3143 Colin Street, Malahide (Port Bruce) - Business for Sale
3143 Colin Street, Malahide (Port Bruce), Ontario, N5H2R2
This business in Malahide is for sale offering roughly 7,567 sq ft of space.
Description
Welcome to the Village of Port Bruce. Nestled on the South Shores of Lake Erie. Located only 40 minutes South of the Highway 401 and 10 minutes South of the Town of Aylmer. This property is an Extremely Unique Property consisting of 2 Cottages, Take-out Food Stand and an Existing Lot. This turnkey investment opportunity featuring 2 Independent Cottages Both featuring 2 Bedrooms, Full Bathroom, Kitchen, Dining and Living room. Private Parking and side Deck for outside entertaining and enjoying those quiet lakeside evenings. Each cottage is a proven Cash Cow with Year-Round Revenue, Cottages in Peak Summer Revenue of $800 per week and Off Season revenue of $1800 Month Plus Utilities. The Food Stand is Leased for 2026 and 2027 seasons at $3500 Per Month, Plus Utilities (6 month season). Additional existing Lot offers valuable space for future developments, expansion or resale. This property is located Steps for the Beach, Pier, Park and Playground. Don't miss out on this RARE Lake Erie in Heart of Port Bruce package of Opportunity. (id:66096)
Property Details
- MLS®
- X13556196
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- FF1
- Parking
- 5
- Interior Size
- 7,567 ft²
- Frontage
- 106 ft
- Building Area
- 7,567 ft²
- Heating
- Other
- Cooling
- None
- Property Tax
- $3,968/yr
- Listed
- 114 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 114 days on market, against an average age of 115 days across the listings currently for sale in this city
This business in Malahide (Port Bruce) has been listed for 114 days, which is 1 days fresher than the city average of 115. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N5H)
This home lists at $1,200,000, about 14.5× the local median household income of $83,000.
Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 182% above the area median.
- Median household income
- $83,000
- Population
- 15,625
- Median age
- 37.6
- Owner / renter
- 77% / 23%
- Avg. household size
- 2.8
Source: Statistics Canada, 2021 Census (FSA N5H)
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$1,200,000
Malahide