3493 Highway 3, Port Colborne (Sherkston), Ontario, L3K5V3
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$499,000
Port Colborne
This multi-family property in Port Colborne is for sale.
Just Listed! 2-Storey Legal Duplex on 2.4 Acres. An exceptional opportunity awaits with this well-built 2.5-storey century farmhouse, situated on a 2.4-acre double lot offering endless potential. Rich in character and space, this property lends itself to a wide range of possibilities-from gardening and greenhouses to future development, severance, or building your dream home(s). Conveniently located near Sherkston and the sandy beaches of Lake Erie, and just minutes from Niagara's renowned wineries, this growing community is truly one of the province's hidden gems. Positioned directly on Highway 3, the property provides excellent street exposure, making it ideal for a live-work setup or investment opportunity. Currently zoned as a legal duplex, the home offers the flexibility to renovate, accommodate extended family, live in one unit and rent the other, or pursue a full rebuild. Close to Niagara Falls, shopping, the U.S. border, wineries, horseback riding, and more, this property presents a rare blend of location, land, and potential. Key improvements already completed include an updated electrical panel and a new water treatment and softening system. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 127 days on market, against an average age of 87 days across the listings currently for sale in this city
This 5-bed multi-family in Port Colborne (Sherkston) 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 $499,000, about 7.1× the local median household income of $70,000.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 39% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3K)
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Loading rates, 30-yr amortization
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