552 First Avenue Welland, Ontario L3C 1Z3
$529,900
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:46441)
Property Details
| MLS® Number | 40807115 |
| Property Type | Single Family |
| Amenities Near By | Public Transit, Schools |
| Parking Space Total | 6 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 5 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Semi-detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Vinyl Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1034 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 120 Ft |
| Size Frontage | 30 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Rl2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Third Level | Family Room | 10'2'' x 9'1'' | ||
| Third Level | Bedroom | 10'3'' x 7'6'' | ||
| Third Level | 3pc Bathroom | 4'5'' x 6'6'' | ||
| Third Level | Kitchen | 13'4'' x 13'3'' | ||
| Lower Level | Laundry Room | 11'9'' x 8'8'' | ||
| Lower Level | Bedroom | 7'4'' x 9'5'' | ||
| Lower Level | Bonus Room | 7'9'' x 7'5'' | ||
| Lower Level | Bonus Room | 12'1'' x 8'8'' | ||
| Main Level | Dining Room | 10'4'' x 8'6'' | ||
| Main Level | Kitchen | 9'8'' x 10'1'' | ||
| Main Level | Living Room | 14'4'' x 6'8'' | ||
| Upper Level | 4pc Bathroom | 4'11'' x 9'3'' | ||
| Upper Level | Bedroom | 8'6'' x 8'9'' | ||
| Upper Level | Bedroom | 10'2'' x 7'6'' | ||
| Upper Level | Primary Bedroom | 12'2'' x 8'4'' |
https://www.realtor.ca/real-estate/29392616/552-first-avenue-welland
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February 24 2026 03:39:26
REALTORS® Association of Hamilton-Burlington
Exp Realty (Team Branch)