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List Price: $649,990

550 First Avenue, Welland, L3C 1Z3

- By ROYAL LEPAGE SIGNATURE REALTY
Semi-Detached |MLS - #X11972793|New
6 Bed
2 Bath
1100-1500 Sqft.
None Garage

Price comparison with similar homes in Welland

Compared to 1 similar home
-4.4% Lower
Market Avg. of (1 similar homes)
$679,900

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison

Client Remarks

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 Description

550 First Avenue, Welland, L3C 1Z3

Property type

Semi-Detached

Lot size

N/A acres

Style

Bungalow

Approx. Area

N/A Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Finished

Building size

N/A

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

--

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Walk around the neighborhood
550 First Avenue, Welland, L3C 1Z3
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 550 First Avenue

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