$515,000
Est. payment $2,280/moCalculate yours
223 Main Street W, Port Colborne, ON L3K 3V7
877 - Main Street, Port Colborne, ON L3K 3V7
- 4 Beds
- 3 Baths
- 2,000 Sq Ft
Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC. MLS® X13582758
About this home
This is an incredible prime opportunity to own a well built triplex in a convenient & desirable downtown location in Port Colborne. Situated in a High Traffic area on revitalized Main St W, this property offers the perfect balance of comfort and convenience, making it an ideal investment with good cash flow opportunity or multi-family property. This charming triplex features a 1 bedroom and a 2 bedroom unit on the main floor and a 1 bedroom unit upstairs. Each comes with their own classic character. Kitchens are well-equipped and bedrooms are spacious. Each Separately metered and 2 hot water tanks providing added privacy and efficiency for the tenants. The shared outdoor space adds appeal. The thoughtful layout includes separate entrances allowing for privacy and separation within each unit. Basement has its own door which can be shared for storage and laundry facilities. With a large front picture window, the front air conditioned 1 bedroom unit can be converted to a commercial space. In addition, the property provides 8 parking spots ensuring that residents and visitors have no trouble finding space. Whether you’re looking to add to your real estate portfolio or enjoy a peaceful living environment with rental income potential, this purpose built triplex offers great value in a fantastic location. One unit currently tenanted, this triplex is a reliable income-generating asset. The property’s potential cash flow makes it an ideal choice for investors seeking a stable and lucrative addition. Don’t miss this opportunity to secure a property that merges timeless appeal with strong rental potential. Builders & developers take note: the city permits additional units to be built determined by how many parking there are. Only minutes away from local beaches, shopping, & restaurants, this unique property offers an opportunity that can’t be missed. Independent Addresses: 219, 221 and 223 Main St W.
Property details
Overview
- Property Type
- Triplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 2,000 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Unfinished
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Central Air
- Exterior
- Brick Front, Vinyl Siding
- Foundation
- Block
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 35.08 x 179.59 Feet
- Parking
- None garage · 8 total
- Zoning
- CC
Financial
- Property Taxes
- $3,767 (2025)
Location
- Neighbourhood
- 877 - Main Street
- Cross Street
- Main St W and King St
- Direction Faces
- North
Listing
- MLS® Number
- X13582758
- Days on Market
- 90
- Listed On
- 2026-07-20
- Listed By
- CENTURY 21 LEADING EDGE REALTY INC.
Rooms
Features
Interior
- Separate Hydro Meter
Property
- Place Of Worship
- Public Transit
- School
Pool
- None
- Included
- 3 Fridges, 3 stoves, air conditioner for the front unit only
- Rental items
- 2 hot water tanks (if applicable)
Mortgage calculator
Estimated mortgage payment
$2,280 per month
- Principal and interest
- $2,280
- Property tax
- $314
- Condo fees
- $0
- Estimated monthly cost
- $2,594
Your mortgage
- Mortgage amount
- $412,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $272,093
Cash to close
- Down payment
- $103,000
- Land transfer tax
- $6,775
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $109,775
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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