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130 KILLALY STREET E, Port Colborne (Killaly East) — listed at $549,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Great value! Money machine OR live in 1 and rent 2 for a mortgage free life. This fully legal triplex with two vacant units- ready for you to set market rent. Unit 1(1.5 story portion) : Spacious 4 bedrm, 2 bathrm unit with kitchen, dining room, laundry room, large front porch and fenced yard. Unit #2 (front main floor unit) Rented at 650.00$ + hydro. Features kitchen, living room, 2 bedrooms, full bathroom and laundry room. Unit #3 (basement) offers kitchen, living room, 2 bedrms, bathroom and laundry room. Recent upgrades include new roof 2023, new fence, new deck, new central air units 2023. Plus an extra- large side lot offers future potential for a garage or additional suite. (id:60164)
Could this work as an investment property?+
The basement description mentions: Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Port Colborne (Killaly East) before counting on it.
Is 130 KILLALY STREET E a good fit for a growing family?+
With 8 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office. The 1.5-storey layout keeps living and sleeping areas separated.
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 6 spaces — No Garage.
Does it have a basement, and is it finished?+
Yes — Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, 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 $3,594, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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