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$439,900
Port Colborne
58 Wellington Street, Port Colborne (Killaly East), Ontario, L3K2J7
This multi-family property in Port Colborne is for sale offering roughly 3,843 sq ft of space. It has been on the market 51 days, fresher than the Port Colborne average of 91 days.
Excellent opportunity for investors, first-time buyers or those looking to live in one unit and have a tenant help with the mortgage. This well-maintained two-unit home in Port Colborne features a spacious main-floor 2-bedroom unit with a 3-piece bath, in-unit laundry, sundeck and access to the backyard. The second-floor 1-bedroom unit offers a kitchen, 4-piece bath and separate living space. Both units feature separate front entrances and dedicated parking. The main floor is currently vacant, providing flexibility for an owner-occupier or new tenant. Great Cashflow potential and an attractive opportunity for homeownership or long-term investment. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 51 days on market, against an average age of 91 days across the listings currently for sale in this city
This multi-family in Port Colborne (Killaly East) has been listed for 51 days, which is 40 days fresher than the city average of 91. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $439,900, about 6.3× the local median household income of $70,000.
Carrying it typically needs a household income of about $85,928 (20% down, 25-yr amortization, stress-tested) — roughly 23% 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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