$474,900
↓ $25,000 from $499,900
Est. payment $2,103/moCalculate yours
542 First Avenue N, Welland, ON L3C 1Z3
767 - N. Welland, Welland, ON L3C 1Z3
- 3 + 3 Beds
- 2 Baths
- 700 Sq Ft
Listing courtesy of Century 21 Heritage House LTD MLS® X13816742
About this home
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)
Property details
Overview
- Property Type
- Semi-Detached
- Style
- Backsplit 4
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 31-50
- Size
- 700 sqft
Interior
- Bedrooms
- 3 + 3
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Finished with Walk-Out, Separate Entrance, Walk-Up
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick Front, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Fibreglass Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 30 x 120.11 Feet
- Parking
- None garage · 3 total
- Zoning
- RL2
Financial
- Property Taxes
- $3,252 (2025)
Location
- Neighbourhood
- 767 - N. Welland
- Cross Street
- Woodlawn Rd
- Direction Faces
- East
Listing
- MLS® Number
- X13816742
- Days on Market
- 26
- Listed On
- 2026-09-22
- Possession
- Immediate with tenants
- Listed By
- Century 21 Heritage House LTD
Rooms
Features
Interior
- Carpet Free
Pool
- None
- Excluded
- Tenant Belongings
- Rental items
- NONE
Mortgage calculator
Estimated mortgage payment
$2,103 per month
- Principal and interest
- $2,103
- Property tax
- $271
- Condo fees
- $0
- Estimated monthly cost
- $2,374
Your mortgage
- Mortgage amount
- $379,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $250,906
Cash to close
- Down payment
- $94,980
- Land transfer tax
- $5,973
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $100,953
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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