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$395,000
Available - For Sale
Listing ID: X12017609
This charming legal duplex is a fantastic income opportunity in the heart of Port Colborne! Situated on a huge double lot, this property boasts ample parking, perfect for easily designating spots for tenants, and includes a large detached garage and a spacious fully fenced backyard. The main floor unit offers approximately 900 sqft of space with a bright living room, spacious kitchen, dining room, two bedrooms, and a 4-piece bathroom, plus its own laundry. Upstairs, the second unit provides approximately 800 sqft of space and includes a cozy living room, spacious eat-in kitchen, two bedrooms, a 4-piece bathroom, and separate laundry. The upper tenant currently pays $1,230/monthly, so this property is already income-generating! With separate hydro and gas meters, utility management is a breeze. The upper unit is accessed by a side entrance. Located in a highly desirable area, this property is close to great schools, parks, restaurants, shops, and the Friendship Trail, perfect for enjoying a day in nature. You're also just minutes from Sugarloaf Harbour Marina, Nickel Beach, and HH Knoll Lakeview Park, which hosts the popular Canal Days Festival each year. Port Colborne itself is a welcoming lakeside community known for its friendly vibe, waterfront charm, and year-round amenities, making it an exceptional place to live and invest. Whether you're looking for an investment property or a versatile home with income potential, this character-filled duplex is a rare find. **EXTRAS** Schools: Dewitt Carter Public, St Therese Catholic Elementary, Port Colborne High, Lakeshore Catholic High. Approximately 1700 sqft above grade.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $58,999.95 $117,999.9 $176,999.85 $235,999.8
First Mortgage $1,120,999.05 $1,061,999.1 $1,002,999.15 $943,999.2
CMHC/GE $30,827.47 $21,239.98 $17,552.49 $0
Total Financing $1,151,826.52 $1,083,239.08 $1,020,551.64 $943,999.2
Monthly P&I $4,933.18 $4,639.43 $4,370.94 $4,043.08
Expenses $0 $0 $0 $0
Total Payment $4,933.18 $4,639.43 $4,370.94 $4,043.08
Income Required $184,994.39 $173,978.59 $163,910.38 $151,615.33

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE NRC REALTY

420 Fares Stre , Port Colborne, L3K 1X3, Niagara

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MD Ashraful Bari
Broker
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Duplex
Area: Niagara
Municipality: Port Colborne
Neighbourhood: 875 - Killaly East
Style: 2-Storey
Lot Size: x 110.00(Feet)
Approximate Age: 100+
Tax: $2,239.77
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: N
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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

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

 

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