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$564,800

Port Colborne ON, L3K 1X1

MLS® # X12596776

Property Information:

CASH-FLOWING LEGAL DUPLEX WITH GARAGE, UPGRADES & PRIME LOCATION! A rare opportunity to own a fully separated, side-by-side legal duplex in a great Port Colborne neighbourhood- ideal for investors or live-in landlords seeking steady income and long-term upside. -Unit A (rented at $1,998.75/month + utilities): A spacious 2-storey, 2 bed, 2 bath unit featuring a bright eat-in kitchen, oversized living room, attached double-car garage, two-car drive way, private basement with laundry, central air, central vacuum, and a 4-piece bath.-Unit B (vacant market rent $1,500/month):A 1-bedroom bungalow with an open-concept kitchen/living area, 3-piece bath, large bedroom, private basement with laundry hookups, separate driveway off Alma, central vacuum, dedicated A/C unit, and newly added electric baseboard heating for fully independent climate control. The dry, oversized basement holds potential to create an additional living space in both units. -Extensive cosmetic renovations completed post-purchase, enhancing the enhancing the layout, finishing's, and overall appeal throughout.-Separate hydro meters already in place. After purchase, Unit B's heating was upgraded to electric baseboards, eliminating landlord-paid gas bills and making utilities fully tenant-controlled. -Newer roof, furnace, windows, and A/C - big-ticket items are already handled. Current tenants in Unit A have never missed a payment, are wonderful people, and wish to stay.-Tenants take care of exterior maintenance a hands-off setup for the new owner. Investor ROI sheet available upon request. Located in Port Colborne's desirable Killaly St E area, close to everything that matters: Nearby amenities include: De Witt Carter Public School & Lakeshore Catholic High School Nickel Beach, Friendship Trail, and HH Knoll Lakeview Park Port Colborne Historical & Marine Museum, Vale Centre, and Canal Days Festival. Downtown shops, cafes, and restaurants just minutes away (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Basement Type: Full
  • Exterior Finish: Vinyl siding, Concrete
  • Fire Protection: Smoke Detectors
  • Floor Space: 1500 - 2000 sqft
  • Flooring Type: Laminate, Tile
  • Foundation Type: Poured Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: Central air conditioning
  • Appliances: Central Vacuum, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3
  • Bathrooms: 3
  • Half Bathrooms: 1
  • Amenities Nearby: Public Transit, Schools
  • Community Features: School Bus
  • Features: Wheelchair access
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 59.5 Feet
  • Lot Frontage: 100.0 Feet
  • Lot Size: 100 x 59.5 FT
  • Structure Type: Porch
  • Zoning: R2
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage, Garage
  • No. of Parking Spaces: 7

Rooms:

  • Bedroom 2nd Level 3.96 m x 4.57 m
  • Bedroom 2nd Level 3.35 m x 4.27 m
  • Loft 2nd Level 3.35 m x 5.18 m
  • Family Main Level 5.79 m x 4.57 m
  • Family Main Level 3.66 m x 3.35 m
  • Bathroom Main Level 2.13 m x 3.05 m
  • Bathroom Main Level 2.13 m x 3.05 m
  • Bedroom Main Level 3.96 m x 3.35 m
  • Kitchen Main Level 3.96 m x 4.57 m
  • Kitchen Main Level 3.05 m x 2.13 m

Convert Measurement to:


Courtesy of: KELLER WILLIAMS REFERRED URBAN REALTY

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 344 FARES STREET, Port Colborne, Ontario, L3K 1X1

Demographic Information of 344 FARES STREET, Port Colborne, Ontario, L3K 1X1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,190.89

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.88 %

High school certificate or equivalent

38.39 %

Apprenticeship trade certificate/diploma

7.68 %

College/non-university certificate

22.0 %

University certificate (below bachelor)

0.54 %

University Degree

7.5 %

Commuter

Travel To Work

By Car

86.75 %

By Public Transit

0.0 %

By Walking

6.58 %

By Bicycle

1.09 %

By Other Methods

5.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

37.4 %

Houses

62.6 %

Own Vs. Rent