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$500,000
Available - For Sale
Listing ID: X8422908
Seize this incredible investment opportunity with a well-maintained, 1,800 sq. ft.,2 1/2-story character home in the coveted Sugarloaf district. This fully bricked residence, zoned as a "Legal Duplex," offers both charm and practicality, making it a valuable addition to your portfolio. Key Features: Prime Location: Just blocks from Lake Erie, this property is conveniently located near the hospital, marina, parks, shopping centers, and top-rated schools, ensuring high tenant demand and excellent rental potential. Separate Utilities: Each unit has its own hydro meter, with updated electrical panels , ensuring safety and efficiency. Modern Upgrades: The home features a newer boiler and hot water tank (installed in 2019), and the roof on both the house and detached garage was replaced in 2017. The two-tier steps to the second unit entrance were also replaced in 2017, and the floors and paint were refreshed in 2008. Additional Income Potential: The detached garage, with a 20'x17' addition, has a concrete floor and can be rented out as storage or a workshop, providing an extra income stream. Reliable Tenants: The property currently houses long-term tenants who pay rent month-to-month, consistently on time, and maintain their units with care. This provides stability and peace of mind for potential investors. Flexible Opportunities: There is potential to negotiate new rental agreements or obtain vacant possession, offering flexibility to maximize your investment returns. This property presents numerous possibilities to optimize your investment strategy. Whether you continue with the current tenants or make adjustments to the rental agreements, the solid structure and prime location of this home ensure it will remain a lucrative asset.
Price $500,000
Taxes: $3,318.8
Address: 246 Kent St , Port Colborne, L3K 3A1, Ontario
Lot Size: 40 x 124 (Feet)
Directions/Cross Streets: Steele Street
Rooms: 5
Rooms +: 0
Bedrooms: 5
Bedrooms +: 0
Washrooms: 2
Kitchens: 2
Kitchens +: 0
Family Room: N
Basement: Full
Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Br 8.99 7.15
Room 2: Main Br 8.99 8.99
Room 3: Main Kitchen 10.17 6.33
Room 4: 2nd Br 9.84 7.84
Room 5: 2nd Br 10.59 10.07
Room 6: 2nd Br 10.00 9.58
Room 7: 2nd Kitchen 8.00 5.51
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 2nd
Property Type: Duplex
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 3
Pool: None
Approximatly Square Footage: 1500-2000
Fireplace/Stove: N
Heat Source: Other
Heat Type: Radiant
Central Air Conditioning: Other
Sewers: Sewers
Water: Municipal
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RE/MAX NIAGARA REALTY LTD.

246 Kent St , Port Colborne, L3K 3A1, Ontario

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 - Duplex
Area: Niagara
Municipality: Port Colborne
Neighbourhood:
Style: 2 1/2 Storey
Lot Size: 40.00 x 124.00(Feet)
Approximate Age:
Tax: $3,318.8
Maintenance Fee: $0
Beds: 5
Baths: 2
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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