387 First Avenue, Welland, ON

$619,900
MLS#:X13021994
6 beds
2 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Backsplit 4"] semi-detached located in the coveted neighborhood of 767 - N. Welland. Expertly crafted featuring premium aluminum siding and brick front construction, this residence presents an exceptional opportunity offered at $619,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 33 x 112 ft lot
  • Features a ["apartment", "finished with walk-out", "separate entrance", "walk-up"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Accessory Apartment, In-Law Suite
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

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!

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Key Features

Bedrooms
6
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/20/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBacksplit 4
ConstructionAluminum Siding, Brick Front
BasementApartment, Finished with Walk-Out, Separate Entrance, Walk-Up
Lot Size33 × 112 Feet
CountyNiagara
Annual Tax$3,081
Legal DescriptionPT LT 131 PL NS17 AS IN RO428942 ; S/T RO169622 WELLAND

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Park, Place Of Worship, Public Transit, School Bus Route, School

Interior Features

Accessory Apartment, In-Law Suite

Security Features

Carbon Monoxide Detectors

Community Features

Location

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387 First Avenue, Welland, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 387 First Avenue, Welland, ON L3C 5R3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$495,920
Monthly Mortgage$2,881
Property Tax (Est.)$257
Utilities & Maint.$350
Total Monthly Cost$3,488

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Welland.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 767 N Welland, Welland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Ross
Public358 Niagara Street, Welland, Ontario, L3C 1K9
6.5
St Kevin
Public182 Aqueduct Street, Welland, Ontario, L3C 1C4
7.0
Fitch Street
Public164 Fitch Street, Welland, Ontario, L3C 4V5
8.1
Glendale
Public24 Farnham Avenue, Welland, Ontario, L3C 3R1
8.1
Holy Name
Public290 Fitch Street, Welland, Ontario, L3C 4W5
7.9

Secondary Schools

Notre Dame
Public64 Smith Street, Welland, Ontario, L3C 4H4
6.2
Centennial
Public240 Thorold Road, Welland, Ontario, L3C 3W2
6.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.