ON > Welland > 767 - N. Welland
Welland, ON L3C1Z3,550 FIRST AVE
Welland, ON L3C1Z3,550 FIRST AVE
Welland, ON L3C1Z3,550 FIRST AVE
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Muhamed Awada

Muhamed Awada

+1(613) 720-4237
$624,990
Est. payment /mo
6 Beds
2 Baths
1,092 SqFt
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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 $572

Subdivision 767 - N. Welland

MLS® Listing ID 40714013

Style Bungalow

Bedrooms 6

Property Sub-Type Freehold

Source Cornerstone - Mississauga

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 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. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

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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agent

Muhamed Awada

+1(613) 720-4237

Real Estate Agent | License ID: 4726552

Real Estate Agent License ID: 4726552

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