550 First Avenue, Welland, Ontario L3C 1Z3

Listed for:
$649,990
6 beds
2 baths
Listed 47 days ago
House for rent: 550 First Avenue, Welland, Ontario L3C 1Z3

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Learn more about this property
Listing provided by:
ROYAL LEPAGE SIGNATURE REALTY
MLS® number:
X11972793
Agent:
Jaskaran Singh Lall
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About

First Ave/Niagara College Blvd 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. (id:27476)

Property Highlights

MLS® Number
X11972793
Type
Single Family
Community Name
767 - N. Welland
Ownership Type
Freehold
Land Size
30 x 120 FT
Parking Space Total
4

Building

Building Type
House
Storeys
1.00
Square Footage
1099.9909 - 1499.9875 sqft
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
6
Amenities
Hospital, Public Transit, Schools
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Street Spotlight - For sale