ON > Welland > 767 - N. Welland
Welland, ON L3C 1Z3,550 First AVE
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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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Jamie Black

Jamie Black

+1(416) 496-9220
$ 624,990
Est. payment /mo
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Active

550 First AVE Welland, ON L3C 1Z3

3 Beds

2 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft < 700

Subdivision 767 - N. Welland

MLS Listing ID X12065599

Style Bungalow

Bedrooms 3

Building Age 31-50

Annual Tax Amount $3,211

Tax Year 2024

Property Sub-Type Semi-Detached

Appx SqFt < 700

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, 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.

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

Jamie Black

Sales Representative

+1(416) 496-9220

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550 First AVE

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