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Royal LePage
Royal LePage
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$679,000

Port Colborne ON, L3K 1W4

MLS® # X12329844

Property Information:

180 Fares St is prepped for development, with Approved Building Bermits already in place for four 2-bedroom units and four 1-bedroom units. Most of the framing is already completed as per new building permit drawings and new windows already installed. The property sits in a high-potential neighborhood that is on the brink of major transformation. It's set to benefit from several major upcoming projects, including the future City Waterfront Centre, a year-round multi-use hub that will serve cruise ship guests and host community events. Just around the corner, Rankin is wrapping up construction on a 9-storey, 72-unit condo building. Plus, the Marina District is being reimagined with city plans to create 5 to 8 new urban blocks here, with commercial space on the ground floor, residential units above, and new walking paths, parks, and event spaces throughout. The location is unbeatable walking distance to downtown, grocery stores, restaurants, parks, the canal, and more. This is a prime investment opportunity in a rapidly evolving area. Property is being sold as is condition. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Exterior Finish: Brick
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Concrete
  • Heating Type: Other
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 36.0 Feet
  • Lot Size: 36 x 100 FT
  • Utility Type: Sewer - Installed, Hydro - Installed
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 6

Courtesy of: Toronto Real Estate Realty Plus Inc

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 180 FARES STREET, Port Colborne, Ontario, L3K 1W4

Demographic Information of 180 FARES STREET, Port Colborne, Ontario, L3K 1W4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$81,672.88

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.92 %

High school certificate or equivalent

39.59 %

Apprenticeship trade certificate/diploma

7.55 %

College/non-university certificate

20.44 %

University certificate (below bachelor)

0.35 %

University Degree

12.15 %

Commuter

Travel To Work

By Car

86.25 %

By Public Transit

0.0 %

By Walking

8.72 %

By Bicycle

0.0 %

By Other Methods

5.03 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.19 %

Houses

68.81 %

Own Vs. Rent

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