550 First Avenue For Sale

Welland, 767 - N. Welland, L3C 1Z3

$649,990

Description

Listed by ROYAL LEPAGE SIGNATURE REALTY.

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.

Location

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  • Address: 550 First Avenue
  • Neighborhood: 767 - N. Welland
  • City: Welland
  • State: Ontario
  • Postal Code: L3C 1Z3

Property Details

  • Property ID: X11972793
  • Property Price: $649,990
  • Style: Semi-Detached, Bungalow
  • Sq/Ft: 1100-1500
  • Rooms: 6+6
  • Bedrooms: 3+3
  • Bath: 2
  • Parking Spaces: 4
  • Year Built: 31-50
  • A/C: Central Air
  • Basement: Finished
  • Central Vac.: N
  • Den: N
  • Elevator: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $3,211.00 (2024)
  • Lot: 120.00x30.00 (Feet)

Property History

This property has been sold 1 time before. To view this property's sale price history please sign in or register:


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Recently Sold

  • Semi-Detached House sold at 65 Dalegrove Drive, Kitchener, N2M 2G6 - MLS: X11921591
    • Sold 19 days ago

    65 Dalegrove Drive

    Kitchener, N2M 2G6

    $699,900

    $000000

  • Semi-Detached House sold at 93 Hobart Crescent, South of Baseline to Knoxdale, 7603 - Sheahan Estates/Trend Village, K2H 5S3 - MLS: X11944981
    • Sold 11 days ago

    93 Hobart Crescent

    South of Baseline to Knoxdale, 7603 - Sheahan Estates/Trend Village, K2H 5S3

    $579,900

    $000000

  • Contact Manoj Kukreja

    Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
    (647) 576 - 2100

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