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 2026-04-200 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 Room | 5.79 × 3.76 m | |
| Kitchen | 3.30 × 2.67 m | |
| Dining Room | 2.93 × 3.17 m |
Second Floor
| Primary Bedroom | 3.98 × 3.06 m | |
| Bedroom 2 | 2.73 × 3.48 m | |
| Bedroom 3 | 2.50 × 2.55 m | |
| Bathroom | 2.17 × 3.05 m | 4 Pc Bath |
Lower
| Bedroom 4 | 4.36 × 2.46 m | |
| Bedroom 5 | 3.74 × 3.24 m | |
| Bathroom | 2.05 × 2.12 m | 3 Pc Bath |
Basement
| Laundry | 1.55 × 1.71 m | |
| Recreation | 3.10 × 3.99 m | |
| Kitchen | 3.04 × 2.57 m | |
| Furnace Room | 2.10 × 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 market0 days
Buyer's MarketSeller's Market
Based on active listings in Welland. Data updates daily.
Our estimate for this home
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.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
56
/ 100
Walk Score
Somewhat Walkable
47
/ 100
Transit Score
Some Transit
46
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
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.
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