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60 Margery Road, Welland, ON, L3B 2P6

MLS® # 40606749
Investment For Sale In Market Square, Welland, Ontario
$329,000
60 Margery Road, Welland, ON - Outdoor
60 Margery Road, Welland, ON - Outdoor
60 Margery Road, Welland, ON - Indoor Photo Showing Kitchen
60 Margery Road, Welland, ON - Indoor
60 Margery Road, Welland, ON - Indoor
60 Margery Road, Welland, ON - Indoor Photo Showing Other Room
60 Margery Road, Welland, ON - Indoor
60 Margery Road, Welland, ON - Indoor Photo Showing Other Room
60 Margery Road, Welland, ON - Indoor
60 Margery Road, Welland, ON - Indoor Photo Showing Laundry Room
60 Margery Road, Welland, ON  - Outdoor
60 Margery Road, Welland, ON  - Outdoor
60 Margery Road, Welland, ON  - Indoor Photo Showing Kitchen
60 Margery Road, Welland, ON  - Indoor
60 Margery Road, Welland, ON - Indoor
60 Margery Road, Welland, ON - Indoor Photo Showing Other Room
60 Margery Road, Welland, ON - Indoor
60 Margery Road, Welland, ON - Indoor Photo Showing Other Room
60 Margery Road, Welland, ON - Indoor
60 Margery Road, Welland, ON - Indoor Photo Showing Laundry Room
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Home Insurance - TD Insurance

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ACTIVE
60 Margery Road, Welland, ON, L3B 2P6
$329,000

Property Information:

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.

Inclusions: Hot Water Tank Owned,Other,Main Floor Unit Contents & Garbage, And All Appliances In Both Units. All Included Chattel And Fixtures Are As Is.

Exclusions : Tenant Belongings In Upper Unit.

Building Features:

  • Floor Space: 1600 Square Feet

Property Features:

  • Bedrooms: 3
  • Acres Range: < 0.5
  • Basement: Full, Partially Finished
  • Built in: 1925
  • Construction Materials: Aluminum Siding, Metal/Steel Siding, Other
  • Cooling: None
  • Driveway Parking: Front Yard Parking
  • Floor Space (approx): 1600 Square Feet
  • Heating: Forced Air
  • Interior Features: Other
  • Laundry Features: Coin Operated
  • Lot Depth: 59.25 Feet
  • Lot Features: Irregular Lot, Other
  • Lot Frontage: 36.08 Feet
  • Roof: Other
  • Water Source: Municipal
  • Zoning: RL2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: Davenport Realty Brokerage

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

Sales/Price History

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

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk:

39 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: Very High

39 hot days expected in 2050

62/100

ClimateCheck®

Current data

This property, 60 Margery Road , experiences 7 hot days per year at around 30.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 39 hot days at 33.9 degrees Celsius.

Projected Avg. Temperature

Past
30.2℃
2050
33.9℃

# Hot Days Per Year

Past
7
2050
39

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 60 Margery Road , experiences 11 significant 2-day storms per year, with about 326.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.6mm of precipitation per year.

Precipitation Per Storm

Past
326.4mm
2050
404.6mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 60 Margery Road, Welland, ON, L3B 2P6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$94,570.29

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.66 %

High school certificate or equivalent

35.3 %

Apprenticeship trade certificate/diploma

7.62 %

College/non-university certificate

30.03 %

University certificate (below bachelor)

0.08 %

University Degree

8.31 %

Commuter

Travel To Work

By Car

90.96 %

By Public Transit

0.01 %

By Walking

0.46 %

By Bicycle

0.0 %

By Other Methods

8.57 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.49 %

Houses

91.51 %

Own Vs. Rent