550 First Ave, Welland, Ontario L3C 1Z3

Listed for:
$649,990
6 beds
2 baths
Listed 49 days ago
House for rent: 550 First Ave, Welland, Ontario L3C 1Z3

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Learn more about this property
Listing provided by:
ROYAL LEPAGE SIGNATURE REALTY
MLS® number:
40698632
Agent:
Jessie Lall
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About

South on Niagara St., West on Quaker Rd., South on First Ave. 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:27476)

Property Highlights

MLS® Number
40698632
Type
Single Family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
4

Building

Building Type
House
Storeys
1.00
Square Footage
1092 sqft
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
6
Amenities
Hospital
Exterior Finish
Aluminum siding
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

4pc Bathroom
Basement
1'1'' x 1'1''
Kitchen
Basement
1'1'' x 1'1''
Bedroom
Basement
1'1'' x 1'1''
Bedroom
Basement
1'1'' x 1'1''
Bedroom
Basement
1'1'' x 1'1''
Bedroom
Main level
1'1'' x 1'1''
Bedroom
Main level
1'1'' x 1'1''
Primary Bedroom
Main level
1'1'' x 1'1''
4pc Bathroom
Main level
Measurements not available
Living room
Main level
1'1'' x 1'1''
Kitchen
Main level
1'1'' x 1'1''

Location