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$ 499,000
Est. payment /mo
Active
420 Fares ST Port Colborne, ON L3K 1X3
4 Beds
2 Baths
UPDATED:
02/14/2025 05:23 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 875 - Killaly East
MLS Listing ID X11905440
Style 2-Storey
Bedrooms 4
Annual Tax Amount $2,239
Tax Year 2024
Property Sub-Type Duplex
Property Description
This charming legal duplex is a fantastic income opportunity in the heart of Port Colborne! Situated on a huge double lot, this property boasts ample parking, perfect for easily designating spots for tenants, and includes a large detached garage and a spacious fully fenced backyard. The main floor unit offers approximately 900 sqft of space with a bright living room, spacious kitchen, dining room, two bedrooms, and a 4-piece bathroom, plus its own laundry. Upstairs, the second unit provides approximately 800 sqft of space and includes a cozy living room, spacious eat-in kitchen, two bedrooms, a 4-piece bathroom, and separate laundry. The upper tenant currently pays $1,230/monthly, so this property is already income-generating! With separate hydro and gas meters, utility management is a breeze.The upper unit is accessed by a side entrance. Located in a highly desirable area, this property is close to great schools, parks, restaurants, shops, and the Friendship Trail, perfect for enjoying a day in nature. You're also just minutes from Sugarloaf Harbour Marina, Nickel Beach, and HH Knoll Lakeview Park, which hosts the popular Canal Days Festival each year. Port Colborne itself is a welcoming lakeside community known for its friendly vibe, waterfront charm, and year-round amenities, making it an exceptional place to live and invest. Whether you're looking for an investment property or a versatile home with income potential, this character-filled duplex is a rare find. **EXTRAS** Schools: Dewitt Carter Public, St Therese Catholic Elementary, Port Colborne High, Lakeshore Catholic High. Approximately 1700 sqft above grade.
Location
Province ON
County Niagara
Community 875 - Killaly East
Area Niagara
Rooms
Family Room No
Basement Crawl Space, Unfinished
Kitchen 2
Interior
Interior Features Separate Hydro Meter, Separate Heating Controls
Cooling Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Double
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 66.0
Lot Depth 110.0
Total Parking Spaces 7
Building
Unit Features School,Place Of Worship,Park
Foundation Concrete Block, Stone
Listed by ROYAL LEPAGE NRC REALTY