Gallery
50
$624,990

CindySEZ

$611,834

CindySEZ

$611,834

550 First Avenue, Welland
N. Welland
3 + 3 Beds
2 Baths

MLS#X12065599

550 First Avenue, Welland

$624,990

N. Welland
3 + 3 Beds
2 Baths

MLS#X12065599

CindySEZ

$611,834

CindySEZ

$611,834

Home DetailsFeaturesExterior FeatureSales History

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.

Home Details

Home Details

  • Category

  • Residential

  • Status

  • New

  • Days on Market

  • 17 Days

  • List date

  • 04/03/2025

  • Listing Updated On

  • 04/07/2025

  • Taxes / Year

  • $3,211 / 2024

  • Style

  • Semi-Detached

  • Type

  • Bungalow

  • Year Built

  • 31-50

  • Lot Size

  • 0.08 Acres

Features

Features

Beds & Baths

  • Total Beds

  • 3 + 3

  • Baths

  • 2

Heating & Cooling

  • Heating Type

  • Forced Air

  • Air Conditioning

  • Central Air

Parking & Garage

  • Total Parking

  • 4

Basement

  • Desc

  • Finished

Appliances & Equipment

Appliances & Equipment

Exclusions

Tenant's Belongings
Neighbourhood Influences

Neighbourhood Influences

Fenced Yard
Hospital
Library
Public Transit
Rec./Commun.Centre
School
Exterior Feature

Exterior Feature

Construction

  • Year Built

  • 31-50

Lot

  • Acres

  • 0.08 Acres

  • Frontage

  • 30 Ft

  • Depth

  • 120 Ft

Construction Details

  • Foundation Type

  • Concrete

  • Roof Material

  • Asphalt Shingle

  • Exterior

  • Brick

Water & Sewer

  • Sewer

  • Sewer

Legal

  • Brokerage

  • Royal Lepage Signature Realty

  • Legal Description

  • Pcl 4-2 Sec M25; Pt Lt 4 Pl M25, Pts 1 & 2 59r1924 ; S/T Bb93085 Welland

Sales History

Sales History

Active

(17 days on market)

Viewing now

New

2025-04-03

Listed For Sale

$624,990

MLS# X12065599

1900-06-21

0

View

1900-06-21

1900-06-21

Listed For Sale

$0

MLS# X11972793

550 First Avenue
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