Get $1,288 Cash Back
223 MAIN STREET W, Port Colborne (Main Street) — listed at $515,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
This is an incredible prime opportunity to own a well built triplex in a convenient & desirable downtown location in Port Colborne. Situated in a High Traffic area on revitalized Main St W, this property offers the perfect balance of comfort and convenience, making it an ideal investment with good cash flow opportunity or multi-family property. This charming triplex features a 1 bedroom and a 2 bedroom unit on the main floor and a 1 bedroom unit upstairs. Each comes with their own classic character. Kitchens are well-equipped and bedrooms are spacious. Each Separately metered and 2 hot water tanks providing added privacy and efficiency for the tenants. The shared outdoor space adds appeal. The thoughtful layout includes separate entrances allowing for privacy and separation within each unit. Basement has its own door which can be shared for storage and laundry facilities. With a large front picture window, the front air conditioned 1 bedroom unit can be converted to a commercial space. In addition, the property provides 8 parking spots ensuring that residents and visitors have no trouble finding space. Whether you're looking to add to your real estate portfolio or enjoy a peaceful living environment with rental income potential, this purpose built triplex offers great value in a fantastic location. One unit currently tenanted, this triplex is a reliable income-generating asset. The property's potential cash flow makes it an ideal choice for investors seeking a stable and lucrative addition. Don't miss this opportunity to secure a property that merges timeless appeal with strong rental potential. Builders & developers take note: the city permits additional units to be built determined by how many parking there are. Only minutes away from local beaches, shopping, & restaurants, this unique property offers an opportunity that can't be missed. Independent Addresses: 219, 221 and 223 Main St W. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | — |
| Bedroom | Upper Level | — |
| Workshop | Basement | — |
| Office | Basement | — |
| Living room | Main level | — |
| Bedroom | Main level | — |
| Kitchen | Main level | — |
| Living room | Main level | — |
| Dining room | Main level | — |
| Primary Bedroom | Main level | — |
| Bedroom 2 | Main level | — |
| Kitchen | Upper Level | — |
| Living room | Upper Level | — |
How is the home heated? Is it efficient?+
Heating is baseboard heaters, forced air, electric, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Does it have a basement, and is it finished?+
Yes — Unfinished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,767, heating is baseboard heaters, forced air, electric, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 4 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Is 223 MAIN STREET W a good fit for a growing family?+
With 4 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
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