Hassan Nouman
60 Margery Road, Welland, ON L3B 2P6, Welland, ON
+7 photos
$499,900

60 Margery Road, Welland, ON L3B 2P6, Welland, ON

Welland, ON L3B 2P6
4 beds 2 baths Duplex

About this home

Welcome to 60 Margery Road in Welland - a fully updated, turnkey duplex offering exceptional flexibility for homeowners and investors alike.This well-maintained two-storey property features two nearly identical units, each offering 2 bedrooms and 1 bathroom, making it ideal for multi-generational living, rental income, or a smart house-hacking opportunity. Whether you're looking to live in one unit and rent the other, or add a solid income property to your portfolio, this duplex checks all the boxes. Extensively renovated throughout, this home provides peace of mind with major updates already completed - including a newer furnace (2024) and roof (approx. 3 years old). Both units have been thoughtfully updated, offering modern finishes and a move-in-ready experience for tenants or owners.Outside, you'll find a functional layout with a carport for covered parking, a small backyard, side yard, and an upper-level patio - perfect for enjoying outdoor space without the maintenance of a large lot.Located in a convenient Welland neighbourhood close to amenities, schools, and commuter routes, this property offers strong rental appeal and long-term value. Whether you're an investor seeking a turnkey addition or a buyer looking to offset your mortgage, 60 Margery Road is an opportunity you won't want to miss.

Property Score

55/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
45/100fair
GO Transit, LRT, and bus access from this neighborhood.
Schools
62/100good
Based on local school rankings (Fraser Institute proxy).
Affordability
84% of city avggreat
Priced below Welland's average of $595,000.
Appreciation Trend
+1.2%/yrgood
Welland has seen +1.2% YoY price change.
Monthly Cash Flow
-$1,109/mopoor
Estimated -$1,109/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
2.95%fair
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13042518
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.
CallBook a Call