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550 First Ave

First AveSeawayWellandON, L3C 1Z3

6
Beds
2
Baths
1,092
Sq. Ft.
$624,990
List Price
550 First Ave, Welland, ON - 1 of 3
550 First Ave, Welland, ON - 2 of 3
550 First Ave, Welland, ON - 3 of 3
New
3 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, making it a perfect hands-off investment in a high-demand rental market near Niagara College. This property has been well maintained and thoughtfully... 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, 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:54626)

Property Details

Size

1,092 sq. ft.
11 total rooms across 1 floor
6 Beds
3 Above Grade - 3 Below Grade
2 Baths
2 Full

Parking

4 Parking Spaces
-

Lot

Size
360′0″ * 1440′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Aluminum siding
Foundation
-
Builder Name
-
Stories
1
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Rooms

4pc Bathroom

1′1″ x 1′1″

Kitchen

1′1″ x 1′1″

Bedroom

1′1″ x 1′1″

Bedroom

1′1″ x 1′1″

Bedroom

1′1″ x 1′1″

Bedroom

1′1″ x 1′1″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40714013
Last Updated
April 5, 2025
Brokerage
ROYAL LEPAGE SIGNATURE REALTY
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