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550 First Ave

First Ave, Seaway, Welland, ON, L3C 1Z3

6
Beds
2
Baths
1,100 - 1,500
Sq. Ft.
$649,990
List Price
Details
Photos
38
Comparables
History
550 First Ave, Welland, ON - 1 of 3
550 First Ave, Welland, ON - 2 of 3
550 First Ave, Welland, ON - 3 of 3
51 days on market

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, makingit a perfect hands-off investment in a high-demand rental market near Niagara College. Thisproperty has been well maintained and thoughtfully upgraded,... Show More

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, makingit a perfect hands-off investment in a high-demand rental market near Niagara College. Thisproperty has been well maintained and thoughtfully upgraded, featuring fresh new paint, abrand-new hot water tank (2024), and some new appliances. The functional layout offers spaciousliving areas, well-sized bedrooms, and a practical design, ideal for student housing ormulti-tenant occupancy. A large backyard shed provides additional storage, adding value fortenants. Situated in a prime location, this property is just minutes from Niagara College,public transit, shopping, restaurants, and essential amenities, ensuring strong and consistenttenant demand. Plus, $8,000 worth of furnishings are included, making this a truly turnkeyinvestment with minimal effort required.

Property Details

Size

1,100 - 1,500 sq. ft.
6 Beds
3 Above Grade - 3 Below Grade
2 Baths

Parking

4 Parking Spaces
-

Lot

Size
30′0″ * 120′0″
Acres
-

Build

Year Built
1975 - 1994
Model Name
-
Basement
Finished
Exterior
Brick
Foundation
Concrete
Builder Name
-
Stories
-
Flooring
-
Roof
Asphalt Shingle

Heating & Cooling

Heating
Forced Air
Cooling
Central Air

Utilities

Water
-
Sewer
Sewer
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$3,211

Source

Listing Brokerage

MLS® Listing
X11972793
Last Updated
February 14, 2025
Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Call us 800-591-0566

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550 First Ave, Welland, ON
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550 First Ave
$XXX,XXX
Welland, ON, L3C 1Z3
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552 First Ave, Welland, ON
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544 First Ave
$XXX,XXX
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