Exceptional Investment Opportunity Rare income producing property with character and strong upside potential in the heart of Port Colborne.


Property

Website:https://www.nestseekers.com/5268360
Address:
Port Colborne L3K 4L7
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C1,150,000
($820,300)
(€717,300)
Annual Taxes:C11,179.04

Description

Exceptional Investment Opportunity - Rare income-producing property with character and strong upside potential in the heart of Port Colborne. This purpose-built nineplex was thoughtfully converted from a former church in 2010, creating a distinctive building with excellent unit mix and rental flexibility. This multi-unit property delivers nine self-contained residential units and a large paved parking area with 14 spaces, a significant asset in a market where parking is at a premium. Each unit benefits from separate metering and functional layouts, offering investors stable income today and strong potential to increase rents in the future. The location adds to the appeal - just minutes from downtown Port Colborne, local schools, transit options, shops, restaurants, and the scenic waterfront, making the property attractive to a wide range of tenants.Whether you're expanding your portfolio or entering the multi-family market, this well-maintained & income-producing nineplex combines character, space, and future growth opportunities in one of Niagara's established communities. Unit mix includes 2x1 bed, 6x1 bed+den, and 1x2 bed+den.

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario