Home with brick exterior material, street for 12 Nickel St, Port Colborne Ontario L3K 1A9
1 day on Market

12 Nickel St, Port Colborne, Ontario L3K 1A9

Townhouse
5
3
~1100-1500 sqft
$550,000
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Townhouse
5
3
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$433/sqft

Est. Mortgage$2,362/mo

Tax Amount (2024)$2,059/yr

Days On Market1 day


Description

INCREDIBLE INVESTMENT OPPORTUNITY! This updated triplex is the perfect cash-flow property to add to your portfolio. Once fully tenanted, it will generate over $50,000 in annual rental income! With projected rents of $1,800 for the main unit, $1,700 for the upper unit, and $1,000 for the lower unit, the total rental income reaches $54,000 per year. At $550,000 with operating expenses of just $10,000 per year, this triplex boasts an impressive 8.00% CAP rate - a fantastic opportunity for investors seeking strong returns! Three Separate Units - Upper Unit (Rented): Spacious 3-bedroom + den, full kitchen, 4-piece bathroom, living room, and private balcony. Main Floor Unit: Bright 2-bedroom layout, full kitchen, living room, and 4-piece bathroom. Lower Unit: Open-concept studio with a full kitchen, living area, and dining space. Separate Entrances & Meters for each unit. Shared Laundry for tenant convenience. Double-Wide Driveway providing ample parking. Whether you're an investor looking for solid cash flow or an owner-occupant seeking mortgage assistance, this high-potential property is a must-see. Don't miss out schedule a viewing today!


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~1100-1500 SqFt
Lot Size2,970 SqFt(66 x 45)
Parking Spaces4
MLS ®NumberX12053122
Community NameThree Bridges
Data SourceTRREB
Listing byRE/MAX NIAGARA REALTY LTD, BROKERAGE

Features

Heating: Radiant
Basement: Finished, Sep Entrance

Upper Floor

Primary

2.52 x 2.85

Living

3.58 x 3.04

Bathroom

1.36 x 2.75

Kitchen

2.07 x 2.9


Features

Lot size: 2,970 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Apr 1, 2025
ListedActive
$550,000
1 day on market
history photo preview30
Listing by trreb®
Property listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE, Brokerage
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Population and Demographics

Overview

Total population 4994
Average household income $86,402

Age (%)

50 to 64
24%
65 and plus
23%
0 to 19
19%
20 to 34
18%
35 to 49
17%

Household composition (%)

Single family
55%
Single person
40%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
89%
French
5%
Others
3%
Italian
2%

House tenancy (%)

Owners
60%
Renters
40%

Schools and amenities

Estimated Budget