86 Adelaide Street
878 - Sugarloaf, Port Colborne, L3K 2W5
FOR SALE
$659,900

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5
BEDROOMS3
BATHROOMS3
KITCHENS15
ROOMSX12871792
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Property Description
This is a great turnkey investment opportunity. Start earning cashflow immediately! Fully tenanted triplex in Port Colborne. Three units, each with their own entrance. 1) Front Main Floor Unit - 1 bedroom, 1 bathroom (3pc) with a nice kitchen, lots of colour and character throughout. Entrance through the covered front porch. 2) Back Main Floor Unit - 1 bedroom, 1 bathroom (4pc) with a smaller kitchen & living room space. Entrance on the back of the house, private deck as well. 3) Upper Unit - 3 bedrooms, 1 bathroom (4pc), living room, dining room and kitchen. Also has a sunroom, and an upper 3rd level loft space. This unit has two separate entrance, through the front door and exterior stairway in the back with covered balcony. The Upper Unit is heated by a gas boiler, and has it's own hydro (tenant pays heat, hydro and HWT rental). Main floor units are heated with a gas forced air furnace, shared hydro meter. Two hot water tanks, owned. Basement is full, unfinished and has joint access for laundry appliances (included). Also included is all kitchen appliances (stove x3, fridge x3, and dishwasher x1). This triplex sits on a huge lot with a double wide driveway fitting up to 6 cars. Open backyard with a storage shed, garbage storage, and a fire-pit. Great location close to Lake Erie, Sugarloaf Marina & Park, Downtown Restaurants & Shops, Library, Schools, Hospital, Public Transit, and more! This makes for an excellent long-term investment opportunity in a city that is growing rapidly in economic development and value.
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Property Features
Beach, Marina, Park, Place Of Worship, Public Transit, School, Accessory Apartment, Guest Accommodations, In-Law Suite, Separate Heating Controls, Separate Hydro Meter, Private Double, Smoke Detector
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Property Details
Address
86 Adelaide Street
Community
City
Postal Code
L3K 2W5
Property Type
Triplex, Triplex
Zoning
R4
Lot Size
66' x 165'
Taxes
$3,984 (2025
Basement
Full, Unfinished
Exterior
Deck, Porch
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Coldwell Banker Advantage Real Estate Inc, Brokerage
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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