76 Marc Blvd

Welland, L3B 5V1
FOR SALE
$799,900
76 Marc Blvd, Welland
76 Marc Blvd
76 Marc Blvd
76 Marc Blvd
76 Marc Blvd
76 Marc Blvd
76 Marc Blvd
76 Marc Blvd
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2 + 2
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
6 + 5
ROOMS
X9256114
MLSID
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Property Description
Fully Renovated Legal Duplex + Accessory Unit with A+ Tenants! Discover this exceptional investment opportunity featuring a legal duplex with an additional accessory unit, all fully renovated with permits since 2021. This property has been upgraded with modern electrical, plumbing, and HVAC systems, ensuring low-maintenance ownership. Set on a nice lot with parking for all units, this property is both practical and appealing. All units are occupied by A+ tenants who pay for their own utilities, providing you with a hassle-free, income-generating asset. Additionally, if desired, the existing professional property management can be retained, offering a seamless transition for the new owner. Don't miss out on this turn-key property that combines quality renovations, desirable features, and excellent income potential.
Property Features
Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Street
Property Type
Duplex, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
50' x 120'
Acreage
< .50
Fronting
West
Taxes
$3,673 (2023)
Basement
Finished, Walk-Up
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Front Yard
Garage Type
Attached
Welland Market Statistics
Welland Price Trend
76 Marc Blvd is a 2-bedroom 3-bathroom home listed for sale at $799,900, which is $326,205 (68.9%) higher than the average sold price of $473,695 in the last 30 days (August 22 - September 20). During the last 30 days the average sold price for a 2 bedroom home in Welland declined by $1,965 (0.4%) compared to the previous 30 day period (July 23 - August 21) and down $162,305 (25.5%) from the same time one year ago.
Inventory Change
There were 14 2-bedroom homes listed in Welland over the last 30 days (August 22 - September 20), which is up 27.3% compared with the previous 30 day period (July 23 - August 21) and up 55.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Welland typically sold ($9,685) (2.0%) below asking price over the last 30 days (August 22 - September 20), which represents a $116 decrease compared to the previous 30 day period (July 23 - August 21) and ($7,360) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Welland over the last 30 days (August 22 - September 20) stood at 1,971.4%, down from 5,027.3% over the previous 30 days (July 23 - August 21) and up from 55.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Welland stood at 24 days when successfully sold over the last 30 days (August 22 - September 20), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
Similar Listings
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BATHS
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*LEGAL DUPLEX* Welcome To 31 Sharon Ave A Beautiful 2400+Sqft Of Living Space, Featuring A Comfortable 3+3 Bedroom Layout With 1+1.5 Baths In A Detached Bungalow On A Spacious 67x231 Feet Lot. Located In Welland, This Property Enjoys An Excellent Location On A Quiet Street Close To Everything: Schools, Niagara College, Shopping, Recreation Facilities, And The 406 Highway. Ideal For Downsizers Looking To Enjoy The Expansive Backyard Or Savvy Investors Seeking Over $45,000 In Annual Rental Income. The Home Offers A Well-Designed Floor Plan With Generous Kitchen Spaces On Both The Main And Basement Levels, An Enclosed 3-Season Room, And Has Been Completely Renovated Between 2021 And 2024, Including Its Conversion To A Duplex In 2021. Additional Features Include Comfortable Size 3+3 Bedrooms, Fireplaces On Both Main And Basement Levels, Ample Parking With Space For 5 Cars. Don't Miss Out On This Stunning Property! Extras **Appliances 2021-2022, Windows 2020, Furnace 2019, Hot Water Tank (Owned) 2021**
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