$689,900
For sale: Detached

Investor-friendly opportunity at 360 First Ave in Welland. This newly renovated detached 3+3 bedroom backsplit offers approximately 1,100 sq. ft. above grade, plus a finished lower level with separate entrance, 2 bathrooms, 2 kitchens, and parking for up to 10 vehicles. The current owner previously rented the home by the room to students and health care workers, reportedly collecting $750 per room across 6 rooms, for a total of $4,500 per month. Buyers to verify rental income and intended use. The main level features a renovated kitchen withstainless steel appliances, coffee bar, bright living space, 3 bedrooms, and a 4-piece bath.The lower level includes 3 additional bedrooms, an eat-in kitchen, 3-piece bath, and separate entrance through the solarium, offering excellent flexibility for investors, multi-generational families, or buyers seeking income potential. Conveniently located near Niagara College, schools, parks, shopping, restaurants, public transit, and just a short drive to Brock University. A turnkey opportunity in a high-demand rental area.
Sold data
Detached homes in Welland (N. Welland) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 53, across 140 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.
The median sale price was $549,900.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 34% of sellers reduced their price before finding a buyer.
Based on 140 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Welland (N. Welland) has 23 Fraser Institute–rated schools (18 elementary and 5 secondary), averaging 6.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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