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Front of 550 First Avenue

550 First Avenue

Welland (N. Welland)
Terminated
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Ontario Real Estate › Welland › N. Welland
Front of 550 First Avenue

550 First Avenue

Welland (N. Welland)
Terminated
See all 38 photos
Semi-DetachedMLS X11972793
Last asked:Terminated Apr 4, 2025
$649,990
3+3 Bedrooms
2 Bathrooms
4 Garage
1.1K~1.5K Sq.Ft.
30 x 120 ft Lot
$3,211 Tax/yr

Property history

$649,990first asked
$624,990last asked
▼ 4%since February
FebAprJulSep
ExpiredSep 30, 2025
$624,990MLS® X12065599
TerminatedApr 4, 2025
$649,990MLS® X11972793
Listed for saleApr 3, 2025
$624,990MLS® X12065599
Listed for saleFeb 13, 2025
$649,990MLS® X11972793
Nima Mirderrickvand
Nima Mirderrickvand

Real Estate Broker

416-616-6676

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Property not available for sale or for rent.

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About this home

550 First Avenue, Welland

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.

In-Law SuitePrimary Bedroom - Main FloorWater HeaterFenced YardHospitalLibrary

Facts & features

TypeSemi-Detached
StyleBungalow
Built31-50
Size1.1K~1.5K Sq.Ft.
Lot30 x 120 ft
Tax$3,211 (2024)
HeatingForced air, gas
CoolingCentral air
BasementFinished
Parking4 drive
WaterMunicipal

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Rooms

0 rooms · 2 bathrooms
Bathrooms2
4-pcMain4-pcBasement
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Around this home

First Ave/Niagara College Blvd
5Walking

Schools nearby

School rating, out of 10.

Quaker Roadelementary · Public · 0.5 km
6.6/10
Alexander Kuska KSGelementary · Private · 0.9 km
5.4/10
Glendaleelementary · Public · 1.1 km
6.7/10

Listing details

MLS® numberX11972793
Listed onFeb 13, 2025
Days on market50
UpdatedApr 4, 2025
Listing brokerageROYAL LEPAGE SIGNATURE REALTY
PossessionFlexible

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© 2026 HOMEH Inc., Brokerage · RECO Registration #6000380 · 505 Highway 7 East, Units 308 & 309, Thornhill, ON L3T 7T1 · Listing data courtesy of the MLS® System of the listing brokerage, deemed reliable but not guaranteed.

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