177 Erie Street, Port Colborne (Main Street), Ontario, L3K4M5




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$424,999
Port Colborne
This multi-family property in Port Colborne is for sale offering roughly 1,750 sq ft of space.
Solid income property with two tenants already in place, an easy add for an investor's portfolio or a smart entry point for a buyer looking to offset their mortgage! Two full two-bedroom units, each with in-suite laundry and separate utility accounts, keep things simple on the expense side.The lower unit comes with garage access and a basement with poured concrete walls, ready for storage or a future build-out. Upstairs feels bright and open, with a gas fireplace and a covered porch that tenants love.Both suites are pet-free and leased month-to-month to easygoing, established tenants. Add a deep, private backyard and a price built for value, and this one checks a lot of boxes. Priced to sell book your showing today! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 121 days on market, against an average age of 83 days across the listings currently for sale in this city
This 4-bed multi-family in Port Colborne (Main Street) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $424,999, about 6.1× the local median household income of $70,000.
Carrying it typically needs a household income of about $83,017 (20% down, 25-yr amortization, stress-tested) — roughly 19% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3K)
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Loading rates, 30-yr amortization
Cash Needed to Close
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