Home with brick exterior material, street for 129 Durham St, Port Colborne Ontario L3K 1E1
9 days on Market

129 Durham St, Port Colborne, Ontario L3K 1E1

Townhouse
6
4
- sqft
$710,000
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Townhouse
6
4
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,049/mo

Tax Amount (2024)$3,900/yr

Days On Market9 days


Description

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 income of up to $68,000+ 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.


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size2,754 SqFt(88.84 x 31)
Parking Spaces4
MLS ®NumberX12036991
Community NameThree Bridges
Data SourceTRREB
Listing byREVEL Realty Inc., Brokerage

Features

Heating: Forced Air
Cooling: Central Air

2nd Floor

Kitchen

0.0 x 0.0

Living

0.0 x 0.0

Br

0.0 x 0.0

3 Pc Bath

Kitchen

0.0 x 0.0


Features

Lot size: 2,754 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by REVEL Realty Inc., 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