Niagara House of the Week: Port Colborne duplex has income-earning potential

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Published August 25, 2023 at 4:39 pm

This place: It’s two houses in one! This duplex has a two-bedroom, one-bathroom unit on the lower level with a one-bedroom, one-bathroom unit up on the second floor.

Price: $699,900

Address: 187 Erie St

Neighbourhood: King St. neighbourhood

Big selling point: Freshly renovated, vacant and cleaned main/ground level unit ready to be rented at the market rate. Great sized back yard, plenty of green space to enjoy.

Features

  • Move in one unit and have the other unit pay part of your mortgage or rent both units.
  • The ground unit has a nice front porch, the upper unit has a separate deck
  • The upper unit is accessed separately from the stairs at the back
  • A large driveway with space for three cars
  • Close to numerous wineries and craft breweries
  • Laundry is shared

 The numbers:  

  • Property taxes – $2,700/year
  • 30 minutes from downtown Niagara Fall
  • 25 drive to Peace Bridge in Fort Erie
  • 2 storey
  • 3 car parking
  • 33 foot by 132 foot lot

Thanks to Sam McDadi Real Estate Inc. Brokerage for all information about the House of the Week. For more information about this house, please visit Sam McDadi Real Estate Inc. Brokerage.


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