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552 First Avenue

552 First Avenue

Welland, ON

  • 7 bed
  • 2 bath
  • approx. 700-1100 sqft
  • Semi-Detached
  • 49 days on market
$474,800

Turn-key investment property directly across from Niagara College. This is 4-level backsplit offers 5 bedrooms plus 2 additional finished rooms, 2 full bathrooms, 2 kitchens, and a separate entrance, making it an ideal setup for student housing or multi-generational living. Spanning over 1,000 sq ft above grade plus two finished lower levels, the home features key mechanical updates including a newer roof (2023), Brand new Kitchen with Quartz Countertops(2026), Some light fixtures and a recently replaced electrical panel. A massive selling point is the rare parking capacity for up to 6 vehicles via a wide 2-car front pad and a deep driveway. Situated on a direct bus route to Brock University and minutes from Highways 406 and 20, this high-yield asset delivers proven rental performance and unmatched proximity to campus in one of Welland's most reliable student markets.

Listing Details

Taxes (2026)
$3,347
Listed
July 31, 2026

Price History

Listing history

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Property

Style
Backsplit 4
Construction
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation
Poured Concrete
Interior
Other
Lot Size
30 x 120.21 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
6

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
FIRST ST AND PAGE ST
Zoning
RL2
Parcel Number
640740299
Possession
Immediate
Occupancy
Vacant

Included

Rental Items
HOT WATER HEATER

Schools

Elementary

  • Fitch Street Public School0.3 km

    Public · DSB Niagara · 510 students

    Grade 3 reading: 79% met the provincial standard · Grade 6 math: 50% met the provincial standard

  • Ross Public School1 km

    Public · DSB Niagara · 290 students

    Grade 3 reading: 56% met the provincial standard · Grade 6 math: 43% met the provincial standard

  • Holy Name Catholic Elementary School1 km

    Catholic · Niagara CDSB · 430 students

    Grade 3 reading: 93% met the provincial standard · Grade 6 math: 48% met the provincial standard

Secondary

  • Notre Dame College School1.3 km

    Catholic · Niagara CDSB · 1130 students

    Grade 10 literacy: 85% met the provincial standard

  • Welland Centennial Secondary School1.4 km

    Public · DSB Niagara · 1050 students

    Grade 10 literacy: 87% met the provincial standard

  • École secondaire Franco-Niagara2.9 km

    French public · CS Viamonde · 120 students

    Grade 10 literacy: 100% 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
$531,250
Homes sold
740
Median days on market
33
Sale-to-list price
96.2%

Based on 740 recorded sales of residential freehold properties in Welland over the last 12 months.

Listed by

REVEL Realty Inc., Brokerage

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$94,960

Estimated Monthly Payment

$2,333

Land transfer tax

Estimated land transfer tax$5,971

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: $2,333/mo (20% down, 5.5%)

Taxes: $279/mo · Insurance: $119/mo

Estimates only. Consult a financial advisor.

R

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