15 MARGERY Road, Welland

$349,900
15 MARGERY Road

$349,900

New
29d
Detached2-Storey

15 MARGERY Road, Welland

Total Monthly Obligation $2,072

Beds
3
Baths
1
Park
4
Sqft
1500-2000
DOM
29d
Score
34
Yield
8.3%
Cash on Cash
9.8%
Cap Rate
6.7%
5Y IRR
23.5%
10Y IRR
21.2%
Property Type-Detached
MLS® Number-X13826586
Beds-3
Bathrooms-1
Size-1500-2000 sqft
Lot Size-35 × 113 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$3,423 (2025)
Parking-1 - Detached
Basement-Full
Heating-Radiant (Gas)
Brokerage-EXP REALTY
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick Front
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-768 - Welland Downtown
Title-Residential Freehold

No agent assigned

Welcome to 15 Margery Road, a spacious 3-bedroom home offering plenty of character, functional living space and thoughtful updates throughout. The main floor features brand-new flooring and a versatile layout with a bright living room, separate dining area, family room and sunroom, giving you plenty of room to spread out and make the space your own. A cozy fireplace adds warmth and character to the main living area, while large windows bring in plenty of natural light. Upstairs, you'll find three comfortable bedrooms and a full 4-piece bathroom.Recent improvements include updated windows, patio door and front door with lifetime warranties, along with hot water on demand, a water softener and a filtered water system in the kitchen. The full basement provides additional storage and utility space. Outside, enjoy a fully fenced yard, deck, detached approximately 600 sq. ft. shop/garage and private driveway with parking for up to four vehicles. Conveniently located near parks, schools, public transit, the hospital and everyday amenities, this home offers a great combination of space, updates and convenience.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$2,072/mo
Mortgage $1,411
Monthly Loss $1,700
Principal$371
Interest$1,040
Property Tax$285
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.2%41
Cash-on-Cash
1.9%12
5-Year IRR
17.3%83
10-Year IRR
16.6%
Returns Index
46.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
34/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$29,196/yr
NOI
$18,353/yr
Net Cash Flow
$118/mo
Cash Margin
4.9%12
Cash Flow Index
11.6/ 100
Risk Profile
Weight: 20%
DSCR
1.0834
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo78
Risk Index
43.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 15 MARGERY Road

Time

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