Homes for sale - 177 Erie ST, Port Colborne, ON L3K 4M5

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Mahesh Khatri

mkhatri.teammahesh@gmail.com +1(416) 464-6568

$ 470,000

Est. payment | -/mo

4 Beds

2 Baths

Save

$ 470,000

Est. payment | -/mo

Save

4 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 877 - Main Street

MLS Listing ID X12163436

Style 2-Storey

Bedrooms 4

Annual Tax Amount $3,028

Tax Year 2024

Property Sub-Type Duplex

Property Description

Whether you're a savvy investor or a first-time homebuyer, this fully tenanted duplex presents a versatile and rewarding opportunity. Currently generating reliable income with stable, long-term tenants in place, this property offers immediate cash flow and long-term upside for investors. Alternatively, for first-time buyers, this is your chance to step into homeownership, strategically live in one unit, and rent out the other to help offset your mortgage costs. Each self-contained unit features two bedrooms and private in-suite laundry. The main floor apartment includes exclusive access to the detached garage and the unfinished basement with solid concrete foundation walls perfect for additional storage or future development. The upper-level unit boasts a bright, open-concept layout, complete with a gas fireplace and a covered back porch that adds to its charm and tenant appeal. Both units are pet-free, well-maintained, and occupied by respectful tenants who have called the property home for several years. With tenants on month-to-month leases and each paying their own gas and hydro, utility expenses are minimized, offering more predictability in your operating budget. This is a well-rounded opportunity in a growing community, perfect for building equity while enjoying steady returns. Book your showing today and take the next step in your investment or homeownership journey.

Location

Province ON

County Niagara

Community 877 - Main Street

Area Niagara

Rooms

Family Room No

Basement Full

Kitchen 2

Interior

Interior Features Separate Hydro Meter, Primary Bedroom - Main Floor, Separate Heating Controls

Cooling None

Fireplace Yes

Heat Source Gas

Exterior

Parking Features Private Double

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Road Frontage Municipal Road

Lot Frontage 39.5

Lot Depth 134.3

Total Parking Spaces 6

Building

Foundation Concrete

Others

ParcelsYN No

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

177 Erie ST Port Colborne, ON L3K 4M5