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For saleMLS® X13804364

387 First Avenue, Welland, ON L3C 5R3

N. Welland · L3C 5R3

$549,900

$786 / sq ft

1 months on market

Bedrooms
3+3
Bathrooms
2
Interior
700 sf
Parking
3
Lot
33 × 112 ft
Age
51-99 years

What's special

  • 3 parking spaces
  • Central air
  • Basement apartment
  • Accessory apartment
  • In-law suite

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About this property

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!

Rooms

14 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomMain5.79 × 3.76 m19.0 × 12.3 ft—
KitchenMain3.30 × 2.67 m10.8 × 8.8 ft—
Dining RoomMain2.93 × 3.17 m9.6 × 10.4 ft—
Primary BedroomSecond3.98 × 3.06 m13.1 × 10.0 ft—
Bedroom 2Second2.73 × 3.48 m9.0 × 11.4 ft—
Bedroom 3Second2.50 × 2.55 m8.2 × 8.4 ft—
BathroomSecond2.17 × 3.05 m7.1 × 10.0 ft4 Pc Bath
Bedroom 4Lower4.36 × 2.46 m14.3 × 8.1 ft—
Bedroom 5Lower3.74 × 3.24 m12.3 × 10.6 ft—
BathroomLower2.05 × 2.12 m6.7 × 7.0 ft3 Pc Bath
LaundryBasement1.55 × 1.71 m5.1 × 5.6 ft—
RecreationBasement3.10 × 3.99 m10.2 × 13.1 ft—
KitchenBasement3.04 × 2.57 m10.0 × 8.4 ft—
Furnace RoomBasement2.10 × 1.71 m6.9 × 5.6 ft—

Features

  • Accessory Apartment
  • In-Law Suite

Property details

Property

Property type
semi detached
Bedrooms
3 + 3
Bathrooms
2
Interior size
700 sq ft
Year built
51-99
Lot size
33 × 112 ft
Zoning
RL2
Possession
immediate with tenant

Interior

Basement
Apartment, Finished with Walk-Out, Separate Entrance, Walk-Up
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
West

Exterior & services

Construction
Aluminum Siding, Brick Front
Parking spaces
3
Sewer
Sewer

Costs

List price
$549,900
Property taxes
$3,081 / year (2025)
Price per sq ft
$786
Rental items
HWT

Listing

MLS® number
X13804364
Status
For sale
Listed
September 18, 2026
Days on market
47
Last updated
October 16, 2026
Listing brokerage
Century 21 Heritage House LTD

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 58% of comparable semi-detached listings in N. Welland are asking less.

$400KMedian $519K$849K
This home
$786 / sq ft
Comparable median
$570 / sq ft

Based on 19 comparable active semi-detached listings in N. Welland. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.5% · minimum $29,990
$29,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,874.67
Property tax (est.)
$256.75
Estimated monthly
$3,131

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$7,473
Total due on closing
$7,473

An estimate on the asking price of $549,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Century 21 Heritage House LTD. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$549,900

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