$ 799.900

51 Lyons Avenue, Welland

47 Photos

51 Lyons Avenue, Welland, ON L3B1L8 Photo 2

51 Lyons Avenue, Welland, ON L3B1L8 Photo 3

51 Lyons Avenue, Welland, ON L3B1L8 Photo 4

51 Lyons Avenue, Welland, ON L3B1L8 Photo 5

51 Lyons Avenue, Welland, ON L3B1L8 Photo 6

51 Lyons Avenue, Welland, ON L3B1L8 Photo 7

Bedrooms: 6
Bathrooms: 5
Living area: 2950 sqft

MLS®: 40565359
Type: Townhouse
Added: 30 days ago

Property Details

Turn key money maker !!! - Solid and meticulously kept 5 Unit building located in fabulous neighbourhood close to park, public transit & shops + quick & convenient highway access. Fully occupied w/ NOI of $52,799.86 / year with great upside for future Rents. (Unit#1 (2 Bdrm ) - $1444.66, Unit #2 (1 Bdrm) - $666.84, Unit #3 (1 Bdrm) $896.87, Unit #4 (1 Bdrm) $1230, Unit #5 (1 Bdrm) - $1275. Units are super clean - building has newer 40yr roof (2018), updated furnace (2021) , updated copper & ABS plumbing & electrical + windows replaced (2019). Freshly painted stucco exterior + Updates within the units include : 4 of the 5 units have new vinyl plank floors, 2 have new kitchens. All units have excellent layouts + street parking permitted. (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: Central air conditioning
Heating: Forced air, Natural gas
Stories: 2
Basement: Finished, Full
Directions: MAIN STREET TO LYONS AVENUE
Living Area: 2950
Lot Features: Paved driveway
Photos Count: 47
Water Source: Municipal water
Parking Total: 3
Bedrooms Total: 6
Common Interest: Freehold
Subdivision Name: 773 - Lincoln/Crowland
Tax Annual Amount: 3294
Exterior Features: Stucco
Community Features: Quiet Area, School Bus
Zoning Description: RL1
Number Of Units Total: 5

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Nearby Places

Name	Type	Address	Distance
Welland	Within a half-hour or less, residents can travel t...		1.0 km
Main Street Tunnel	The structure was built as a part of the Welland B...		1.3 km
Notre Dame College School	In the early years of the establishment, tuition w...		1.4 km
École élémentaire Champlain	It serves the French population of the Niagara Reg...		1.5 km
Welland Canal, bridge 13	The bridge crosses an abandoned portion of the Wel...		1.5 km
Welland Canal, Bridge 15	The bridge formerly carried the main line of the C...		2.6 km
Seaway Mall	The mall has 500,000 square feet (46,000 m2) of sp...		2.8 km
Seaway Mall	Shopping mall	800 Niagara St	2.9 km
Welland Centennial Secondary School	The school mascot is the Cougar and the school col...		3.1 km
District School Board of Niagara	School	240 Thorold Rd	3.2 km
Townline Tunnel	The Townline Tunnel is an underwater tunnel locate...		3.6 km
Welland International Flatwater Centre	For the Championships and the Pan American Games i...		3.7 km

Similar Townhouses Stat in Welland

We have found 6 Townhomes that closely match the specifications of the property located at 51 Lyons Avenue with distances ranging from 2 to 8 kilometers away. The prices for these similar properties vary between 599,000 and 978,800, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the L3B1L8 postal code area of Welland Ontario Canada.

51 Lyons Avenue mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 51 Lyons Avenue. The current price of the property is $799,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $639,920. This would result in a monthly mortgage payment of $3,740 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	40
Certificate of Qualification	15
College	115
University degree at bachelor level or above	45

Neighbourhood Marital Status Stat

Married	170
Widowed	30
Divorced	40
Separated	25
Never married	120
Living common law	80
Married or living common law	250
Not married and not living common law	210

Neighbourhood Construction Date

1961 to 1980	30
1991 to 2000	10
1960 or before	170

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