$549,900
↓ $50,000 from $599,900
Est. payment $2,435/moCalculate yours
387 First Avenue, Welland, ON L3C 5R3
767 - N. Welland, Welland, ON L3C 5R3
- 3 + 3 Beds
- 2 Baths
- 700 Sq Ft
Listing courtesy of Century 21 Heritage House LTD MLS® X13804364
About this home
TURN KEY, READY TO GO INCOME PRODUCING INVESTMENT PROPERTY! Versatile layout with 2 units / InLaw Suite. Upper Unit: 3 bedrooms, 4pc bath, kitchen, dining room, living room, separate entrance Lower Unit: 3 bedrooms, 3pc bath, kitchen, living room, separate entrance.Plenty of updates: fresh paint, newer roof shingles, vinyl windows and more.Safety features: Emergency lighting on every floor by the exits, Hardwired-Interconnected Smoke/CO Fire alarms on every level, sprinkler heads in the furnace room, 5/8″ Fire-Rated drywall and Fire-Rated steel doors throughout the lower level. Every bedroom has a large egress window. Location: Just down the street from Niagara College, 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!
Property details
Overview
- Property Type
- Semi-Detached
- Style
- Backsplit 4
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 51-99
- Size
- 700 sqft
Interior
- Bedrooms
- 3 + 3
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Apartment, Finished with Walk-Out, Separate Entrance, Walk-Up
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Aluminum Siding, Brick Front
- Foundation
- Poured Concrete
- Roof
- Fibreglass Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 33 x 112 Feet
- Parking
- None garage · 3 total
- Zoning
- RL2
Financial
- Property Taxes
- $3,081 (2025)
Location
- Neighbourhood
- 767 - N. Welland
- Cross Street
- Woodlawn Rd
- Direction Faces
- West
Listing
- MLS® Number
- X13804364
- Days on Market
- 30
- Listed On
- 2026-09-18
- Possession
- immediate with tenant
- Listed By
- Century 21 Heritage House LTD
Rooms
Features
Interior
- Accessory Apartment
- In-Law Suite
Property
- Library
- Park
- Place Of Worship
- Public Transit
- School Bus Route
- School
Pool
- None
- Excluded
- Tenant Belongings, washer, dryer
- Rental items
- HWT
Mortgage calculator
Estimated mortgage payment
$2,435 per month
- Principal and interest
- $2,435
- Property tax
- $257
- Condo fees
- $0
- Estimated monthly cost
- $2,692
Your mortgage
- Mortgage amount
- $439,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $290,531
Cash to close
- Down payment
- $109,980
- Land transfer tax
- $7,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $117,453
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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