House for Sale in Welland
550 First Ave, Welland, ON
- 3+3 BEDS
- 2 BATHS
- 1,092 sq.ft. Home
Key Facts
- MLS® #: 40714013
- Property ID: SIRC2422861
- Property Type: Residential, Single Family Detached
- Living Space: 1,092 sq.ft.
- Bedrooms: 3+3
- Bathrooms: 2
- Parking Spaces: 4
- Listed By:
- ROYAL LEPAGE SIGNATURE REALTY
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.
Rooms
- TypeLevelDimensionsFlooring
- KitchenMain1' 9.9" x 1' 9.9"Other
- Living roomMain1' 9.9" x 1' 9.9"Other
- Primary bedroomMain1' 9.9" x 1' 9.9"Other
- BedroomMain1' 9.9" x 1' 9.9"Other
- BedroomBasement1' 9.9" x 1' 9.9"Other
- BedroomMain1' 9.9" x 1' 9.9"Other
- BedroomBasement1' 9.9" x 1' 9.9"Other
- KitchenBasement1' 9.9" x 1' 9.9"Other
- BedroomBasement1' 9.9" x 1' 9.9"Other
- BathroomBasement1' 9.9" x 1' 9.9"Other
Listing Agents
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Location
550 First Ave, Welland, Ontario, L3C 1Z3 Canada
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- Principal and Interest $3,051 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a