550 First Ave Welland, Ontario L3C 1Z3
MLS# 40714013 - Buy this house, and I'll buy Yours*

$624,990

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. (id:51158)

Property Details

MLS® Number	40714013
Property Type	Single Family
Amenities Near By	Hospital
Parking Space Total	4

About 550 First Ave, Welland, Ontario

This For sale Property is located at 550 First Ave is a Semi-detached Single Family House Bungalow, in the City of Welland. Nearby amenities include - Hospital. This Semi-detached Single Family has a total of 6 bedroom(s), and a total of 2 bath(s) . 550 First Ave has Forced air heating and Central air conditioning. This house features a Fireplace.

The Basement includes the 4pc Bathroom, Kitchen, Bedroom, Bedroom, Bedroom, The Main level includes the Bedroom, Bedroom, Primary Bedroom, 4pc Bathroom, Living Room, Kitchen, The Basement is Finished.

This Welland House's exterior is finished with Aluminum siding

The Current price for the property located at 550 First Ave, Welland is $624,990 and was listed on MLS on :2025-04-05 20:37:30. The current average price in the city of is $0.00. The lowest price listed on MLS for a listing is $0.00. The highest priced 's in the area is prices at $0.00. The city of has 0 - 's listed on the MLS System.

Building

Bathroom Total	2
Bedrooms Above Ground	3
Bedrooms Below Ground	3
Bedrooms Total	6
Appliances	Dryer, Refrigerator, Stove, Washer, Hood Fan
Architectural Style	Bungalow
Basement Development	Finished
Basement Type	Full (finished)
Construction Style Attachment	Semi-detached
Cooling Type	Central Air Conditioning
Exterior Finish	Aluminum Siding
Fire Protection	Smoke Detectors
Heating Type	Forced Air
Stories Total	1
Size Interior	1092 Sqft
Type	House
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Hospital
Sewer	Municipal Sewage System
Size Depth	120 Ft
Size Frontage	30 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	Rl2

Rooms

Level	Type	Length	Width	Dimensions
Basement	4pc Bathroom			1'1'' x 1'1''
Basement	Kitchen			1'1'' x 1'1''
Basement	Bedroom			1'1'' x 1'1''
Basement	Bedroom			1'1'' x 1'1''
Basement	Bedroom			1'1'' x 1'1''
Main Level	Bedroom			1'1'' x 1'1''
Main Level	Bedroom			1'1'' x 1'1''
Main Level	Primary Bedroom			1'1'' x 1'1''
Main Level	4pc Bathroom			Measurements not available
Main Level	Living Room			1'1'' x 1'1''
Main Level	Kitchen			1'1'' x 1'1''

https://www.realtor.ca/real-estate/28126422/550-first-ave-welland