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36 NICKEL STREET, Port Colborne (East Village) — listed at $499,800. Earn buyer cashback at closing. No catches, just more money in your pocket.
Take advantage of this unique mixed-use investment opportunity in Port Colborne. This property features a fully functional laundromat with reliable equipment, 4 residential units, and recent fire inspection for peace of mind. Additionally, this property offers parking for two vehicles and two outdoor storage boxes for tenant storage.Whether you're an investor seeking dual income streams or an owner-operator looking to live on-site and manage the business, this property delivers versatility, location (a quick walk to Nickle Beach), and a vacant 3 bedroom unit, allowing you to set your own rent or move in yourself. (id:60164)
Who is 36 NICKEL STREET best suited for?+
With null bedrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,718.71, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What's the parking situation?+
This property includes 2 spaces.
Is this a good starter home?+
At $499,800, this is priced in starter-home territory for Port Colborne (East Village). Factor in property taxes when calculating your true monthly cost.
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