542 First Avenue
767 - N. Welland / Welland, ON L3C 1Z3
About This Property
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)
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13022012
Listed by Century 21 Heritage House LTD
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$2,685
/month · $439,920 mortgage
Amortization
Total Interest
$365,650
Total Cost
$805,570
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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Century 21 Heritage House LTD