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$1,200,000
Est. payment /mo
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 878 - Sugarloaf
MLS Listing ID X12296012
Style 2-Storey
Bedrooms 8
Building Age 51-99
Annual Tax Amount $6,127
Tax Year 2025
Property Sub-Type Fourplex
Property Description
This is a rare opportunity to own a purpose-built brick four-plex in Port Colborne. With strong monthly rental income of $4,995 and fully tenanted units, this property is a solid addition to any investors portfolio. Each spacious two-bedroom, one-bathroom unit is separately metered for hydro - an attractive feature for both landlords and tenants seeking privacy and cost efficiency. Recent updates include a durable metal roof and a new concrete walkway, enhancing curb appeal and long-term maintenance value. Inside, the units are bright and welcoming, with natural light streaming in from three sides. Tenants enjoy extra storage with deep hallway closets just outside each unit. Ample parking is provided with two dedicated spots per unit via a private rear laneway, plus plenty of additional street parking for guests. Located in the scenic and growing community of Port Colborne, residents have easy access to parks, marinas, and the picturesque Welland Canal - perfect for those seeking a lifestyle that blends nature and urban convenience. Whether you're looking to expand your portfolio or invest in a low-maintenance, income-generating property, this four-plex offers strong returns and long-term value.
Location
Province ON
County Niagara
Community 878 - Sugarloaf
Area Niagara
Rooms
Family Room No
Basement None
Kitchen 4
Interior
Interior Features Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Electric
Exterior
Exterior Feature Awnings, Lighting
Parking Features Private
Pool None
Roof Type Metal
Lot Frontage 44.8
Lot Depth 157.5
Total Parking Spaces 8
Building
Unit Features Park,School,Hospital
Foundation Concrete Block
Others
ParcelsYN No
Virtual Tour https://youtu.be/p5C3NF70Tn0
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Listed by KELLER WILLIAMS SIGNATURE REALTY