Get $1,375 Cash Back
387 FIRST AVENUE, Welland (N. Welland) — listed at $549,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 5.79 x 3.76 meters |
| Laundry room | Basement | 1.55 x 1.71 meters |
| Recreational, Games room | Basement | 3.1 x 3.99 meters |
| Kitchen | Basement | 3.04 x 2.57 meters |
| Furnace | Basement | 2.1 x 1.71 meters |
| Kitchen | Main level | 3.3 x 2.67 meters |
| Dining room | Main level | 2.93 x 3.17 meters |
| Primary Bedroom | Second level | 3.98 x 3.06 meters |
| Bedroom 2 | Second level | 2.73 x 3.48 meters |
| Bedroom 3 | Second level | 2.5 x 2.55 meters |
| Bathroom | Second level | 2.17 x 3.05 meters |
| Bedroom 4 | Lower level | 4.36 x 2.46 meters |
| Bedroom 5 | Lower level | 3.74 x 3.24 meters |
| Bathroom | Lower level | 2.05 x 2.12 meters |
Is 387 FIRST AVENUE a good fit for a growing family?+
With 6 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office.
Is this a good starter home?+
At $549,900, this is priced in starter-home territory for Welland (N. Welland). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Could this work as an investment property?+
The basement description mentions: Finished, Apartment in basement, Separate entrance, Walk out, Walk-up, N/A, N/A, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Welland (N. Welland) before counting on it.
What's the parking situation?+
This property includes 3 spaces — No Garage.
Does it have a basement, and is it finished?+
Yes — Finished, Apartment in basement, Separate entrance, Walk out, Walk-up, N/A, N/A, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,081, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Ask About This Property
Nearby Places
Searching nearby places…
Benchmark price · Updated 2026-09
Year over year
Past 10 years
Similar listings
For Sale17 days16
For Sale177 days15
For Sale172 days27
For Sale32 days11
The listing data above is provided under copyright by the Canadian Real Estate Association. While the information is considered reliable, its accuracy is not guaranteed by the Canadian Real Estate Association or getsetsold.ca. Neither getsetsold.ca nor its affiliates make any representations or warranties, express or implied, regarding the accuracy or completeness of the information presented here.