Gallery
38

$649,990

CindySEZ

$665,365

CindySEZ

$665,365

550 First Avenue, Welland

N. Welland
3 + 3 Beds
2 Baths

MLS#X11972793

550 First Avenue, Welland

$649,990

N. Welland
3 + 3 Beds
2 Baths

MLS#X11972793

CindySEZ

$665,365

CindySEZ

$665,365

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, 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.

Home Details
Home Details
  • Category

  • Residential

  • Status

  • New

  • Days on Market

  • 12 Days

  • List date

  • 02/13/2025

  • Listing Updated On

  • 02/15/2025

  • 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

(12 days on market)

Viewing now

New

2025-02-13

Listed For Sale

$649,990

MLS# X11972793

550 First Avenue
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