Size
1092 sqft
Lot size
3600 sqft
Street frontage
-
Possession
-
Price per sqft
$572
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, 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.
Broker: ROYAL LEPAGE SIGNATURE REALTY
MLS®#: 40714013
Property details
Parking:
4
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Bungalow
MLS Size:
1092 sqft
Lot front:
30 Ft
Lot depth:
120 Ft
Listed on:
Apr 3, 2025
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Main | Kitchen | 0.33 x 0.33 ft | |
Main | Living Room | 0.33 x 0.33 ft | |
Main | Bathroom | Unknown |
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