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20 Erie Street Port Colborne (Main Street), Ontario L3K 4L7

6634 sqft
Partially Air Conditioned Other

$1,150,000

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 15 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. (id:56889)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X12757304
Property Type Multi-family
Community Name 877 - Main Street

Building

Cooling Type Partially Air Conditioned
Heating Type Other
Size Interior 6634 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 124 Ft ,5 In
Size Frontage 99 Ft ,9 In
Size Irregular 99.8 X 124.44 Ft
Size Total Text 99.8 X 124.44 Ft
Zoning Description Cp

https://www.realtor.ca/real-estate/29323207/20-erie-street-port-colborne-main-street-877-main-street


RE/MAX PROFESSIONALS INC.
4242 Dundas St W Unit 9
Toronto, Ontario M8X 1Y6

(416) 236-1241
(416) 231-0563

SHAZIA VIRANI
Broker

(416) 236-1241
RE/MAX PROFESSIONALS INC.
4242 Dundas St W Unit 9
Toronto, Ontario M8X 1Y6

(416) 236-1241
(416) 231-0563

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