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Home ON St. Catharines - Niagara Welland Market Square
60 MARGERY Road
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60 MARGERY Road $329,000
$329,000
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60 MARGERY Road
Welland, Ontario L3B2P6

MLS® Number: 40606749
3
Bedrooms
2
Bathrooms
1600
Square Feet

Listing Description

Contact an agent for details on this promising duplex investment opportunity. The main floor, featuring a one-bedroom unit, was tastefully renovated a few years ago and, with a thorough clean and minor repairs, has the potential to rent for $1425+hydro. The upper unit, currently tenanted, is a spacious two-bedroom that rents for $1650+hydro - this unit will need some repair if this tenant ever leaves. Both units have separate hydro meters, and a coin laundry was recently installed in the side shed, adding to the property's income potential. Located in a desirable area of town, this duplex offers significant value and upside for the right investor. (67658427)

Location Description

River > McMaster > Margery

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
1600 sqft
Subdivision Name
768 - Welland Downtown
Title
Freehold
Land Size
under 1/2 acre
Built in
1925
Annual Property Taxes
$2,886.41
Total Parking Spaces
3
Time on REALTOR.ca
16 days

Building

Bathrooms
Total
2
Interior Features
Basement Type
Full (Partially finished)
Building Features
Features
Laundry- Coin operated
Total Units
3
Heating & Cooling
Cooling
None
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Metal, Other
Parking
Total Parking Spaces
3

Measurements

Square Footage
1600 sqft
Above Grade Finished
1600 sqft
Source: Other

Land

Lot Features
Frontage
36 ft
Land Depth
59 ft
Other Property Information
Zoning Description
RL2
Data provided by: Waterloo Region Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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