Start making money on Day 1 of ownership! Fully rented and ALL tenants have already paid the full school term! ($3750/gross monthly income). TURN KEY, READY TO GO, INCOME PRODUCING INVESTMENT PROPERTY! Here are the details about the home: 6 bedrooms, 2 baths, 1 kitchen, 3 parking spaces, all windows are proper egress sized, steel doors on the bedrooms (lower level), 5/8" fire rated drywall in the lower levels, hard wired and battery operated interconnected Smoke and Carbon Monoxide Fire Alarms on all levels, plus sprinkler heads in the furnace room. Seriously.. this house is so close to the college, that some of the parking spaces are farther away from the school than this house is! Plus, it's on the bus route to Brock University and all the other surrounding schools. Perfect home for Niagara College AND Brock University Students!! Quick drive to HWY 406 and HWY 20. This is truly a smart investment for families and investors. Come see it today! (24 hours notice required - Tenant Occupied)
542 First Avenue N
767 - N. Welland, Welland, Niagara $549,900Make an offer
6 Beds
2 Baths
700-1100 sqft
Parking for 3
East Facing
Zoning: RL2
- MLS®#:
- X13022012
- Property Type:
- Semi-Detached
- Property Style:
- Backsplit 4
- Area:
- Niagara
- Community:
- 767 - N. Welland
- Taxes:
- $3,252 / 2025
- Added:
- April 20 2026
- Lot Frontage:
- 30
- Lot Depth:
- 120.11
- Status:
- Active
- Outside:
- Brick Front,Vinyl Siding
- Year Built:
- 31-50
- Basement:
- Finished with Walk-Out,Separate Entrance,Walk-Up
- Brokerage:
- Century 21 Heritage House LTD
- Lot :
-
120
30
- Intersection:
- Woodlawn Rd
- Rooms:
- Bedrooms:
- 6
- Bathrooms:
- 2
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Central Air
- Heating Type:
- Forced Air
- Heating Fuel:
| Kitchen | 4.65 x 2.23m Ground Level |
|---|---|
| Living Room | 4.5 x 3.58m Ground Level |
| Dining Room | 2.97 x 3.58m Ground Level |
| Bedroom | 4.42 x 2.51m Second Level |
| Bedroom 2 | 3.56 x 2.9m Second Level |
| Bathroom | 2.44 x 2.13m Second Level |
| Bedroom 3 | 3.4 x 3.2m Lower Level |
| Bedroom 4 | 3.23 x 2.51m Lower Level |
| Bathroom | 1.37 x 1.37m Lower Level |
| Bedroom 5 | 2.97 x 2.9m Basement Level |
| Bedroom | 2.69 x 2.72m Basement Level |
| Laundry | 1 x 1m Basement Level |
Listing Details
Insights
- Strong Rental Income Potential: This property generates a gross monthly income of $3,750, making it a lucrative investment opportunity from day one.
- Ideal Location for Students: Located near Niagara College and on the bus route to Brock University, this property is perfectly positioned to attract student tenants.
- Safety Features Included: Equipped with egress windows, fire-rated drywall, and interconnected smoke and carbon monoxide alarms, ensuring a safe living environment for tenants.
Sale/Lease History of 542 First Avenue N
View all past sales, leases, and listings of the property at 542 First Avenue N.Neighborhood Overview
Complete neighborhood profile for 542 First Avenue N
767 - N. Welland home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in 767 - N. Welland
Insights for 542 First Avenue N
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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
