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$1,150,000
Available - For Sale
Listing ID: X12757304
Exceptional Investment Opportunity - Rare income-producing property with character and strong upside potential in the heart of Port Colborne. This purpose-built nineplex was thoughtfully converted from a former church in 2010, creating a distinctive building with excellent unit mix and rental flexibility. This multi-unit property delivers nine self-contained residential units and a large paved parking area with 14 spaces, a significant asset in a market where parking is at a premium. Each unit benefits from separate metering and functional layouts, offering investors stable income today and strong potential to increase rents in the future. The location adds to the appeal - just minutes from downtown Port Colborne, local schools, transit options, shops, restaurants, and the scenic waterfront, making the property attractive to a wide range of tenants.Whether you're expanding your portfolio or entering the multi-family market, this well-maintained & income-producing nineplex combines character, space, and future growth opportunities in one of Niagara's established communities. Unit mix includes 2x1 bed, 6x1 bed+den, and 1x2 bed+den.
Price $1,150,000
Taxes: $11,179.04
Tax Type: Annual
Occupancy by: Tenant
Address: 20 Erie Street , Port Colborne, L3K 4L7, Niagara
Postal Code: L3K 4L7
Province/State: Niagara
Legal Description: PT LTS 2 & 3 PL 777 HUMBERSTONE BEING PA
Directions/Cross Streets: Off Killaly St W, between King St and Elm St.
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Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: F
Total Area: 6,634
Total Area Code:  Square Feet
Office/Appartment Area: 6634
Office/Appartment Area Code: Sq Ft
Maintenance: 0
Heat Type: Other
Central Air Conditioning: Partial
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Asking Price: $ Heating: $ /Year  
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RE/MAX PROFESSIONALS INC.

20 Erie Street , Port Colborne, L3K 4L7, Niagara

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Maria Tompson
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Port Colborne
Neighbourhood: 877 - Main Street
Style:
Lot Size: x 124.44(Feet)
Approximate Age:
Tax: $11,179.04
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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