19 LYONS Avenue
Welland, Ontario
4 bed • 2 bath • Multi-family
Fully Renovated Legal Duplex with Strong Income Potential! Whether you're looking to house hack, invest, or add a turn-key property to your portfolio, this legal duplex offers flexibility and cash flow from day one. The upper 3-bedroom unit is currently rented for $1,900/month plus hydro, while the bright and spacious lower 2-bedroom unit is vacant, allowing a buyer to move in or secure a new tenant at market rent. Both units offer modern finishes, in-suite laundry, and functional layouts. The lower level features high ceilings and large windows, creating a bright living space rarely found in basement apartments. Outside, enjoy a large brick patio, private storage sheds for each unit, plus a larger shared shed with hydro. Extensive renovations were completed during the 2021 conversion to a legal duplex, including updated mechanical systems, electrical, fire separation between units, vinyl flooring throughout, and in-suite laundry for both units. A low-maintenance investment opportunity with excellent owner-occupancy potential.
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
- École intermédiaire Franco-Niagara0.8 km
French public · CS Viamonde · 50 students
- 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
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 School1.5 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
- 764
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 764 recorded sales of multi-family properties in Welland over the last 12 months.
Location
Mortgage Calculator
$119,980
Estimated Monthly Payment
$2,947
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,947/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $150/mo
Estimates only. Consult a financial advisor.
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