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MLS® 40714013

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1092 sqft
Garage No
Taxes $3,211
Lot Size 
Approx. Age 
Avg. Price Per Sqft $572
MLS® Number 40714013

Property Address: 550 1st Ave, Welland, ON, L3C1Z3

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® Number40714013
Laundry LevelIn Basement
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementDevelopment Potential, Full, Finished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Dryer, Range Hood, Refrigerator, Stove, Washer

Price History

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  • Commute

Commute

Starting Address
Destination Address
550 1 St Ave, Welland, ON

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