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$749,900
Port Colborne
8 Catharine Street, Port Colborne (Sugarloaf), Ontario, L3K4J6
This multi-family property in Port Colborne is for sale.
Rarely does an investment opportunity like this become available in Port Colborne. This unique property features three detached 2-bedroom homes in a quiet cul-de-sac setting, surrounded by distinguished homes and just a short walk to parks, historic West Street, downtown Port Colborne, the marina, and the waterfront. Each home is approximately 600 sq. ft. and features a full unfinished basement with walkout access and ceiling heights of approximately 6'10", offering additional storage and future potential. Each home also has separate water, hydro, and gas meters, making management and utility separation straightforward for investors. The location lends itself beautifully to both long-term rentals and possible short-term rental opportunities, with marina views and walkable access to some of Port Colborne's most loved amenities. With three detached dwellings on one property, this is an ideal setup for investors, multi-generational living, co-ownership partnerships, or those looking to expand their portfolio with a rare and flexible asset in a growing waterfront community. Whether you're looking for steady rental income, redevelopment potential, or a unique investment opportunity in one of Niagara's charming lakeside communities, this property offers versatility, location, and long-term upside. Can be purchased in conjunction with 14 Catharine Street, home to the historic Wyldewood Estate. See MLS X13164700. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 166 days on market, against an average age of 96 days across the listings currently for sale in this city
This 6-bed multi-family in Port Colborne (Sugarloaf) 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 $749,900, about 10.7× the local median household income of $70,000.
Carrying it typically needs a household income of about $146,482 (20% down, 25-yr amortization, stress-tested) — roughly 109% 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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