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This is a rare opportunity to own a purpose-built brick four-plex in Port Colborne. With strong monthly rental income of $4,995 and fully tenanted units, this property is a solid addition to any investors portfolio. Each spacious two-bedroom, one-bathroom unit is separately metered for hydro - an attractive feature for both landlords and tenants seeking privacy and cost efficiency. Recent updates include a durable metal roof and a new concrete walkway, enhancing curb appeal and long-term maintenance value. Inside, the units are bright and welcoming, with natural light streaming in from three sides. Tenants enjoy extra storage with deep hallway closets just outside each unit. Ample parking is provided with two dedicated spots per unit via a private rear laneway, plus plenty of additional street parking for guests. Located in the scenic and growing community of Port Colborne, residents have easy access to parks, marinas, and the picturesque Welland Canal - perfect for those seeking a lifestyle that blends nature and urban convenience. Whether you're looking to expand your portfolio or invest in a low-maintenance, income-generating property, this four-plex offers strong returns and long-term value.
Fridge 4x, Stoves 4x, Dishwashers 2x, ELFs, Window Coverings
City: Port Colborne
Neighborhood: Sugarloaf
Purchase Price | $1200000 |
Down Payment | $240000 |
Mortgage Insurance | $0 |
Total Mortgage | $960000 |
Mortgage Payment | $5916 |
Property Taxes | $511 |
Maintenance Fees | $0 |
Monthly Payment | $6426 |
Sold Comparables homes near 224 Clarence St, Port Colborne
Located at 224 Clarence St , this Port Colborne house is available for sale. This property was listed for $1,200,000 on Tue Jul 29 2025. This house's size is 3500-5000 Sqft. It has 8 bedrooms and 4 bathrooms. The property includes the following rooms: Kitchen, Living, Br, 2nd Br, Kitchen, Living, Br, 2nd Br, Kitchen, Living, Br, 2nd Br, Kitchen, Living, Br, 2nd Br. This property comes with 8 parking spots. 224 Clarence St, Port Colborne is situated in the Sugarloaf neighbourhood.
MLS#: X12296012 · $1,200,000 · 8 bedroom house in Sugarloaf, Port Colborne