ON > Welland > 767 - N. Welland
Welland, ON L3C 1Z3,550 First AVE
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Welland, ON L3C 1Z3,550 First AVE
Welland, ON L3C 1Z3,550 First AVE
Welland, ON L3C 1Z3,550 First AVE
Welland, ON L3C 1Z3,550 First AVE
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Karl Sarkadi

Karl Sarkadi

Karl Sarkadi

+1(647) 885-9765
$ 649,990
Est. payment /mo
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Active

550 First AVE Welland, ON L3C 1Z3

3 Beds

2 Baths

UPDATED:

02/15/2025 12:00 AM

Key Details

Property Type Single Family Home

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 767 - N. Welland

MLS Listing ID X11972793

Style Bungalow

Bedrooms 3

Annual Tax Amount $3,211

Tax Year 2024

Property Sub-Type Semi-Detached

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, 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.

Location

Province ON

County Niagara

Community 767 - N. Welland

Area Niagara

Rooms

Family Room No

Basement Finished

Kitchen 2

Separate Den/Office 3

Interior

Interior Features In-Law Suite, Primary Bedroom - Main Floor, Water Heater

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 30.0

Lot Depth 120.0

Total Parking Spaces 4

Building

Unit Features Fenced Yard,Hospital,Library,Public Transit,Rec./Commun.Centre,School

Foundation Concrete

Listed by ROYAL LEPAGE SIGNATURE REALTY
agent
Karl Sarkadi

Agent | License ID: 4792203

+1(647) 885-9765 | info@ksre.ca

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550 First AVE