$664,900
224 Mitchell Street, Port Colborne, ON L3K 1Y3
East Village
East Village · L3K 1Y3
$750,000
$214 / sq ft8 months on market
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$664,900
East Village
Exceptional 8-Unit Multi-Property Investment /Seize this rare opportunity to own a high-performing, income-generating portfolio featuring three separate buildings across 220/224 Mitchell St. & 59 Louis St. This package includes two duplexes and one fourplex, for a total of 8 residential units with strong cash flow and future upside. 224 Mitchell (Fourplex): Three fully renovated 1-bedroom units and one 5 bedroom 59 Louis (Duplex): One 1-bedroom and one bachelor unit, bringing in $1,100/month, plus added value from an on-site garage and shed. 220 Mitchell (Duplex): Two 1-bedroom units, both rented at $1,250/month, totaling $2,500/month. Combined gross monthly income is $8050.00with clear value-add potential. All three properties have received major upgrades, including newer roofs (2015), updated windows, siding, soffits, eaves, and modernized plumbing.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 85% of comparable multiplex listings in Port Colborne are asking less.
Based on 20 comparable active multiplex listings in Port Colborne. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $750,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of LUXE DREAM HOME REALTY LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE