413 First Ave, Welland

Living room - 413 First Ave, Welland, ON L3C5R3 Photo 1

14 Photos

Dining room - 413 First Ave, Welland, ON L3C5R3 Photo 2
Kitchen - 413 First Ave, Welland, ON L3C5R3 Photo 3
Primary Bedroom - 413 First Ave, Welland, ON L3C5R3 Photo 4
Bedroom 2 - 413 First Ave, Welland, ON L3C5R3 Photo 5
Bedroom 3 - 413 First Ave, Welland, ON L3C5R3 Photo 6
Family room - 413 First Ave, Welland, ON L3C5R3 Photo 7
  • Bedrooms: 6
  • Bathrooms: 2
  • MLS®: x8079302
  • Type: Residential
  • Added: 79 days ago

Property Details

Investment Opportunity: Cash Flow Property Near Niagara CollegeWelcome to this prime investment property located within walking distance from Niagara College, offering both convenience and potential for steady rental income. This spacious home is strategically designed for optimal usage, featuring multiple living areas across two levels, ideal for accommodating students or tenants seeking proximity to educational institutions. The upper level boasts a comfortable living area, a separate dining space, and a well-appointed kitchen, providing ample room for relaxation and culinary endeavors. The basement presents further opportunities for functional living, with a secondary kitchen, laundry facilities, and generous living and one bedroom, enhancing the property's appeal and versatility. With its strategic location near Niagara College, this property promises consistent rental demand, making it an attractive option for investors seeking a reliable cashflow opportunity. (id:1945)

Best Mortgage Rates

powered by Ratehub.ca

Property Information

  • Cooling: Central air conditioning
  • Heating: Forced air, Natural gas
  • Basement: Finished, Full
  • Photos Count: 14
  • Parking Total: 3
  • Bedrooms Total: 6
  • Structure Type: House
  • Common Interest: Freehold
  • Tax Annual Amount: 2935
  • Exterior Features: Brick, Aluminum siding
  • Lot Size Dimensions: 32 x 112 FT
Room Dimensions
Type Level Dimensions
Living room Main level
Dining room Main level
Kitchen Main level
Primary Bedroom Second level
Bedroom 2 Second level
Bedroom 3 Second level
Family room Basement
Bedroom Basement
Bedroom 2 Basement
Kitchen Basement
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

Nearby Places

Name Type Address Distance
District School Board of Niagara School 240 Thorold Rd 1.0 km
Welland Centennial Secondary School The school mascot is the Cougar and the school col... 1.0 km
Seaway Mall Shopping mall 800 Niagara St 1.1 km
Seaway Mall The mall has 500,000 square feet (46,000 m2) of sp... 1.1 km
Welland (provincial electoral district) A new riding of Niagara Centre was created before ... 1.7 km
École élémentaire Nouvel Horizon École élémentaire Nouvel-Horizon is a French first... 1.7 km
Notre Dame College School In the early years of the establishment, tuition w... 1.8 km
Welland Stadium The ballpark has a capacity of 2,500 people and wa... 1.8 km
Welland Canal, bridge 13 The bridge crosses an abandoned portion of the Wel... 2.4 km
Welland Within a half-hour or less, residents can travel t... 3.9 km
Welland Canal, Bridge 15 The bridge formerly carried the main line of the C... 4.0 km
Main Street Tunnel The structure was built as a part of the Welland B... 4.1 km
Similar Houses Stat in Welland
We have found 6 Houses that closely match the specifications of the property located at 413 First Ave with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 649,900 and 799,115, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L3C5R3 postal code area of Welland Ontario Canada.
413 First Ave mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 413 First Ave. The current price of the property is $629,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $503,920. This would result in a monthly mortgage payment of $2,946 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 45
Certificate of Qualification 15
College 85
University degree at bachelor level or above 60

Neighbourhood Marital Status Stat

Married 180
Widowed 15
Divorced 15
Separated 10
Never married 95
Living common law 25
Married or living common law 210
Not married and not living common law 135

Neighbourhood Construction Date

1961 to 1980 150
1981 to 1990 10
1960 or before 10
Comparison of 413 First Ave, Welland, ON with Nearby Houses
Nearby Cities Listings Avg. price
Fonthill Real Estate 59 $1.206.776
Port Colborne Real Estate 147 $850.427
Thorold Real Estate 215 $1.032.458
Wainfleet Real Estate 71 $1.185.908
Niagara Falls Real Estate 695 $1.086.168
Brantford Real Estate 546 $937.135
Hamilton Real Estate 2322 $1.106.590
Crystal Beach Real Estate 66 $631.460
Popular Cities Listings Avg. price
St Catharines Real Estate 601 $883.122
Fort Erie Real Estate 362 $916.674
Burlington Real Estate 837 $1.592.893
Oakville Real Estate 893 $1.955.914
Milton Real Estate 428 $1.727.598
Cambridge Real Estate 461 $1.047.216
Toronto Real Estate 7819 $1.176.653
Mississauga Real Estate 1443 $1.330.397
14 Centennial Drive, Welland 402 Aqueduct St, Welland 7 Goodwillie Drive, Welland 11 Poplar Crescent, Welland 65 Wellandvale Drive, Welland 698 Niagara St, Welland 11 Eastwood Drive, Welland 22 Centennial Drive, Welland