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This exceptional property offers four spacious suites; two in the front building - both equipped with 2 beds + 1 bath.. and two units in the rear - both equipped with 1 bed + 1 bath. With three units vacant at closing, you'll have the opportunity to select your tenants and achieve premium market rents, with a potential yearly income of up to $70,000+ once the vacancies are filled. The tenanted unit rent being collected is $1645.00 monthly. Each suite is equipped with separate hydro and water meters, and sub-meters are installed, leaving only gas expenses for the landlord. Tenants benefit from ample off-street and street parking, as well as convenient on-site laundry facilities.Located in a highly desirable area with affordable property taxes, strong rental demand, and low vacancy rates, 129 Durham St represents a prime investment opportunity. The property sits in the picturesque city of Port Colborne, offering residents easy access to marinas, parks, and the scenic Welland Canal making it a highly attractive location for tenants seeking a balanced, active lifestyle. Recent improvements include a new furnace for units 3 and 4 (2022/2023) + new furnace for units 1 & 2 (2025), along with upgraded windows, roof, soffits, eavestroughs, and gutters. Additional cosmetic enhancements include newly installed interior and exterior doors, as well as modernized kitchens. With excellent insulation and thoughtful upgrades throughout, this property is both efficient and low-maintenance, offering long-term value for savvy investors.
City: Port Colborne
Neighborhood: East Village
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
May 26, 2025 | 31 | $669,990 | N/A | Terminated | X12173331 |
Apr 13, 2025 | 40 | $689,000 | N/A | Terminated | X12080125 |
Mar 22, 2025 | 20 | $710,000 | N/A | Terminated | X12036991 |
Sep 12, 2023 | 30 | $599,900 | $590,000 | Sold | X7001462 |
Jul 11, 2023 | 16 | $624,900 | N/A | Terminated | X6656058 |
Jun 1, 2023 | 40 | $624,900 | N/A | Terminated | X6089472 |
May 8, 2023 | 24 | $634,900 | N/A | Terminated | X5965600 |
Apr 17, 2023 | 22 | $649,900 | N/A | Terminated | X6034373 |
Oct 12, 2022 | 15 | $299,900 | N/A | Terminated | X5792938 |
Apr 6, 2022 | 23 | $349,900 | $340,000 | Sold | X5568554 |
Purchase Price | $649000 |
Down Payment | $129800 |
Mortgage Insurance | $0 |
Total Mortgage | $519200 |
Mortgage Payment | $3199 |
Property Taxes | $178 |
Maintenance Fees | $0 |
Monthly Payment | $3378 |
Located at 129 Durham St , this Port Colborne house is available for sale. This property was listed for $649,000 on Sat Jun 28 2025. This house's size is 1500-2000 Sqft. It has 6 bedrooms and 4 bathrooms. The property includes the following rooms: Laundry, Living, Br, Living, Br, Kitchen, Kitchen, Br, Br, Kitchen, Living, Br, Br. This property comes with 4 parking spots. 129 Durham St, Port Colborne is situated in the East Village neighbourhood.
MLS#: X12251561 · $649,000 · 6 bedroom house in East Village, Port Colborne