360 First Avenue, Welland, ON L3C 5Y9

$689,900
6
BD
2
BA
700
SqFt

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List Price
$689,900
MLS#
X13450982
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Backsplit 3
Bedrooms
6
Bathrooms
2
Living Area
700-1100
Province
ON
Municipality
Welland
Area
Niagara
Neighborhood
767 - N. Welland
Subdivision
Woodlawn & First Avenue

Property Description

Investor-friendly opportunity at 360 First Ave in Welland. This newly renovated detached 3+3 bedroom backsplit offers approximately 1,100 sq. ft. above grade, plus a finished lower level with separate entrance, 2 bathrooms, 2 kitchens, and parking for up to 10 vehicles. The current owner previously rented the home by the room to students and health care workers, reportedly collecting $750 per room across 6 rooms, for a total of $4,500 per month. Buyers to verify rental income and intended use. The main level features a renovated kitchen withstainless steel appliances, coffee bar, bright living space, 3 bedrooms, and a 4-piece bath.The lower level includes 3 additional bedrooms, an eat-in kitchen, 3-piece bath, and separate entrance through the solarium, offering excellent flexibility for investors, multi-generational families, or buyers seeking income potential. Conveniently located near Niagara College, schools, parks, shopping, restaurants, public transit, and just a short drive to Brock University. A turnkey opportunity in a high-demand rental area.

Additional Information

Taxes
$4,000
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Lot Depth
109
Family Room
Yes
Kitchens
2
Exterior
Brick, Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
10
Parking Type
Private Double

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX EXPERTS.