ON > Welland > 767 - N. Welland
Welland, ON L3C1Z3,550 FIRST AVE
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Welland, ON L3C1Z3,550 FIRST AVE
Welland, ON L3C1Z3,550 FIRST AVE
Welland, ON L3C1Z3,550 FIRST AVE
Welland, ON L3C1Z3,550 FIRST AVE
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Sunny Pamma

Sunny Pamma

+1(778) 899-7996
$ 649,990
Est. payment /mo
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Active

550 FIRST AVE Welland, ON L3C1Z3

6 Beds

2 Baths

1,092 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,092 sqft

Price per Sqft $595

Subdivision 767 - N. Welland

MLS® Listing ID 40698632

Style Bungalow

Bedrooms 6

Originating Board Cornerstone - Mississauga

Property Sub-Type Freehold

Property 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 multi-tenant 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:24570)

Location

Province ON

Rooms

Extra Room 1 Basement 1'1'' x 1'1'' 4pc Bathroom

Extra Room 2 Basement 1'1'' x 1'1'' Kitchen

Extra Room 3 Basement 1'1'' x 1'1'' Bedroom

Extra Room 4 Basement 1'1'' x 1'1'' Bedroom

Extra Room 5 Basement 1'1'' x 1'1'' Bedroom

Extra Room 6 Main level 1'1'' x 1'1'' Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by ROYAL LEPAGE SIGNATURE REALTY
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Sunny Pamma

Agent | License ID: FPAMMSU

+1(778) 899-7996

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550 FIRST AVE