344 FARES STREET, Port Colborne, Ontario
$574,800
- 3 Beds
- 3 Baths
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 (id:23309)
- Listing ID: X12185758
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 344 FARES STREET in Port Colborne Ontario. It was last modified on June 20th, 2025. Contact Klaudia Zumer to schedule a viewing or to discover other Port Colborne real estate for sale.