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$399,900
Available - For Sale
Listing ID: X12069178
160 Fares Stre , Port Colborne, L3K 1W2, Niagara


Located just a short distance from Nickel Beach, this 2+2 bedroom duplex presents a solid investment opportunity with great potential. Each unit is separately metered for hydro and gas and includes its own hot water tank. Recent exterior updates include a newer roof and refreshed front porch. The main floor unit is heated by a 3-year-old forced air furnace, while the upper unit features brand new baseboard heaters installed this past winter. With both units currently tenanted, this income-generating property suits investors or those considering multi-unit ownership with future flexibility.
Price $399,900
Taxes: $2117.47
Assessment Year: 2024
Occupancy: Tenant
Address: 160 Fares Stre , Port Colborne, L3K 1W2, Niagara
Acreage: < .50
Directions/Cross Streets: Welland St & Nickel St
Rooms: 8
Bedrooms: 4
Bedrooms +: 0
Family Room: F
Basement: Crawl Space
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 14.99 10.86 Eat-in Kitchen
Room 2 Main Living Ro 11.32 13.87
Room 3 Main Bedroom 13.35 11.02
Room 4 Main Bedroom 2 12.6 11.35
Room 5 Second Kitchen 11.15 10.5 Eat-in Kitchen
Room 6 Second Living Ro 11.87 10.5
Room 7 Second Bedroom 10.4 10.96
Room 8 Second Bedroom 2 10.89 9.54
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Second
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Duplex
Style: 1 1/2 Storey
Exterior: Vinyl Siding
Garage Type: Detached
Drive Parking Spaces: 4
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $19,995 $39,990 $59,985 $79,980
First Mortgage $379,905 $359,910 $339,915 $319,920
CMHC/GE $15,196.2 $11,157.21 $9,517.62 $0
Total Financing $395,101.2 $371,067.21 $349,432.62 $319,920
Monthly P&I $1,949.75 $1,831.15 $1,724.39 $1,578.75
Expenses $0 $0 $0 $0
Total Payment $1,949.75 $1,831.15 $1,724.39 $1,578.75
Income Required $73,115.74 $68,668.11 $64,664.5 $59,203.03

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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At a Glance:
Type: Freehold - Duplex
Area: Niagara
Municipality: Port Colborne
Neighbourhood: 876 - East Village
Style: 1 1/2 Storey
Lot Size: x 140.40(Feet)
Approximate Age: 51-99
Tax: $2,117.47
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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