550 First Ave For Sale

Welland, N. Welland, L3C 1Z3

$624,990

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, 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.

Dryer,Range Hood,Refrigerator,Stove,Washer

Location

View Map
  • Address: 550 First Ave
  • Neighborhood: N. Welland
  • City: Welland
  • State: ON
  • Postal Code: L3C 1Z3

Property Details

  • Property ID: 40714013
  • Property Price: $624,990
  • Style: Single Family Residence, Bungalow
  • Sq/Ft: 1092
  • Rooms: 6+5
  • Bedrooms: 3+3
  • Bath: 2
  • Parking Spaces: 4
  • A/C: Central Air
  • Basement: Development Potential, Full, Finished
  • Exterior: Aluminum Siding
  • Heating: Forced Air
  • Taxes: $3,211.00 (2024)
  • Exposure: East

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Recently Sold

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    • Sold 8 days ago

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  • Contact Manoj Kukreja

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

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