Size
-
Lot size
3600 sqft
Street frontage
E
Possession
Flexible
Price per sqft
$433 - $591
Taxes
$3,211 (2024)
Parking Type
-
Style
Bungalow
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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, 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.
EXTRAS:
EXTRAS:
Broker: ROYAL LEPAGE SIGNATURE REALTY
MLS®#: X11972793
Property details
Parking:
4
Parking type:
-
Property type:
Semi-Detached
Heating type:
Forced Air
Style:
Bungalow
MLS Size:
1100-1500 sqft
Lot front:
30 Ft
Lot depth:
120 Ft
Listed on:
Feb 13, 2025
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Instant estimate:
orto view instant estimate
$32,397
lower than listed pricei
High
$636,750
Mid
$617,593
Low
$601,179
