Frontside or backside of a home, cottage for 292 Fares St, Port Colborne Ontario L3K 1W8
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A pic of a room, wood floors for 292 Fares St, Port Colborne Ontario L3K 1W8
188 days on Market

292 Fares St, Port Colborne, Ontario L3K 1W8

Townhouse
-
2
~1731 sqft
$609,000
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Townhouse
-
2
~1731 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$351/sqft

Est. Mortgage$2,615/mo

Tax Amount (2023)$3,801/yr

Days On Market188 days


Description

Are you looking for home with MORTGAGE OFFSET potential? Or looking for a property for your INVESTING portfolio? This amazing LEGAL DUPLEX could meet your NEEDS! Be confident knowing this side-by-side duplex has the city’s approval for complying with SAFETY and OCCUPANCY STANDARDS. Yes, side-by-side meaning both units are above grade. Looking for Mortgage Offset? Great! Live in one of the units with the easy to maintain carpet-free flooring, newer stainless steel appliances and benefit from MORTGAGE ASSISTANCE with income coming in from the second unit. Looking for an Investment Opportunity? Fantastic! Benefit from rental INCOME from two units and each unit having their own hydro meter. And there is more! No need to worry about having to dip into the savings account to replace roof, furnace or AC. All are relatively young…Roof (2018), Furnace (2021), and Air Conditioning (2021). This one is Favorite worthy!


Property Details

StyleResidential Income
View-
Age of property1900
SqFt~1731 SqFt
Lot Size-
Parking Spaces2
MLS ®Number40577223
Community NameThree Bridges
Data SourceITSO

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Full, Unfinished, Sump Pump

Features

Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by Rock Star Real Estate 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