17 LYONS Avenue, Welland, Ontario, L3B1L8

Property Description

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:64974)

Quick Facts

• Property Type: Triplex (Freehold)
• Bedrooms: 5
• Bathrooms: 4
• Living Area: 2,143 sq ft (199.1 m²)
• Above Grade: 2,143 sq ft (199.1 m²)
• Year Built: 1951
• Ownership: Freehold
• Attached: Yes
• Parking: 3 spaces
• Frontage: 45 ft (13.7 m)

Costs

• Annual Taxes: $4,050.33

Listing Provided by: RE/MAX Escarpment Realty Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.