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$624,990
550 FIRST AVE
Welland, Ontario, Ontario, L3C1Z3
MLS® Number: 40714013
Property 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.
Building information
Type
*****
Appliances
*****
Architectural Style
*****
Basement Development
*****
Basement Type
*****
Construction Style Attachment
*****
Cooling Type
*****
Exterior Finish
*****
Fire Protection
*****
Heating Type
*****
Size Interior
*****
Stories Total
*****
Utility Water
*****
Land information
Amenities
*****
Sewer
*****
Size Depth
*****
Size Frontage
*****
Size Total
*****
Rooms
Main level
Kitchen
*****
Living room
*****
4pc Bathroom
*****
Primary Bedroom
*****
Bedroom
*****
Bedroom
*****
Basement
Bedroom
*****
Bedroom
*****
Bedroom
*****
Kitchen
*****
4pc Bathroom
*****
Main level
Kitchen
*****
Living room
*****
4pc Bathroom
*****
Primary Bedroom
*****
Bedroom
*****
Bedroom
*****
Basement
Bedroom
*****
Bedroom
*****
Bedroom
*****
Kitchen
*****
4pc Bathroom
*****
Main level
Kitchen
*****
Living room
*****
4pc Bathroom
*****
Primary Bedroom
*****
Bedroom
*****
Bedroom
*****
Basement
Bedroom
*****
Bedroom
*****
Bedroom
*****
Kitchen
*****
4pc Bathroom
*****
Courtesy of ROYAL LEPAGE SIGNATURE REALTY
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