ON > Port Colborne > 876 - East Village
Port Colborne, ON L3K 1E1,129 Durham ST
Port Colborne, ON L3K 1E1,129 Durham ST
Port Colborne, ON L3K 1E1,129 Durham ST
Port Colborne, ON L3K 1E1,129 Durham ST
Port Colborne, ON L3K 1E1,129 Durham ST
Port Colborne, ON L3K 1E1,129 Durham ST
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 669,990
Est. payment | /mo

5 Beds

4 Baths

Save
$ 669,990
Est. payment | /mo
Save

5 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 876 - East Village

MLS Listing ID X12173331

Style 2-Storey

Bedrooms 5

Annual Tax Amount $3,900

Tax Year 2024

Property Sub-Type Fourplex

Property Description

This exceptional property offers four spacious suites; two in the front building - both equipped with 2 beds + 1 bath.. and two units in the rear - both equipped with 1 bed + 1 bath. With three units vacant at closing, you'll have the opportunity to select your tenants and achieve premium market rents, with a potential yearly income of up to $70,000+ once the vacancies are filled. The tenanted unit rent being collected is $1645.00 monthly. Each suite is equipped with separate hydro and water meters, and sub-meters are installed, leaving only gas expenses for the landlord. Tenants benefit from ample off-street and street parking, as well as convenient on-site laundry facilities.Located in a highly desirable area with affordable property taxes, strong rental demand, and low vacancy rates, 129 Durham St represents a prime investment opportunity. The property sits in the picturesque city of Port Colborne, offering residents easy access to marinas, parks, and the scenic Welland Canal making it a highly attractive location for tenants seeking a balanced, active lifestyle. Recent improvements include a new furnace for units 3 and 4 (2022/2023) + new furnace for units 1 & 2 (2025), along with upgraded windows, roof, soffits, eavestroughs, and gutters. Additional cosmetic enhancements include newly installed interior and exterior doors, as well as modernized kitchens. With excellent insulation and thoughtful upgrades throughout, this property is both efficient and low-maintenance, offering long-term value for savvy investors.

Location

Province ON

County Niagara

Community 876 - East Village

Area Niagara

Rooms

Family Room No

Basement None

Kitchen 4

Interior

Interior Features Separate Heating Controls, Separate Hydro Meter

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 31.0

Lot Depth 94.0

Total Parking Spaces 4

Building

Foundation Slab

Listed by REVEL Realty Inc., Brokerage
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"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

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129 Durham ST