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$549,900
Available - For Sale
Listing ID: X12765762
542 First Avenue North , Welland, L3C 1Z3, Niagara


Start making money on Day 1 of ownership! Fully rented and ALL tenants have already paid the full school term! ($3750/gross monthly income). TURN KEY, READY TO GO, INCOME PRODUCING INVESTMENT PROPERTY! Here are the details about the home: 6 bedrooms, 2 baths, 1 kitchen, 3 parking spaces, all windows are proper egress sized, steel doors on the bedrooms (lower level), 5/8" fire rated drywall in the lower levels, hard wired and battery operated interconnected Smoke and Carbon Monoxide Fire Alarms on all levels, plus sprinkler heads in the furnace room. Seriously.. this house is so close to the college, that some of the parking spaces are farther away from the school than this house is! Plus, it's on the bus route to Brock University and all the other surrounding schools. Perfect home for Niagara College AND Brock University Students!! Quick drive to HWY 406 and HWY 20. This is truly a smart investment for families and investors. Come see it today! (24 hours notice required - Tenant Occupied)
Price $549,900
Taxes: $3252.00
Assessment Year: 2025
Occupancy: Tenant
Address: 542 First Avenue North , Welland, L3C 1Z3, Niagara
Acreage: < .50
Directions/Cross Streets: Woodlawn Rd
Rooms: 6
Rooms +: 7
Bedrooms: 3
Bedrooms +: 3
Family Room: F
Basement: Finished wit, Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Ground Kitchen 15.25 7.31
Room 2 Ground Living Ro 14.76 11.74
Room 3 Ground Dining Ro 9.74 11.74
Room 4 Second Bedroom 14.5 8.23
Room 5 Second Bedroom 2 11.68 9.51
Room 6 Second Bathroom 8 6.99
Room 7 Lower Bedroom 3 11.15 10.5
Room 8 Lower Bedroom 4 10.59 8.23
Room 9 Lower Bathroom 4.49 4.49
Room 10 Basement Bedroom 5 9.74 9.51
Room 11 Basement Bedroom 8.82 8.92
Room 12 Basement Laundry 3.28 3.28
Washroom Type No. of Pieces Level
Washroom Type 1 4 Second
Washroom Type 2 3 Basement
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 4 Second
Washroom Type 7 3 Basement
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 4 Second
Washroom Type 12 3 Basement
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Total Area: 0.00
Approximatly Age: 31-50
Property Type: Semi-Detached
Style: Backsplit 4
Exterior: Brick Front, Vinyl Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 3
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 31-50
Approximatly Square Footage: 700-1100
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
$ /Year
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$ /Year
$ /Year
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Years
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
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Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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At a Glance:
Type: Freehold - Semi-Detached
Area: Niagara
Municipality: Welland
Neighbourhood: 767 - N. Welland
Style: Backsplit 4
Lot Size: x 120.11(Feet)
Approximate Age: 31-50
Tax: $3,252
Maintenance Fee: $0
Beds: 3+3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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