This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
550 First Ave Welland, Ontario L3C 1Z3
6 Bedroom
2 Bathroom
1092 sqft
Bungalow
Central Air Conditioning
Forced Air
$649,990
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 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. (id:49203)
Property Details
| MLS® Number | 40698632 |
| Property Type | Single Family |
| Amenities Near By | Hospital |
| Parking Space Total | 4 |
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/27915415/550-first-ave-welland
Interested?
Contact us for more information
Jessie Lall
Salesperson
Royal LePage Signature Realty
30 Eglinton Ave West Suite 7
Mississauga, Ontario L5R 3E7
30 Eglinton Ave West Suite 7
Mississauga, Ontario L5R 3E7
(905) 568-2121
(905) 568-2588
www.royallepagesignature.com/
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
February 15 2025 12:28:28
Mississauga Real Estate Board
Royal LePage Signature Realty