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
Welland, ON L3C 1Z3,550 First Ave
Welland, ON L3C 1Z3,550 First Ave
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Real People Real Estate
Listed by Jessie Lall • ROYAL LEPAGE SIGNATURE REALTY
$ 624,990
Est. payment | /mo

6 Beds

2 Baths

1,092 SqFt


Save
$ 624,990
Est. payment | /mo
Save

6 Beds

2 Baths

1,092 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,092 sqft

Price per Sqft $572

MLS Listing ID 40714013

Style Bungalow

Bedrooms 6

Full Baths 2

Abv Grd Liv Area 1,092

Annual Tax Amount $3,211

Property Sub-Type Single Family Residence

Source Mississauga

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 multitenant 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.

Location

Province ON

County Niagara

Area Welland

Zoning RL2

Direction South on Niagara St., West on Quaker Rd., South on First Ave.

Rooms

Basement Development Potential, Full, Finished

Main Level Bedrooms 3

Kitchen 2

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Appliance Water Heater, Dryer, Range Hood, Refrigerator, Stove, Washer

Laundry In Basement

Exterior

Roof Type Asphalt Shing

Lot Frontage 30.0

Lot Depth 120.0

Garage No

Building

Lot Description Urban, Dog Park, City Lot, Hospital

Faces South on Niagara St., West on Quaker Rd., South on First Ave.

Foundation Concrete Perimeter

Sewer Sewer (Municipal)

Water Municipal

Architectural Style Bungalow

Structure Type Aluminum Siding

New Construction No

Others

Senior Community No

Tax ID 640740300

Ownership Freehold/None

advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(519) 865-6393

realpeoplere@gmail.com

174 Stanley Street, Brantford, N3S, 7S3., Canada

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