Homes for sale - 344 Fares ST, Port Colborne, ON L3K 1X1

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Nahrin Ashourmaram

nahrin.ashourmaram@theagencyre.com +1(647) 894-1221

$ 574,800

Est. payment | -/mo

3 Beds

3 Baths

Save

$ 574,800

Est. payment | -/mo

Save

3 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 875 - Killaly East

MLS Listing ID X12185758

Style 2-Storey

Bedrooms 3

Annual Tax Amount $3,546

Tax Year 2024

Property Sub-Type Duplex

Property Description

CASH-FLOWING LEGAL DUPLEX WITH GARAGE, UPGRADES & PRIME LOCATION!A rare opportunity to own a fully separated, side-by-side legal duplex in a great Port Colborne neighborhood ideal for investors or live-in landlords seeking steady income and long-term upside.-Unit A (rented at $1,900/month + utilities):A spacious 2-storey, 2 bed, 2 bath unit featuring a bright eat-in kitchen, oversized living room, attached double-car garage, two-car drive way, private basement with laundry, central air, central vacuum, and a 4-piece bath.-Unit B (vacant market rent $1,400/month):A 1-bedroom bungalow with an open-concept kitchen/living area, 3-piece bath, large bedroom, private basement with laundry hookups, separate driveway off Alma, central vacuum, dedicated A/C unit, and newly added electric baseboard heating for fully independent climate control. The dry, oversized basement holds potential to create an additional living space in both units.-Extensive cosmetic renovations completed post-purchase, enhancing the layout, finishing, and overall appeal throughout.-Separate hydro meters already in place. After purchase, Unit Bs heating was upgraded to electric baseboards, eliminating landlord-paid gas bills and making utilities fully tenant-controlled.-Newer roof, furnace, windows, and A/C big-ticket items already handled.-Current tenants in Unit A have never missed a payment, are wonderful people, and wish to stay.-Tenants take care of exterior maintenance a hands-off setup for the new owner. Investor ROI sheet available upon request. Located in Port Colborne's desirable Killaly St E area, close to everything that matters: Nearby amenities include: De Witt Carter Public School & Lakeshore Catholic High School Nickel Beach, Friendship Trail, and HH Knoll Lakeview Park Port Colborne Historical & Marine Museum, Vale Centre, and Canal Days Festival

Location

State ON

County Niagara

Community 875 - Killaly East

Area Niagara

Rooms

Family Room Yes

Basement Full, Development Potential

Kitchen 2

Interior

Interior Features Central Vacuum, Water Heater

Cooling Central Air

Fireplace No

Heat Source Electric

Exterior

Exterior Feature Awnings, Porch Enclosed

Parking Features Private, Private Double

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 100.0

Lot Depth 59.5

Total Parking Spaces 7

Building

Unit Features Place Of Worship,Public Transit,School Bus Route

Foundation Poured Concrete

Others

Security Features Smoke Detector

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 894-1221

nahrin.ashourmaram@theagencyre.com

378 Fairlawn Ave, Toronto, ON, M5M 1T8, CAN

344 Fares ST Port Colborne, ON L3K 1X1