Primary photo of 17 LYONS Avenue, Welland
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Triplex For Sale

$679,900

MLS® Number: 40802183

Bedrooms

5

Bathrooms

4

Floor Area

2,143

Year Built

1951

17 LYONS Avenue, Welland, Ontario

About This Property

Solid Triplex Investment Opportunity in a Convenient Welland Location. This Well-Maintained 200 AMP Multi-Unit Property Offers a Versatile Layout with Strong Income Potential and Added Bonus Space. Unit #1 (Main Level) Features a Spacious 3-Bedroom Layout with a 4-Piece Bathroom, Full Kitchen, Dining Room, Living Room, and a Bright Sunroom, Making it Ideal for an Owner-Occupier or Premium Rental Unit. Units #2 and #3 are Located Upstairs and Each Offer a 1-Bedroom Layout with a Kitchen, Living room, and 4-Piece Bathroom, Providing Efficient and Desirable Rental Configurations. All Three Units Share Common Laundry Facilities Located in the Basement. Bonus: The Basement also Includes an Additional Kitchen, 3-Piece Bathroom, and a Separate Room with the Potential for its Own Laundry, Offering Excellent Flexibility for Extended Family Use, Future Value-Add Opportunities, or Enhanced Functionality. Conveniently Located Close to Amenities, Transit, Schools, and Services, this Property is Well-Suited for Investors Looking to Add a Stable Multi-Residential Asset to Their Portfolio or Buyers Seeking a Live-in Investment with Multiple Income Streams.

Property Details

Interior Details

Appliances

Microwave Built-in

Basement

Finished, Full

Bathrooms Total

4

Bedrooms Total

5

Cooling

Central air conditioning

Heating

Forced air, Natural gas

Living Area

2143 sqft

Building & Exterior

Exterior Features

Concrete, Stucco, Vinyl siding

Foundation Details

Block

Number Of Units Total

4

Stories

2.0

Year Built

1951

Land & Location

Community Features

Quiet Area, School Bus

Frontage Length

45.0 feet

Lot Features

Paved driveway, Solar Equipment

Postal Code

L3B1L8

Subdivision Name

773 - Lincoln/Crowland

Listing & Financials

Listing Office

RE/MAX Escarpment Realty Inc.

Originating System Name

Cornerstone Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Parking Total

3

Security Features

Unknown

Mortgage Calculator

20% ($135,980)
5.5%
25 Years

Estimated Monthly Payment

$3,340

Principal and interest only. Actual rates may vary.

Location & Map

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List Property5 Bed Triplex for Sale — 17 LYONS Avenue, Welland | $679,900 | Lify.ca