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Ontario
Port Colborne
129 DURHAM Street

$643,000

129 DURHAM Street, Port Colborne, Ontario, L3K 1E1

MLS® # 40825785

Port Colborne ON, L3K 1E1

MLS® # 40825785

Property Information:

Exceptional multi-unit investment opportunity at 129 Durham St in Port Colborne. This well-maintained property features four self-contained residential units across two structures, including one 2-bedroom, 1-bath and three 1-bedroom, 1-bath units. Each suite is separately metered for hydro and water, with sub-meters installed, leaving only gas as the landlord expense. Tenants benefit from ample off-street and street parking, as well as convenient shared on-site laundry facilities.Located in a desirable area with affordable property taxes, strong rental demand, and low vacancy rates, this property presents an excellent investment opportunity in the growing community of Port Colborne. Residents enjoy close proximity to marinas, parks, and the scenic Welland Canal, offering an attractive lifestyle and convenient amenities. (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Air Conditioning: Yes
Basement Type: None
Exterior Finish: Vinyl siding
Floor Space: 2914 sqft Square Feet
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Wall unit

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 5
Bathrooms: 4
Amenities Nearby: Park, Shopping
Features: Paved driveway
Floor Space (approx): 2914 Square Feet
Lot Depth: 94 Feet
Lot Frontage: 31 Feet
Zoning: R4
Sewer: Municipal sewage system
Parking Type: Open
No. of Parking Spaces: 4

Courtesy of: Real Broker Ontario Ltd.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 129 DURHAM Street, Port Colborne, Ontario, L3K 1E1

Lifestyle
Neighbourhood

Demographic Information of 129 DURHAM Street, Port Colborne, Ontario, L3K 1E1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$83,442.93

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.18 %

High school certificate or equivalent

43.04 %

Apprenticeship trade certificate/diploma

9.71 %

College/non-university certificate

17.76 %

University Degree

4.3 %

Commuter

Travel To Work

By Car

95.92 %

By Public Transit

0.0 %

By Walking

2.04 %

By Bicycle

0.0 %

By Other Methods

2.04 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

13.68 %

Houses

86.32 %

Own Vs. Rent