98 St Arnaud Street
875 - Killaly East, Port Colborne, L3K 1M1
FOR SALE
$550,000
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5
BEDROOMS 3
BATHROOMS 3
KITCHENS 14
ROOMS X13205382
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Property Description
This property features three separate units, offering flexibility for a variety of living arrangements. Whether you are looking for a multi-generational home, an income-generating investment, or a combination of both, this triplex provides excellent potential. The property includes one 3-bedroom unit and two 1-bedroom units, with existing tenants in place to help provide immediate income and financial stability. Located in a well-established neighbourhood close to the canal, nearby schools including DeWitt Carter and Lakeshore Catholic, and convenient access to Highway 140 and Highway 3.With new development happening nearby around Welland Street and the Clarence Street Bridge, this is a great opportunity to add to your real estate portfolio, make improvements at your own pace, and benefit from future potential.
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Property Features
Beach, Golf, Park, School Bus Route, Rec./Commun.Centre, Lake/Pond, Other, Private
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Property Details
Address
98 St Arnaud Street
Community
City
Postal Code
L3K 1M1
Property Type
Triplex, Triplex
Zoning
R2
Lot Size
30' x 199'
Taxes
$3,146 (2026
Basement
Full, Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
Detached
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Listing contracted with Re/Max Niagara Realty Ltd, Brokerage
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.
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