Welland (767 - N. Welland), ON L3C1Z3,550 FIRST AVENUE
Welland (767 - N. Welland), ON L3C1Z3,550 FIRST AVENUE
Welland (767 - N. Welland), ON L3C1Z3,550 FIRST AVENUE
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$649,990
Est. payment /mo
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6 Beds
2 Baths
1,099 SqFt
Active

550 FIRST AVENUE Welland (767 - N. Welland), ON L3C1Z3

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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,099 sqft

Price per Sqft $591

Subdivision 767 - N. Welland

MLS® Listing ID X11972793

Style Bungalow

Bedrooms 6

Originating Board Toronto Regional Real Estate Board

Property Sub-Type Freehold

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, 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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

Fence Fenced yard

Community Features Community Centre

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Ownership Freehold


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Listed by ROYAL LEPAGE SIGNATURE REALTY

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agent

Mica Sadler

Partner | REALTOR®

+1(519) 589-3521

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550 FIRST AVENUE