The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
If you've been looking for an affordable home with good bones, a solid layout and plenty of room to make it your own, 63 Lyons Avenue is worth a look. This well-built 1950s bungalow offers just shy of 1,000 sq. ft. above grade with 3 bedrooms and an updated 4-piece bathroom, making it a great option for first-time buyers, downsizers or anyone looking for a home they can improve over time. The main floor features refinished hardwood flooring throughout the living room and bedrooms, along with a comfortable living space and a good-sized eat-in kitchen with new vinyl plank flooring that continues into the hallway. A convenient side entrance sits just off the long paved driveway, with easy access to the home, backyard and detached single-car garage. Downstairs is where you can really start to see the possibilities. The unfinished basement adds another 986 sq. ft. of space and is high and dry, giving you a blank canvas for a future rec room, additional bedrooms, a home gym, an office, or a more finished laundry space. There's also a cold cellar for additional storage. Outside, the fenced backyard offers plenty of room to create your own setup. Add a deck, build a pergola, create a garden or enjoy the extra outdoor space. The location is another big plus. Manchester Park is just around the corner and is currently being renovated and updated by the City of Welland. You can walk to Princess Elizabeth Public School; Eastdale Secondary School is a short drive away, and Highway 406 is easily accessible for commuting throughout Niagara. Shopping, restaurants and everyday amenities are all close by. There's a lot to work with here, and at this price point, it's an opportunity to get into the market and make it your own!
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,689/mo
Mortgage (principal + interest)$1,440
Property taxFrom listing: $2,985/yr$249
Minimum $19,250 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$77,000
Ontario land transfer taxProvincial brackets, no first-time refund$4,250
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$84,050
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Welland has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
