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177 Erie Street Image 1

$470,000

May 21Duplex For Sale
bedrooms4bed
washrooms8bath
MLS - #X12163436

177 Erie Street, Port Colborne, ON L3K 4M5

2
Similar Homes Found
$549,450
Average Price
-14.5%
Lower than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Duplex

Lot size

N/A

Style

2-Storey

Approx. Area

N/A

About 177 Erie Street

Whether you're a savvy investor or a first-time homebuyer, this fully tenanted duplex presents a versatile and rewarding opportunity. Currently generating reliable income with stable, long-term tenants in place, this property offers immediate cash flow and long-term upside for investors. Alternatively, for first-time buyers, this is your chance to step into homeownership, strategically live in one unit, and rent out the other to help offset your mortgage costs. Each self-contained unit features two bedrooms and private in-suite laundry. The main floor apartment includes exclusive access to the detached garage and the unfinished basement with solid concrete foundation walls perfect for additional storage or future development. The upper-level unit boasts a bright, open-concept layout, complete with a gas fireplace and a covered back porch that adds to its charm and tenant appeal. Both units are pet-free, well-maintained, and occupied by respectful tenants who have called the property home for several years. With tenants on month-to-month leases and each paying their own gas and hydro, utility expenses are minimized, offering more predictability in your operating budget. This is a well-rounded opportunity in a growing community, perfect for building equity while enjoying steady returns. Book your showing today and take the next step in your investment or homeownership journey.

Home Overview

Last updated

May 21

Virtual tour

None

Basement information

Full

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

2024

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Additional Details

Basement:Full
Cooling:None
Heating:Forced Air
Parking Features:Private Double

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 177 Erie Street

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