60 MARGERY ROAD, Welland (Welland Downtown)

$485,000

For sale: Multiplex

Multiplex at 60 MARGERY ROAD, Welland (Welland Downtown)
Property type
Duplex
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13613488
Neighbourhood
768 - Welland Downtown

Welcome to 60 Margery Road, 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 with 2 bedrooms and 1 bathroom, making it ideal for multi-generational living, generating rental income, or a smart house-hacking opportunity. Live in one unit while the other helps pay your mortgage, or add a low-maintenance investment property to your portfolio.Extensively renovated throughout, this duplex offers peace of mind with major updates already completed, including a new furnace (2024) and a roof approximately 3 years old. Both units have been tastefully modernized with updated finishes, providing a truly move-in-ready experience for owners and tenants alike.Outside, the property offers practical outdoor space with a covered carport, side yard, private backyard, and an upper-level patio - perfect for relaxing or entertaining without the upkeep of a large lot.Conveniently located in a desirable Welland neighbourhood close to schools, parks, shopping, public transit, and major commuter routes, this property offers excellent rental appeal and long-term value. Whether you're an investor searching for a turnkey duplex or a buyer looking to offset your mortgage with rental income, 60 Margery Road is an opportunity you won't want to miss.

Sold data

Multiplex homes in Welland (Welland Downtown) — recent sold market

Multiplex homes in Welland (Welland Downtown) took a median of 63 days to sell over the last 365 days, with the quickest quarter selling within 25 days and the slowest quarter taking more than 104, across 33 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.

The median sale price was $589,900.

Homes sold for about 4.8% below asking on average, so there was room to negotiate.

About 3% of sales closed above the list price.

Around 36% of sellers reduced their price before finding a buyer.

Median days to sell
63
Median sale price
$589,900
Sale-to-list ratio
95.2%
Sold above asking
3%

Based on 33 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Welland (Welland Downtown)

Welland (Welland Downtown) has 23 Fraser Institute–rated schools (18 elementary and 5 secondary), averaging 6.5/10.

Rated schools
23
Elementary
18
Secondary
5
Average rating
6.5 / 10

Top-rated schools in Welland (Welland Downtown)

  • Plymouth — elementary, WellandFraser rating 10.0/10
  • Fitch Street — elementary, WellandFraser rating 8.1/10
  • Glendale — elementary, WellandFraser rating 8.1/10
  • Holy Name — elementary, WellandFraser rating 7.9/10
  • Quaker Road — elementary, WellandFraser rating 7.6/10
  • Diamond Trail — elementary, WellandFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 60 MARGERY ROAD