No similar listings for sale right now.
Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$465,000
Port Colborne
98 Chippawa Road, Port Colborne (Bethel), Ontario, L3K1T5
This multi-family property in Port Colborne is for sale offering roughly 2,750 sq ft of space. It has been on the market 98 days, fresher than the Port Colborne average of 117 days.
Mortgage helper. Multi-generational living. Investment opportunity. This property gives you options. With two self-contained units, separate entrances, separate hydro meters, and dedicated laundry for each, this is the kind of property that's becoming increasingly popular. Live comfortably in one unit while the second helps pay your mortgage, accommodate extended family with privacy, or add a strong income-producing property to your portfolio. The big updates have already been taken care of, including a newer boiler, two hot water tanks, three ductless mini-split heating and cooling units, several updated windows, and an oversized single garage. Step outside to enjoy the spacious wood deck and 15-ft above-ground pool-perfect for summer gatherings and family fun. The basement features its own separate entrance and has already been insulated with a vapor barrier. While the interior offers an opportunity for cosmetic updating, that's exactly where the value lies. Refresh it to suit your own style while building equity in a property with excellent income potential, and endless options. Whether you're buying your first investment, looking for a mortgage helper, or creating space for multiple generations under one roof, this is a great opportunity at a great price. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 98 days on market, against an average age of 117 days across the listings currently for sale in this city
This 5-bed multi-family in Port Colborne (Bethel) has been listed for 98 days, which is 19 days fresher than the city average of 117. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $465,000, about 6.6× the local median household income of $70,000.
Carrying it typically needs a household income of about $90,831 (20% down, 25-yr amortization, stress-tested) — roughly 30% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3K)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice