A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 177 Erie St, Port Colborne Ontario L3K 4M5
Re-listed 11 days ago

177 Erie St, Port Colborne, Ontario L3K 4M5

Townhouse
4
2
~1500-2000 sqft
$•••,•••
$470,000
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Townhouse
4
2
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$274/sqft

Est. Mortgage$2,018/mo

Tax Amount (2024)$3,028/yr

Days On Market11 days

Total Days On Market146 days


Description

Whether you're a savvy investor or a first-time homebuyer, this fully tenanted duplex presents a versatile and rewarding opportunity. Currently generating reliable income with stable, long-term tenants in place, this property offers immediate cash flow and long-term upside for investors. Alternatively, for first-time buyers, this is your chance to step into homeownership, strategically live in one unit, and rent out the other to help offset your mortgage costs. Each self-contained unit features two bedrooms and private in-suite laundry. The main floor apartment includes exclusive access to the detached garage and the unfinished basement with solid concrete foundation walls perfect for additional storage or future development. The upper-level unit boasts a bright, open-concept layout, complete with a gas fireplace and a covered back porch that adds to its charm and tenant appeal. Both units are pet-free, well-maintained, and occupied by respectful tenants who have called the property home for several years. With tenants on month-to-month leases and each paying their own gas and hydro, utility expenses are minimized, offering more predictability in your operating budget. This is a well-rounded opportunity in a growing community, perfect for building equity while enjoying steady returns. Book your showing today and take the next step in your investment or homeownership journey.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size5,304 SqFt(134.3 x 39.5)
Parking Spaces6
MLS ®NumberX12163436
Community NameSugarloaf
Data SourceTRREB
Listing byRE/MAX GARDEN CITY REALTY INC, BROKERAGE

Features

Heating: Forced Air
Fireplace
Basement: Full

Features

Lot size: 5,304 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 5

Total parking spaces 6


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
11 days on market
history photo preview29
Listing by trreb®
Property listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE, Brokerage
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Market Data - Sugarloaf

Geo Zone Map ThumbnailSugarloaf

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

58 days

Compared to

2024

0 day

2023

0 day

2022

19 days

New Listings

Past 30 days

5 listings

Compared to

2024

1 listing

2023

4 listings

2022

0 listing

Units sold

Past 30 days

2 units

Compared to

2024

0 unit

2023

0 unit

2022

1 unit

Median Sold Price

Past 30 days

$667,425

Compared to

2022

$400,000


Population and Demographics

Overview

Total population 6158
Average household income $98,983

Age (%)

65 and plus
32%
50 to 64
22%
0 to 19
17%
35 to 49
15%
20 to 34
14%

Household composition (%)

Single family
62%
Single person
35%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
91%
French
3%
Others
2%
Italian
2%
Dutch
1%

House tenancy (%)

Owners
71%
Renters
29%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget