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$710,000
Available - For Sale
Listing ID: X12036991
This exceptional property offers four spacious suites; two in the front building - both equipped with 2 beds + 1 bath.. and two units in the rear - both equipped with 1 bed + 1 bath. With three units vacant at closing, you'll have the opportunity to select your tenants and achieve premium market rents, with a potential income of up to $68,000+ once the vacancies are filled. The tenanted unit rent being collected is $1645.00 monthly. Each suite is equipped with separate hydro and water meters, and sub-meters are installed, leaving only gas expenses for the landlord. Tenants benefit from ample off-street and street parking, as well as convenient on-site laundry facilities.Located in a highly desirable area with affordable property taxes, strong rental demand, and low vacancy rates, 129 Durham St represents a prime investment opportunity. The property sits in the picturesque city of Port Colborne, offering residents easy access to marinas, parks, and the scenic Welland Canal making it a highly attractive location for tenants seeking a balanced, active lifestyle. Recent improvements include a new furnace for units 3 and 4 (2022/2023) + new furnace for units 1 & 2 (2025), along with upgraded windows, roof, soffits, eavestroughs, and gutters. Additional cosmetic enhancements include newly installed interior and exterior doors, as well as modernized kitchens. With excellent insulation and thoughtful upgrades throughout, this property is both efficient and low-maintenance, offering long-term value for savvy investors.
Price $710,000
Taxes: $3,900
Assessment Year: 2024
Occupancy by: Partial
Address: 129 Durham Stre , Port Colborne, L3K 1E1, Niagara
Acreage: < .50
Directions/Cross Streets: welland st - durham
Rooms: 13
Bedrooms: 6
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: None
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Second Kitchen 0 0
Room 2: Second Living Ro 0 0
Room 3: Second Bedroom 0 0 3 Pc Bath
Room 4: Main Living Ro 0 0
Room 5: Main Kitchen 0 0
Room 6: Main Bedroom 0 0 3 Pc Bath
Room 7: Second Kitchen 0 0
Room 8: Second Bedroom 0 0
Room 9: Second Bedroom 2 0 0 4 Pc Bath
Room 10: Main Kitchen 0 0
Room 11: Main Bedroom 0 0
Room 12: Main Living Ro 0 0
Room 13: Main Bedroom 2 0 0 3 Pc Bath
No. of Pieces Level
Washroom 1:  4 Second
Washroom 2:  3
Washroom 3:  4
Washroom 4:  3
Washroom 5:  0
Property Type: Fourplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 4
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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REVEL Realty Inc., Brokerage

129 Durham Stre , Port Colborne, L3K 1E1, Niagara

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Fourplex
Area: Niagara
Municipality: Port Colborne
Neighbourhood: 876 - East Village
Style: 2-Storey
Lot Size: x 88.84(Feet)
Approximate Age:
Tax: $3,900
Maintenance Fee: $0
Beds: 6
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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