17 LYONS Avenue
Welland, Ontario
5 bed • 4 bath • Multi-family
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.
Price History
Schools
Elementary
- St Andrew Catholic Elementary School0.4 km
Catholic · Niagara CDSB · 320 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 96% met the provincial standard
- Princess Elizabeth Public School0.8 km
Public · DSB Niagara · 465 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 48% met the provincial standard
- École intermédiaire Franco-Niagara0.8 km
French public · CS Viamonde · 50 students
Secondary
- École secondaire Franco-Niagara0.8 km
French public · CS Viamonde · 120 students
Grade 10 literacy: 100% met the provincial standard
- Eastdale Secondary School0.9 km
Public · DSB Niagara · 455 students
Grade 10 literacy: 92% met the provincial standard
- Notre Dame College School1.4 km
Catholic · Niagara CDSB · 1130 students
Grade 10 literacy: 85% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L3B
- Population
- 25,869
- Private dwellings
- 11,617
- Median age
- 43.2
- Average household size
- 2.3
- Median household income
- $66,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Welland · last 12 months
- Median sold price
- $532,750
- Homes sold
- 758
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 758 recorded sales of multi-family properties in Welland over the last 12 months.
Location
Street View
Mortgage Calculator
$135,980
Estimated Monthly Payment
$3,340
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,340/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $170/mo
Estimates only. Consult a financial advisor.
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