51 Lyons Avenue
Welland (Lincoln/Crowland), ON L3B 1L8
- 6Bedrooms
- 5Bathrooms
- 3Parking
- 2000–2500Sq Ft
- $3,055Tax
- 45×100 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 51 Lyons Avenue, Welland, Lincoln/Crowland
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-11-13 | 2025-12-11 | Login to See Prices | Sold | x12539904 |
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 51 Lyons Avenue, Welland, Lincoln/Crowland
Turn key money maker!!! Solid and meticulously maintained 5 unit building located in fabulous neighbourhood close to park, public transit & shops + quick, convenient highway access. Fully occupied w/ NOI of 54,236.62 & Cap Rate near 8% / year with great upside for future rents. ( Unit #1 ( 2 bedroom ) $1488.66, Unit #2 ( 1 bedroom ) $750.00, Unit #3 ( 1 bedroom ) $942.58, Unit #4 ( 1 bedroom ) $1350.00, Unit #5 ( 1 bedroom ) $1383.75. Units are super clean - building has newer 40yr roof (2018), newer furnace (2021), updated cooper and ABS plumbing & electrical ( 200amp ), replacement windows (2019) & freshly painted stucco exterior. Updates within the units include; newer vinyl plank flooring, 3 have new kitchens & minor update work in the baths ( Unit #2 bath is brand new ). All units have have excellent layouts + street parking permitted. Lower level is set up for future coin op laundry.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,055
- Land Transfer Tax Fee
- $10,473
Rental Items
- Rental Equipment
- N/A
- Under Contract
- None
- Basement Type
- Apartment, Partially Finished, Separate Entrance, Walk-Up
Interior Features
- Interior Extras
- Water Meter
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 45.11 ft
- Lot Depth
- 100.00 ft
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- 5 fridges, 5 stoves
Exclusions
- Exclusions
- window AC units are owned by Tenants and they pay an additional $25/ month rent in the months in which they are used
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 3
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 6
- Washrooms
- 5
- Kitchens
- 5
Washrooms
- 3-piece
- Municipality
- Welland
- Neighbourhood
- Lincoln/Crowland
- Main cross streets
- Main Street & Lyons Ave
- Zoning
- RL1
- Directions
- Main Street to Lyons Avenue
- MLS® number
- X12539904
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-12-11
- Listed on
- 2025-11-13
- Days on market
- 28 days
- Possession date
- 2026-01-02
- Possession type
- Flexible
- Co-op commission
- 2
- Seller
- Listed by
- COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Home Market Value
Current home valuation for 51 Lyons Avenue, Welland, Lincoln/Crowland, Welland, ON. Listed for $699,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 51 Lyons Avenue, Welland, Lincoln/Crowland
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $199,900 over $500K
$44,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $26,176 | $19,527 | $16,658 | $0 |
=Total mortgage | $680,582 | $649,437 | $611,573 | $559,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,323monthly | $3,171monthly | $2,986monthly | $2,734monthly |
Land Transfer Tax
$10,473
$10,473
Around this home
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