Property Information:

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. (id:27)

Building Features:

Style: Multiplex
Building Type: Triplex
Basement Development: Finished
Basement Type: Full
Construction Material: Concrete block, Concrete Walls
Exterior Finish: Concrete, Stucco, Vinyl siding
Fire Protection: Unknown
Floor Space: 2143 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Microwave Built-in

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 5
Bathrooms: 4
Access Type: Highway access
Amenities Nearby: Hospital, Park, Playground, Public Transit, Schools, Shopping
Built in: 1951
Community Features: Quiet Area, School Bus
Features: Paved driveway, Solar Equipment
Fence Type: Partially fenced
Floor Space (approx): 2143 Square Feet
Lot Depth: 100 Feet
Lot Frontage: 45 Feet
Structure Type: Shed
Zoning: RL1
Sewer: Municipal sewage system
No. of Parking Spaces: 3

Courtesy of: RE/MAX Escarpment Realty Inc.

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Demographic Information of 17 LYONS Avenue, Welland, Ontario, L3B 1L8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,795.62

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.29 %

High school certificate or equivalent

33.54 %

Apprenticeship trade certificate/diploma

9.08 %

College/non-university certificate

27.16 %

University Degree

7.93 %

Commuter

Travel To Work

By Car

90.56 %

By Public Transit

1.6 %

By Walking

0.92 %

By Bicycle

0.0 %

By Other Methods

6.92 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.9 %

Houses

73.1 %

17 LYONS Avenue, Welland, Ontario, L3B 1L8