$649,990
FOR SALE

Semi-Detached Bungalow

Bedrooms: 3+3Bathrooms: 2Lot: 30 x 120 ft

550 First Avenue
Welland (767 - N. Welland), ON L3C 1Z3

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. (id:47421)
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Listed By ROYAL LEPAGE SIGNATURE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X11972793
Last Updated Mar 24, 2025
Property Summary
Property Type Semi-Detached

More like this:
Community 767 - N. Welland
Price History

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Detailed Information
Bedrooms 3+3
Bathrooms 2
Lot 30 x 120 ft
Amenities Nearby Hospital, Public Transit, Schools
Community Features Community Centre
Equipment Water Heater
Features In-Law Suite
Listing Contract Date 2025-02-13
Location Description First Ave/Niagara College Blvd
Ownership Type Freehold
# of Parking Spaces 4
Property Type Single Family
Rental Equipment Water Heater
Structures Shed
Transaction Type For sale
Building
Age 31 to 50 years
Appliances Water Heater, Dryer, Two stoves, Washer, Two Refrigerators
Architectural Style Bungalow
Basement Development Finished
Basement Type N/A (Finished)
Construction Style (Attachment) Semi-detached
Cooling Type Central air conditioning
Exterior Finish Brick
Foundation Type Concrete
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 1
Type House
Utility Water Municipal water
Land
Total Size 30 x 120 FT
Amenities Hospital, Public Transit, Schools
Fence Type Fenced yard
Sewer Sanitary sewer
Size of Irregular Land 30 x 120 FT

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