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For Sale
Just Listed

387 First Avenue

767 - N. Welland, Welland, ON
$619,900
3+3Bd
2Ba
900+sqft
3Parking
33 x 112 ftlot
$689/sqft
Semi-DetachedMLS# X13021994Listed 2026-04-201 DOM
Cooling
Central Air
Basement
Finished with Walk-Out

Just listed! New listings in Welland often receive offers within the first week.

About this home

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!

In-law Suite

Rooms

Main Floor
Living Room5.79 × 3.76 m
Kitchen3.30 × 2.67 m
Dining Room2.93 × 3.17 m
Second Floor
Primary Bedroom3.98 × 3.06 m
Bedroom 22.73 × 3.48 m
Bedroom 32.50 × 2.55 m
Bathroom2.17 × 3.05 m
Lower
Bedroom 44.36 × 2.46 m
Bedroom 53.74 × 3.24 m
Bathroom2.05 × 2.12 m
Basement
Laundry1.55 × 1.71 m
Recreation3.10 × 3.99 m
Kitchen3.04 × 2.57 m
Furnace Room2.10 × 1.71 m

Features

  • Accessory Apartment
  • In-Law Suite
  • Apartment
  • Finished with Walk-Out
  • Separate Entrance
  • Walk-Up
  • Central Air
  • Backsplit 4

Financials

Annual Taxes
$3,081

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield6.2% – 9.3%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Welland

Days on market1 days
Buyer's MarketSeller's Market

Based on active listings in Welland. Data updates daily.

Our estimate for this home

Priced 20.7% above estimate
Estimated range
$475K$552K
Mid-point $514K · ~$571/sqft
How this listing compares
$475KList · $620K$552K
Medium confidence·Based on 15 767 - n. welland comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

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. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$619,900
387 First Avenue, Welland
ShowingCall