542 First Avenue
Welland, ON
6 bed • 2 bath • approx. 700-1100 sqft • Semi-Detached • 124 days on market
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)
Listing Details
- Taxes (2025)
- $3,252
- Listed
- April 20, 2026
Price History
Listing history
Sign in to view
Property
- Style
- Backsplit 4
- Age
- 31-50
- Construction
- Brick Front, Vinyl Siding
- Roof
- Fibreglass Shingle
- Foundation
- Poured Concrete
- Interior
- Carpet Free
- Lot Size
- 30 x 120.11 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Woodlawn Rd
- Zoning
- RL2
- Parcel Number
- 640740304
- Possession
- Immediate
Commercial
- Occupancy
- Tenant
Included
- Exclusions
- Tenant Belongings
- Rental Items
- NONE
Schools
Elementary
- Quaker Road Public School0.3 km
Public · DSB Niagara · 585 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 65% met the provincial standard
- Alexander Kuska KSG Catholic Elementary School1 km
Catholic · Niagara CDSB · 505 students
Grade 3 reading: 96% met the provincial standard · Grade 6 math: 71% met the provincial standard
- École élémentaire Nouvel Horizon1.4 km
French public · CS Viamonde · 175 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 56% met the provincial standard
Secondary
- Niagara Catholic Virtual Secondary School0.9 km
Catholic · Niagara CDSB
- Welland Centennial Secondary School2.2 km
Public · DSB Niagara · 1050 students
Grade 10 literacy: 87% met the provincial standard
- ÉSC Saint-Jean-de-Brébeuf2.6 km
French Catholic · CS catholique MonAvenir · 390 students
Grade 10 literacy: 91% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L3C
- Population
- 33,462
- Private dwellings
- 14,273
- Median age
- 45.6
- Average household size
- 2.4
- Median household income
- $78,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Welland · last 12 months
- Median sold price
- $535,000
- Homes sold
- 767
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 767 recorded sales of residential freehold properties in Welland over the last 12 months.
Rooms
4-piece on Second, 3-piece on Basement
Second
- Bathroom8' x 7'
- Bedroom14'6" x 8'3"
- Bedroom 211'8" x 9'6"
Ground
- Dining Room9'9" x 11'9"
- Kitchen15'3" x 7'4"
- Living Room14'9" x 11'9"
Lower
- Bathroom4'6" x 4'6"
- Bedroom 311'2" x 10'6"
- Bedroom 410'7" x 8'3"
Basement
- Bedroom8'10" x 8'11"
- Bedroom 59'9" x 9'6"
- Laundry3'3" x 3'3"
Listed by
Century 21 Heritage House LTD
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Mortgage Calculator
$109,980
Estimated Monthly Payment
$2,701
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,701/mo (20% down, 5.5%)
Taxes: $271/mo · Insurance: $137/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?