360 First Avenue
Welland, ON
- 6 bed
- 2 bath
- approx. 700-1100 sqft
- Detached
- 89 days on market
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.
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Listing Details
- Taxes (2025)
- $4,000
- Listed
- June 16, 2026
Price History
Listing history
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Property
- Style
- Backsplit 3
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Rolled
- Foundation
- Concrete
- Interior
- Other
- Lot Size
- 56 x 109 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 10
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Woodlawn & First Avenue
- Parcel Number
- 640850237
- Possession
- 30-59 days
- Occupancy
- Tenant
Included
- Inclusions
- 1 Stainless Steel Fridge, 1 stainless steel Oven, 1 stainless steel Built-In Microwave with Hood Fan, 1 Stainless Steel Dishwasher, 1 Fridge, 1 Oven, Washer & Dryer, All Existing Light Fixtures, All Window Coverings, 2 Garden Sheds.
- Rental Items
- Hot Water Tank
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 School0.9 km
Catholic · Niagara CDSB · 505 students
Grade 3 reading: 96% met the provincial standard · Grade 6 math: 71% met the provincial standard
- Glendale Public School1.3 km
Public · DSB Niagara · 360 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 33% met the provincial standard
Secondary
- Niagara Catholic Virtual Secondary School0.9 km
Catholic · Niagara CDSB
- Welland Centennial Secondary School1.7 km
Public · DSB Niagara · 1050 students
Grade 10 literacy: 87% met the provincial standard
- Notre Dame College School2.3 km
Catholic · Niagara CDSB · 1130 students
Grade 10 literacy: 85% 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
- $530,000
- Homes sold
- 753
- Median days on market
- 33
- Sale-to-list price
- 96.2%
Based on 753 recorded sales of residential freehold properties in Welland over the last 12 months.
Rooms
4-piece on Second, 4-piece on Lower
Ground
- Bedroom 28'10" x 11'10"
- Bedroom 38'10" x 8'6"
- Dining Room8'10" x 9'4"
- Kitchen8'10" x 10'2"
- Living Room12'2" x 20'2"
- Primary Bedroom10'7" x 15'
Lower
- Bedroom11' x 8'4"
- Bedroom 412'3" x 13'
- Bedroom 511'8" x 8'4"
- Kitchen15'9" x 11'9"
- Sunroom27'9" x 8'2"
Basement
- Cold Room/Cantina10'10" x 3'9"
- Laundry9'11" x 11'8"
- Other10'10" x 15'6"
- Workshop9'11" x 8'10"
Listed by
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Location
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Mortgage Calculator
$137,980
Estimated Monthly Payment
$3,389
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,389/mo (20% down, 5.5%)
Taxes: $333/mo · Insurance: $172/mo
Estimates only. Consult a financial advisor.
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