Property Information:

This is a great turnkey investment opportunity. Start earning cashflow immediately! Fully tenanted triplex in Port Colborne. Three units, each with their own entrance. 1) Front Main Floor Unit - 1 bedroom, 1 bathroom (3pc) with a nice kitchen, lots of colour and character throughout. Entrance through the covered front porch. 2) Back Main Floor Unit - 1 bedroom, 1 bathroom (4pc) with a smaller kitchen & living room space. Entrance on the back of the house, private deck as well. 3) Upper Unit - 3 bedrooms, 1 bathroom (4pc), living room, dining room and kitchen. Also has a sunroom, and an upper 3rd level loft space. This unit has two separate entrance, through the front door and exterior stairway in the back with covered balcony. The Upper Unit is heated by a gas boiler, and has it's own hydro (tenant pays heat, hydro and HWT rental). Main floor units are heated with a gas forced air furnace, shared hydro meter. Two hot water tanks, owned. Basement is full, unfinished and has joint access for laundry appliances (included). Also included is all kitchen appliances (stove x3, fridge x3, and dishwasher x1). This triplex sits on a huge lot with a double wide driveway fitting up to 6 cars. Open backyard with a storage shed, garbage storage, and a fire-pit. Great location close to Lake Erie, Sugarloaf Marina & Park, Downtown Restaurants & Shops, Library, Schools, Hospital, Public Transit, and more! This makes for an excellent long-term investment opportunity in a city that is growing rapidly in economic development and value. (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Air Conditioning: Yes
Amenities: Separate Heating Controls, Separate Hydro Meters
Basement Development: Unfinished
Basement Type: Full
Exterior Finish: Stucco
Fire Protection: Smoke Detectors
Floor Space: 2000 - 2500 sqft Square Feet
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None, Window air conditioner
Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 5
Bathrooms: 3
Amenities Nearby: Marina, Park, Public Transit, Schools
Features: Guest Suite
Floor Space (approx): 2000 - 2500 Square Feet
Irregular: Yes
Lot Depth: 165 Feet
Lot Frontage: 66 Feet
Lot Size: 66 x 165 FT
Structure Type: Deck, Porch, Shed
Zoning: R4
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 6

Rooms:

Bathroom 2nd Level 2.30 m x 1.76 m
Kitchen 2nd Level 3.10 m x 2.53 m
Dining 2nd Level 3.09 m x 3.81 m
Living 2nd Level 3.28 m x 5.06 m
2nd Bedroom 2nd Level 3.10 m x 2.30 m
3rd Bedroom 2nd Level 2.93 m x 3.28 m
4th Bedroom 2nd Level 3.11 m x 3.50 m
Kitchen Main Level 3.09 m x 3.23 m
Living Main Level 3.50 m x 2.61 m
Kitchen Main Level 3.07 m x 3.05 m
5th Bedroom Main Level 3.09 m x 2.29 m
Living Main Level 3.21 m x 3.78 m
Bathroom Main Level 1.96 m x 1.41 m
Bathroom Main Level 1.59 m x 2.80 m
Bedroom Main Level 3.22 m x 2.88 m

Convert Measurement to:

Courtesy of: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

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Demographic Information of 86 ADELAIDE STREET, Port Colborne (Sugarloaf), Ontario, L3K 2W5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$81,672.88

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.92 %

High school certificate or equivalent

39.59 %

Apprenticeship trade certificate/diploma

7.55 %

College/non-university certificate

20.44 %

University certificate (below bachelor)

0.35 %

University Degree

12.15 %

Commuter

Travel To Work

By Car

86.25 %

By Public Transit

0.0 %

By Walking

8.72 %

By Bicycle

0.0 %

By Other Methods

5.03 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.19 %

Houses

68.81 %

86 ADELAIDE STREET, Port Colborne (Sugarloaf), Ontario, L3K 2W5