542 First Avenue N, Welland, ON L3C 1Z3
767 - N. Welland, Welland · Near Woodlawn Rd · View map
About this home
Start making money on Day 1 of ownership! Fully rented and ALL tenants have already paid the full school term! ($3750/gross monthly income). TURN KEY, READY TO GO, INCOME PRODUCING INVESTMENT PROPERTY! Here are the details about the home: 6 bedrooms, 2 baths, 1 kitchen, 3 parking spaces, all windows are proper egress sized, steel doors on the bedrooms (lower level), 5/8" fire rated drywall in the lower levels, hard wired and battery operated interconnected Smoke and Carbon Monoxide Fire Alarms on all levels, plus sprinkler heads in the furnace room. Seriously.. this house is so close to the college, that some of the parking spaces are farther away from the school than this house is! Plus, it's 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! (24 hours notice required - Tenant Occupied)
The home
- Type
- Backsplit
- Style
- Backsplit 4
- Square footage
- 700-1100 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 6
- Basement
- Finished with Walk-Out, Separate Entrance, Walk-Up
- Lot size
- 30 x 120.1 ft
- Faces
- East
- Approximate age
- 31-50 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick Front, Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
- Parking features
- Private
Taxes & other
- Property taxes
- $3,252/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Immediate with tenants
- Cross street
- Woodlawn Rd
- Neighbourhood
- 767 - N. Welland
More
- Price per sq ft
- ~$555 (at 900 sq ft)
- Listed
- Sep 22, 2026 · 21 days ago
- MLS® number
- X13816742
No matching details. Ask Will instead
The home and its surroundings
- Carpet Free
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
542 First Avenue, Welland, ON L3C 1Z3
767 - N. Welland, Welland · Near Woodlawn Rd
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 542 First Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 542 First Avenue N
Answers come straight from this home’s MLS® listing.
How much is 542 First Avenue N listed for, and what would it cost each month?
542 First Avenue N is listed for $499,900. With 20% down ($99,980), the mortgage payment would be roughly $2,016 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,287 a month, all in. That figure is an illustration, not a quote.
Is 542 First Avenue N freehold or a condo, and is there a monthly fee?
542 First Avenue N is a backsplit in 767 - N. Welland, Welland. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 542 First Avenue N have?
542 First Avenue N has 3 bedrooms, plus 3 more bedrooms in the basement, and 2 bathrooms. The listing gives the style as backsplit 4.
Does 542 First Avenue N have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 542 First Avenue N have a finished basement?
The listing describes the basement as finished with walk-out, separate entrance, walk-up. It counts 3 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 542 First Avenue N?
542 First Avenue N is a backsplit. A backsplit has its levels staggered front to back: from the street it looks like a bungalow, with extra levels at the rear.
How big is 542 First Avenue N, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 30 x 120.1 ft.
How is 542 First Avenue N heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 542 First Avenue N?
Property taxes are $3,252 a year (2025), or about $271 a month.
Where is 542 First Avenue N?
542 First Avenue N is in the 767 - N. Welland community of Welland. The nearest main intersection is Woodlawn Rd. The postal code is L3C 1Z3.
How long has 542 First Avenue N been on the market?
542 First Avenue N was listed on September 22, 2026. It has been on the market for 21 days. It is an active listing (MLS® X13816742). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 542 First Avenue N asking?
Similar bungalow-style homes for sale nearby right now include 512 First Avenue at $529,900 (3+3 bed), 387 First Avenue at $599,900 (3+3 bed) and 107 Glenayr Place at $514,900 (3+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 542 First Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 542 First Avenue N?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near 767 - N. Welland, picked by style, size and price.
Backsplit$529,900512 First Avenue, Welland3+3 bed · 2 bath · 767 - N. WellandCourtesy of: RE/MAX REALTY SPECIALISTS INC.View home →
Backsplit$599,900387 First Avenue, Welland3+3 bed · 2 bath · 767 - N. WellandCourtesy of: Century 21 Heritage House LTDView home →
Backsplit$514,900107 Glenayr Place, Welland3+1 bed · 2 bath · 767 - N. WellandCourtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGEView home →Courtesy of: Century 21 Heritage House LTD
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.