
$624,990
Est. Payment
$2,387/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by ROYAL LEPAGE SIGNATURE REALTY
Semi-Detached •MLS #X12065599•New
Price comparison with similar homes in Welland
Compared to 1 similar home
-8.1% Lower↓
Market Avg. of (1 similar homes)
$679,900
Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison
Client Remarks
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. Plus, $8,000 worth of furnishings are included, making this a truly turnkey investment with minimal effort required.
About This Property
550 First Avenue, Welland, L3C 1Z3
Home Overview
Basic Information

Walk around the neighborhood
550 First Avenue, Welland, L3C 1Z3
Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
Mortgage Information
Estimated Payment
$499,992 Principal and Interest
Walk Score for 550 First Avenue

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