292 Fares Street

Port Colborne, ONMulti-family
$499,000
MLS® X14080612
Multi-family3 beds2 baths2 total
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About This Property

Discover a RARE OPPORTUNITY with this LEGAL side-by-side DUPLEX. Ideal for homeowners and investors alike, this versatile property offers TWO compelling opportunities: live comfortably in one unit while generating rental income from the other to help offset mortgage costs, OR maximize your investment potential by renting both units at current market rates. Whether you're looking to combine lifestyle with income or build long-term wealth through rental revenue, this duplex delivers the flexibility to make your property work for you. Fully compliant with city safety and occupancy standards, this duplex features above-grade units, SEPARATE HYDRO METERS, and modern finishes including carpet-free flooring and stainless steel appliances. Peace of mind comes standard with ROOF (2018), FURNACE (2021), and AIR CONDITIONER (2021). Situated in a thriving community, this property offers close proximity to local amenities, schools, and transportation-making it highly attractive to tenants and future buyers alike. Add this to your FAVORITES as the perfect blend of comfortable living and built-in rental income-an opportunity to live well while your property helps pay the way. (id:63604)

Key Facts

Type
Multi-family
Beds
3
Baths
2
Size
1,500 sqft
Lot
39.1 FT
Parking
2 total

Highlights

  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer
Property Details 15 details
Bedrooms
3 bedrooms
2 above grade + 1 below grade
Bathrooms
2 bathrooms
Parking
2 parking spaces
No Garage
Living area
1,500 - 2,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Duplex
Attached status
Attached
Storeys
2
Basement
Unfinished, Full
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
39.1 FT
Frontage
39.10 feet
Taxes
$2,750.35 (2,025)
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorDishwasherStoveDryer

Exterior features

Aluminum sidingVinyl sidingStoneBlockPoured Concrete
Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$499,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
East Village
City
Port Colborne
Postal code
L3K 1W8
Nearby
Cross Streets: Fares St & Durham St. ** Directions: East of Welland St; south of Durham St.
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