Homes for sale - 224 MITCHELL ST, Port Colborne, ON L3K 1Y3

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Ruth Pedrosa

ruth@rpdrealestate.com +1(416) 998-5478

$ 1,050,000

Est. payment | -/mo

11 Beds

7 Baths

Save

$ 1,050,000

Est. payment | -/mo

Save

11 Beds

7 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 876 - East Village

MLS Listing ID X12510560

Style 2-Storey

Bedrooms 11

Annual Tax Amount $5,499

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Exceptional 8-Unit Multi-Property Investment /Seize this rare opportunity to own a high-performing, income-generating portfolio featuring three separate buildings across 220/224 Mitchell St. & 59 Louis St. This package includes two duplexes and one fourplex, for a total of 8 residential units with strong cash flow and future upside.224 Mitchell (Fourplex): Three fully renovated 1-bedroom units and one gutted unit approved for a 5-bedroom rooming house. With substantial income potential upon completion of the 5-bedroom unit.59 Louis (Duplex): One 1-bedroom and one bachelor unit, bringing in $1,100/month, plus added value from an on-site garage and shed.220 Mitchell (Duplex): Two 1-bedroom units, both rented at $1,250/month, totaling $2,500/month. Combined gross monthly income is $8050.00with clear value-add potential. The portfolio includes six fully renovated and tenanted units, one rented but unrenovated unit, and one gutted unit awaiting completion. All three properties have received major upgrades, including newer roofs (2015), updated windows, siding, soffits, eaves, and modernized plumbing. With seven units legally recognized by the City, this is a rare, high-yield investment offering both immediate income and long-term appreciation potential.

Location

Province ON

County Niagara

Community 876 - East Village

Area Niagara

Zoning R3

Rooms

Family Room No

Basement Partial Basement

Kitchen 6

Interior

Interior Features None

Cooling None

Exterior

Parking Features Other

Garage Spaces 2.0

Pool None

Roof Type Shingles

Lot Frontage 60.28

Lot Depth 90.0

Total Parking Spaces 4

Building

Building Age 51-99

Foundation Concrete Block

New Construction false

Others

Senior Community No

Security Features Smoke Detector

ParcelsYN No

Listed by LUXE DREAM HOME REALTY LTD.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 998-5478

ruth@rpdrealestate.com

224 MITCHELL ST Port Colborne, ON L3K 1Y3