552 First Avenue
767 - N. Welland, Welland, L3C 1Z3
FOR SALE
$474,800
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3 + 4
BEDROOMS 2
BATHROOMS 1 + 1
KITCHENS 6 + 6
ROOMS X13626948
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Property Description
Turn-key investment property directly across from Niagara College. This is 4-level backsplit offers 5 bedrooms plus 2 additional finished rooms, 2 full bathrooms, 2 kitchens, and a separate entrance, making it an ideal setup for student housing or multi-generational living. Spanning over 1,000 sq ft above grade plus two finished lower levels, the home features key mechanical updates including a newer roof (2023), Brand new Kitchen with Quartz Countertops(2026), Some light fixtures and a recently replaced electrical panel. A massive selling point is the rare parking capacity for up to 6 vehicles via a wide 2-car front pad and a deep driveway. Situated on a direct bus route to Brock University and minutes from Highways 406 and 20, this high-yield asset delivers proven rental performance and unmatched proximity to campus in one of Welland's most reliable student markets.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2022-05-17 | 2022-05-22 | 5 | $549,900 | $510,000 |
Property Features
Other
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Property Details
Address
552 First Avenue
Community
City
Postal Code
L3C 1Z3
Property Type
Semi-Detached , Semi-Detached
Zoning
RL2
Lot Size
30' x 120'
Taxes
$3,347 (2026
Basement
Finished, Full, Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Revel Realty Inc., Brokerage
Family friendly neighborhood and steps to Niagara College make this North Welland Semi ideal for first time buyers with rental income from lower unit or straight up student rental. Self contained lower unit would also make ideal in-law suite. So many options!
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Perfect investment opportunity or entry-level home in a highly desirable, family-friendly Welland community! This 2-storey semi-detached home sits in a prime location just steps from Niagara College offering perpetual tenant demand in a prime community pocket with parks, diverse shopping options, and transit. The main floor boasts a spacious living room alongside a large eat-in kitchen with a generous dining area which steps directly into a private, fully fenced backyard - ideal for kids, pets, and summer hosting. The layout is exceptionally high utility: featuring 3 upper level bedrooms and a finished basement with 2 additional bedrooms plus a second bathroom providing excellent occupancy potential. The private driveway easily accommodates 2 vehicles. Offered at an aggressive price point for a quick sale, this property provides immense upside potential. Don't miss this well-located semi-detached home currently generating $2,200/month in rental income. Perfect for the investor looking to add a stable cash-flowing asset with zero effort from day one.
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