552 FIRST Avenue
1 / 30

House For Sale

$529,900

552 FIRST Avenue

MLS® Number: 40807115

Bedrooms

5

Bathrooms

2

Floor Area

1,034

About This Property

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.

Property Details

Interior Details

Basement

Finished, Full

Bathrooms Total

2

Bedrooms Total

5

Cooling

Central air conditioning

Heating

Forced air, Natural gas

Living Area

1034 sqft

Building & Exterior

Exterior Features

Brick, Vinyl siding

Land & Location

Frontage Length

30.0 feet

Subdivision Name

767 - N. Welland

Listing & Financials

Listing Office

eXp Realty (Team Branch)

Originating System Name

Cornerstone Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Parking Total

6

Mortgage Calculator

20% ($105,980)
5.5%
25 Years

Estimated Monthly Payment

$2,603

Principal and interest only. Actual rates may vary.

Location & Map

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List Property552 FIRST Avenue, Welland | $529,900 | Lify.ca