$499,900
60 MARGERY ROAD
Beds
4
Baths
2
Sqft
—
Year
—
Type
Multi-family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Welland (Welland Downtown). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
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. (id:65958)
- Subtype
- Multi-family
- Structure
- Duplex
- Community
- 768 - Welland Downtown
- Lot dimensions
- 36.2 x 59.3 FT
- Bedrooms
- 4 above grade
- Parking
- 4 total
- Stories
- 2
- On market
- Apr 24, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $3,042.5
- Zoning
- RL2
- Photos
- 32
- MLS#
- X13042518
- Area
- WELLAND_(WELLAND_DOWNTOWN)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
View
Cash on cash
-2.46%
Cap rate
4.37%
GRM
14.4
Break-even rent
$3,116
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.