126 MARGERY Road, Welland, ON

$545,900
MLS#:X9257784
3 beds
2 baths
1.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 9, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of 768 - Welland Downtown. Expertly crafted featuring premium aluminum siding and metal/steel siding construction, this residence presents an exceptional opportunity offered at $545,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 32 x 109.5 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this charming and beautifully maintained raised bungalow, perfectly situated in a quiet neighbourhood. This home offers 2+1 bedrooms and 2 bathrooms, providing ample space for comfort and versatility. The main floor features two spacious bedrooms filled with natural light, while the fully finished basement includes an additional bedroom, ideal for guests, a home office, or a growing family. The bright and airy living spaces are designed to create a warm and inviting atmosphere, with large windows that enhance the homes open layout. A unique feature of this home is the separate entrance to the basement, offering endless possibilities for a rental suite, in-law accommodation, or extra living space. Step outside to a lovely, private yard, perfect for gardening, outdoor dining, or simply relaxing in your own serene space. The poured concrete patio is an excellent spot for entertaining or enjoying quiet evenings outdoors. This home provides a peaceful retreat while still being conveniently located near schools, parks, shopping, and public transit. This property is a true gem that combines comfort, style, and practicalitydont miss the opportunity to make it yours!

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Property Summary

This detached home located at 126 MARGERY Road, Welland is currently for sale and has been available on SousaSells for 700 days. This property is listed at $545,900 with an estimated mortgage of $1,817* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 126 MARGERY Road, Welland is in the 768 - Welland Downtown neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 9, 2024
Sold price information is available to members only
Listed Date8/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionAluminum Siding, Metal/Steel Siding
BasementFull, Finished
Lot Size32 × 109.5 Feet
CountyNiagara
Annual Tax$3,337.41
Legal DescriptionLOT 18,PLAN 602,WELLAND

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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126 MARGERY Road, Welland, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 126 MARGERY Road, Welland, ON L3B 2R1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Welland.

Configure Loan Settings

Interest Rate4.00%
Down Payment$163,770 (30.0%)
* Minimum Canadian down payment required for this price is $29,590.
Amortization Period30 Years
Estimated Monthly Payment$1,817Based on a loan of $382,130 over 30 years.
Purchase Price$545,900
Loan Amount$382,130
Provincial Land Transfer Tax:$7,393
Total Estimated Closing Taxes:$7,393

About Purchasing a Home in Welland, ON

For a property listed at $545,900 in Welland, the legal minimum down payment is $29,590 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,393 for this transaction. As this listing is in Welland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,393.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 768 - Welland Downtown, Welland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$524,226

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Princess Elizabeth
Public330 Camrose Avenue, Welland, Ontario, L3B 1P2
6.3
St Kevin
Public182 Aqueduct Street, Welland, Ontario, L3C 1C4
7.0
St Mary
Public120 Plymouth Road, Welland, Ontario, L3B 3C7
6.3
Ross
Public358 Niagara Street, Welland, Ontario, L3C 1K9
6.5
Plymouth
PublicPlymouth Road, Welland, Ontario, L3B 3C7
10.0

Secondary Schools

Notre Dame
Public64 Smith Street, Welland, Ontario, L3C 4H4
6.2
Eastdale
Public170 Wellington Street, Welland, Ontario, L3B 1B3
4.5
Centennial
Public240 Thorold Road, Welland, Ontario, L3C 3W2
6.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.