552 First Avenue, Welland, Ontario  L3C 1Z3 - Photo 1 - X12814730
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552 First Avenue
Welland, Ontario L3C 1Z3

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. (id:15265)

$529,900 For sale

MLS® Number
X12814730
Type
Single Family
Building Type
House
Bedrooms
5
Bathrooms
2
Parking
6
SQ Footage
700 - 1,100 ft2
Fireplace
Fireplace
Cooling
Central Air Conditioning
Heating
Forced Air

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Property Details

MLS® Number X12814730
Property Type Single Family
Community Name 767 - N. Welland
AmenitiesNearBy Schools, Public Transit
EquipmentType Water Heater
Features Carpet Free
ParkingSpaceTotal 6
RentalEquipmentType Water Heater
Structure Shed

Parking

No Garage

Land

Acreage No
LandAmenities Schools, Public Transit
Sewer Sanitary Sewer
SizeDepth 120 Ft ,2 In
SizeFrontage 30 Ft
SizeIrregular 30 X 120.2 Ft
SizeTotalText 30 X 120.2 Ft|under 1/2 Acre
ZoningDescription Rl2

Building

BathroomTotal 2
BedroomsAboveGround 5
BedroomsTotal 5
Age 31 To 50 Years
Appliances Dryer, Two Stoves, Washer, Window Coverings, Two Refrigerators
BasementDevelopment Finished
BasementFeatures Separate Entrance
BasementType N/a (finished), Full, N/a
ConstructionStyleAttachment Semi-detached
ConstructionStyleSplitLevel Backsplit
CoolingType Central Air Conditioning
ExteriorFinish Brick, Vinyl Siding
FireplacePresent Yes
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 700 - 1,100 Ft2
Type House
UtilityWater Municipal Water

Rooms

Level Type Dimensions
Third Level Bedroom 4 3.12 m x 2.29 m
Third Level Family Room 3.1 m x 2.74 m
Third Level Kitchen 4.06 m x 4.04 m
Third Level Bathroom 1.35 m x 1.98 m
Lower Level Bedroom 5 2.24 m x 2.87 m
Lower Level Other 3.66 m x 2.64 m
Lower Level Other 2.36 m x 2.26 m
Lower Level Laundry Room 3.58 m x 2.64 m
Main Level Living Room 4.37 m x 2.03 m
Main Level Kitchen 2.95 m x 3.05 m
Main Level Dining Room 3.14 m x 2.59 m
Upper Level Primary Bedroom 3.7 m x 2.55 m
Upper Level Bedroom 2 3.1 m x 2.28 m
Upper Level Bedroom 3 2.59 m x 2.67 m
Upper Level Bathroom 1.49 m x 2.83 m

Location Map

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stephan 1

Stephan Ayotte

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Katherine Rodgers

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