- Bedrooms
- 3+3
- Bathrooms
- 2
- Size
- 700–1,100sq ft
- Per sq ft
- $528at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $3,2522025 tax year
- Built
- 31-50
- Parking
- 3none
- Days on market
- Members
The brief
About 542 First Ave
542 First Ave is a 3+3-bedroom, 2-bathroom semi-detached house in N. Welland, Welland, listed for sale at an asking price of $474,900 (MLS® X13816742).
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)
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs63/100+$62/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 5 homes with 6 bedrooms for lease in Welland right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,252 / 2025
- MLS® number
- X13816742
- Board
- TRREB MLS®
- Property Type
- Semi-Detached
- Building Age
- 31-50
- Days on market
- Size
- 700-1100 sqft
- Lot Size
- 30 x 120.11 ft
- Listed on
- Parking
- None, 3 Parking
Property details
Property
- Property Type
- Semi-Detached
- Style
- Backsplit 4
- Community
- N. Welland
- Municipality
- Welland
Building
- Size
- 700-1100 sqft
- Building Age
- 31-50
- Construction
- Brick Front
Inside
- Bedrooms
- 3+3
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc 2nd, 1 × 3pc Bsmt
- Basement Type
- Finished with Walk-Out
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- None
- Additional Parking
- 3
- Total Parking
- 3
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 30 ft
- Depth
- 120.11 ft
- Lot Size
- 30 x 120.11 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Fibreglass Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 2.23 × 4.65 m | — | Ground |
| Living | 3.58 × 4.5 m | — | Ground |
| Dining | 3.58 × 2.97 m | — | Ground |
| Br | 2.51 × 4.42 m | — | 2nd |
| 2nd Br | 2.9 × 3.56 m | — | 2nd |
| Bathroom | 2.13 × 2.44 m | — | 2nd |
| 3rd Br | 3.2 × 3.4 m | — | Lower |
| 4th Br | 2.51 × 3.23 m | — | Lower |
| Bathroom | 1.37 × 1.37 m | — | Lower |
| 5th Br | 2.9 × 2.97 m | — | Bsmt |
| Br | 2.72 × 2.69 m | — | Bsmt |
| Laundry | 1.0 × 1.0 m | — | Bsmt |
Listing history
Buy/sell history for 542 First Ave, Welland, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $474,900 | N/A | Pc | X13816742 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $94,980
- Total mortgage amount
- $379,920
- Total interest payment
- $270,180
- Total purchase cost
- $745,080
- Mortgage payment
- $2,167/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
18%Monthly carrying cost
$2,438- Carrying cost $2,438
- Surplus $62
Rental income opens at $2,500, the median asking rent of 5 comparable homes for lease in Welland. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $5,973
- Total land transfer tax
- $5,973
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $1,973
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $474,900
- $1,498
- Ontario total
- $5,973
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 3,603 sq ft335 m²
- Street frontage
- 30 ft9.1 m
- Depth
- 120.11 ft36.6 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 5.8 km5.8 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Regional Municipality of Niagara — Welland Wastewater Treatment Plant, 2.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Welland Hydro-Electric System Corp.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Niagara Regional Broadband Network. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Semi-detached homes for sale in N. Welland right now
- For sale now
- 20
- Median asking price
- $524K
- New in 7 days
- 3
- Price cuts
- 30%
Middle half: $467K to $647K
3 in 28 days
6 listings
This home is asking 9% below the median.
See all homes in N. WellandAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Quaker Road Public SchoolDSB Niagara | Public · grades JK–8 | 550 m | 80%Grade 6 average |
| Alexander Kuska KSG Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 · French Immersion | 950 m | 83%Grade 6 average |
| Glendale Public SchoolDSB Niagara | Public · grades JK–8 | 1.1 km | 69%Grade 6 average |
| École élémentaire Nouvel HorizonConseil scolaire Viamonde | French-language public · grades JK–6 | 1.5 km | 79%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Welland Centennial Secondary SchoolDSB Niagara | Public · grades 9–12 · French Immersion | 1.5 km | 65%Grade 9 math |
| Notre Dame College SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 2.1 km | 56%Grade 9 math |
| ÉSC Saint-Jean-de-BrébeufConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 2.2 km | 67%Grade 9 math |
| École secondaire Franco-NiagaraConseil scolaire Viamonde | French-language public · grades 9–12 | 4.2 km | 48%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in N. Welland are shown to signed-in members.