ON > Welland > 767 - N. Welland
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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Cody Sturgess

Cody Sturgess

+1(905) 924-3211
$ 624,990
Est. payment | /mo

6 Beds

2 Baths

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

6 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft < 700

Subdivision 767 - N. Welland

MLS Listing ID X12065599

Style Bungalow

Bedrooms 6

Building Age 31-50

Annual Tax Amount $3,211

Tax Year 2024

Property Sub-Type Semi-Detached

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 multi-tenant 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. Plus, $8,000 worth of furnishings are included, making this a truly turnkey investment with minimal effort required.

Location

Province ON

County Niagara

Community 767 - N. Welland

Area Niagara

Rooms

Basement Finished

Kitchen 2

Interior

Interior Features In-Law Suite, Primary Bedroom - Main Floor, Water Heater

Cooling Central Air

Inclusions ELF's, 2 Fridges, 2 Stoves, Washer, Dryer. $8, 000 Of Furnishings, Shingles (2015), Furnace/AC (2019), Paint (2024), Hot Water Tank (2024), Newer Roof, Newer Electrical, Newer Plumbing

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Foundation Concrete

Lited by ROYAL LEPAGE SIGNATURE REALTY

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agent

Cody Sturgess

Agent | License ID: 9639208

+1(905) 924-3211

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550 First AVE