593 First Avenue, Welland, ON
L3C 6Z8
Listed July 29, 2026
About this property
This fully turn-key semi-detached home offers an impressive 7 bedrooms and 4 bathrooms, making it one of the largest floor plans in Welland. Situated on a generous lot just steps from Niagara College, the property is already tenanted and producing solid cash flow-perfect for savvy investors. The finished basement presents excellent potential for a second kitchen, creating an easy opportunity for a future two-unit setup. Conveniently located near transit, schools, and all essential amenities, this is a rare chance to secure a strong income-generating property in a prime location.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 593 First Avenue — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$133,800 · Minimum $41,900
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2025 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$4,391/mo
About $52,692 a year
- $2,959
- $419
- Home insurance$125
- Utilities$330
- Maintenance & repairs$558
Cash needed to close
- Down payment (20%)
- $133,800
- Ontario land transfer tax
- $9,855
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $146,155
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
593 First Avenue, Welland, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: July 29, 2026
Listing Office: HIGHPOINT HOMES REALTY
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