387 First Avenue, Welland, ON L3C 5R3
Niagara County
Key Facts
Description
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 Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Backsplit 4
Lot Dimensions
33.0x112.0
Parking Spaces
3
MLS® Listing#
X13021994
Property Features
Interior
Cooling
Heating
Basement
Pool
Parking
Construction
Security
Other Structures
Financial Details
Annual Taxes
CA$3,081
Tax year 2025
Assessed Value
CA$162,000
Parcel Number
640840092
Directions
Woodlawn Rd to First Ave
Affordability Calculator
$123,980
Estimated monthly payment
$3,299/mo
Principal $495,920 · Est. interest $691,853 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Welland, ON
- CA$581,940
- Median Listing Price
- 45
- Median Days on Market
- 1,300
- Median Sq Ft
- CA$404
- Median Price / Sq Ft
- 770
- Active Listings
- This home’s price is 7% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Welland, ON.
Location
Points of Interest in Welland, ON
Showing the Welland area map.
Nearby Schools
Glendale Public School
Elementary · 0.6 km away
Welland Centennial Secondary School
Secondary · 0.9 km away
Continuing Education Father Fogarty Campus
Secondary · 1.1 km away
Alexander Kuska Catholic School
School · 1.1 km away
Quaker Road Public School
Secondary · 1.1 km away
Ross Public School
School · 1.4 km away
St David's Company-OP Nursery School
Elementary · 1.4 km away
St Kevin Catholic Elementary School
Elementary · 1.5 km away
Notre Dame College School
Secondary School · 1.7 km away
Gordon Public School
School · 1.7 km away
Ecole Elementaire Nouvel Horizon
School · 1.7 km away
Fitch Street Public School
School · 1.8 km away
Holy Name Catholic Elementary School
Elementary · 2.0 km away
Sacre-Coeur Elementarie
School · 2.1 km away
Ecole Secondaire Jean-Vanier
Secondary · 2.3 km away
Fonthill Montessori Preschool
Elementary · 3.4 km away
St Andrew's School
School · 3.4 km away
Plymouth Public School
School · 3.4 km away
St Mary Catholic Elementary School
Elementary · 3.6 km away
Princess Elizabeth Public School
School · 3.7 km away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 57 Poplar Crescent, Welland, ON | CA$444,000 | 5 | 2 | — |
| 57 POPLAR CRESCENT, Welland (N. Welland), ON | CA$444,000 | 5 | 2 | — |
| 244 Autumn Crescent, Welland, ON | CA$459,900 | 5 | 2 | — |
| 244 AUTUMN CRESCENT, Welland (West Welland), ON | CA$459,900 | 5 | 2 | — |
| 86 GRIFFITH Street, Welland, ON | CA$499,900 | 5 | 1 | — |
| 86 GRIFFITH STREET, Welland (Welland Downtown), ON | CA$499,900 | 5 | 1 | — |
