344 Fares St

Port Colborne, ON L3K 1X1
  • $564,800

    Price
  • 3

    Bed
  • 3

    Bath
  • 1,500

    SqFt

About the Listing 205200 -

CASH-FLOWING LEGAL DUPLEX WITH GARAGE, UPGRADES & PRIME LOCATION! A rare opportunity to own a fully separated, side-by-side legal duplex in a great Port Colborne neighbourhood- ideal for investors or live-in landlords seeking steady income and long-term upside. -Unit A (rented at $1,998.75/month + utilities): A spacious 2-storey, 2 bed, 2 bath unit featuring a bright eat-in kitchen, oversized living room, attached double-car garage, two-car drive way, private basement with laundry, central air, central vacuum, and a 4-piece bath.-Unit B (vacant market rent $1,500/month):A 1-bedroom bungalow with an open-concept kitchen/living area, 3-piece bath, large bedroom, private basement with laundry hookups, separate driveway off Alma, central vacuum, dedicated A/C unit, and newly added electric baseboard heating for fully independent climate control. The dry, oversized basement holds potential to create an additional living space in both units. -Extensive cosmetic renovations completed post-purchase, enhancing the enhancing the layout, finishing's, and overall appeal throughout.-Separate hydro meters already in place. After purchase, Unit B's heating was upgraded to electric baseboards, eliminating landlord-paid gas bills and making utilities fully tenant-controlled. -Newer roof, furnace, windows, and A/C - big-ticket items are already handled. Current tenants in Unit A have never missed a payment, are wonderful people, and wish to stay.-Tenants take care of exterior maintenance a hands-off setup for the new owner. Investor ROI sheet available upon request. Located in Port Colborne's desirable Killaly St E area, close to everything that matters: Nearby amenities include: De Witt Carter Public School & Lakeshore Catholic High School Nickel Beach, Friendship Trail, and HH Knoll Lakeview Park Port Colborne Historical & Marine Museum, Vale Centre, and Canal Days Festival. Downtown shops, cafes, and restaurants just minutes away

Listing Highlights

Status Pending
Days on Site 43
Property Type Multi-Family
MLS ® X12596776
Year Built
Total Square Footage 1,500
Lot/Acreage N/A

Interior Details

  • Bedrooms: 3
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Full,Development Potential
  • Other: Central Vacuum
  • Water:

Exterior Details

  • Garage Capacity: 2 car
  • Roof: Asphalt Shingle
  • Others: Awnings,Porch Enclosed
  • Sewer: Sewer
  • Parking Features: Private,Private Double,Attached

Financial Details

  • Tax Amount: $4,041
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 641550027
  • Tax Year: 2025

Payment Calculator

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344 Fares St Port Colborne, ON L3K 1X1

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