$499,900
Available - For Sale
Listing ID: X12814730
552 First Avenue , Welland, L3C 1Z3, Niagara
| Turn-key income property steps from Niagara College. This fully tenanted 4-level backsplit offers 5 bedrooms plus 2 additional finished rooms, 2 full bathrooms, 2 kitchens and a separate entrance. An ideal setup for student housing or multi-generational living.The home features a functional multi-level layout with over 1,000 sq ft above grade plus two finished lower levels. Roof updated in 2023 and electrical panel replaced approximately 3 years ago. Parking is a major bonus: a wide 2-car front parking pad plus a driveway extending to the rear adding four more vehicle spots (total 6 parking spaces). Rare flexibility in a high-demand student rental pocket. Situated directly across Niagara College, on a direct bus route to Brock University and minutes to Hwy 406 and Hwy 20. Properties this close to campus with proven rental performance and strong income potential do not come up often. A compelling addition to any investor's portfolio in one of Welland's most reliable student markets. |
| Price | $499,900 |
| Taxes: | $3347.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 552 First Avenue , Welland, L3C 1Z3, Niagara |
| Acreage: | < .50 |
| Directions/Cross Streets: | Woodlawn Rd |
| Rooms: | 11 |
| Bedrooms: | 5 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Finished, Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Upper | Primary B | 12.14 | 8.36 | |
| Room 2 | Upper | Bedroom 2 | 10.17 | 7.48 | |
| Room 3 | Upper | Bedroom 3 | 8.5 | 8.76 | |
| Room 4 | Upper | Bathroom | 4.89 | 9.28 | 4 Pc Bath |
| Room 5 | Main | Living Ro | 14.33 | 6.66 | |
| Room 6 | Main | Kitchen | 9.68 | 10 | |
| Room 7 | Main | Dining Ro | 10.3 | 8.5 | |
| Room 8 | Third | Family Ro | 10.17 | 8.99 | |
| Room 9 | Third | Kitchen | 13.32 | 13.25 | |
| Room 10 | Third | Bathroom | 4.43 | 6.49 | |
| Room 11 | Third | Bedroom 4 | 10.23 | 7.51 | |
| Room 12 | Lower | Bedroom 5 | 7.35 | 9.41 | |
| Room 13 | Lower | Other | 12 | 8.66 | |
| Room 14 | Lower | Other | 7.74 | 7.41 | |
| Room 15 | Lower | Laundry | 11.74 | 8.66 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 3 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | |
| Washroom Type 7 | 3 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 4 | |
| Washroom Type 12 | 3 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 4 | |
| Washroom Type 17 | 3 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 4 | |
| Washroom Type 22 | 3 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 31-50 |
| Property Type: | Semi-Detached |
| Style: | Backsplit 4 |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | None |
| Drive Parking Spaces: | 6 |
| Pool: | None |
| Other Structures: | Shed |
| Approximatly Age: | 31-50 |
| Approximatly Square Footage: | 700-1100 |
| Property Features: | School, Public Transit |
| 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: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Freehold - Semi-Detached |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 767 - N. Welland |
| Style: | Backsplit 4 |
| Approximate Age: | 31-50 |
| Tax: | $3,347 |
| Beds: | 5 |
| Baths: | 2 |
| Fireplace: | Y |
| Pool: | None |
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