions/Cross Streets: First Ave/Niagara College Blvd
Rooms: 6
Rooms +: 6
Bedrooms: 3
Bedrooms +: 3
Washrooms: 2
Family Room: F
Basement: Finished
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Basement
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Semi-Detached
Style: Bungalow
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 4
Pool: None
Other Structures: Garden Shed
Approximatly Age: 31-50
Approximatly Square Footage: < 700
Property Features: Fenced Yard
Hospital
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY

550 First Aven , Welland, L3C 1Z3, Niagara


 
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At a Glance:
Type: Freehold - Semi-Detached
Area: Niagara
Municipality: Welland
Neighbourhood: 767 - N. Welland
Style: Bungalow
Lot Size: x 120.00(Feet)
Approximate Age: 31-50
Tax: $3,211
Maintenance Fee: $0
Beds: 3+3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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