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$ 1,150,000
Est. payment /mo
Active
20 Erie ST Port Colborne, ON L3K 4L7
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 877 - Main Street
MLS Listing ID X12757304
Annual Tax Amount $11,179
Tax Year 2025
Property Sub-Type Investment
Property 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.
Location
State ON
County Niagara
Area Niagara
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 99.8
Lot Depth 124.44
Others
ParcelsYN No
Listed by RE/MAX PROFESSIONALS INC.
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