292 Fares Street, Port Colborne, ON L3K 1W8
East Village · L3K 1W8
$499,000
$333 / sq ft3 weeks on market
- Bedrooms
- 2+1
- Bathrooms
- 2
- Interior
- 1,500 sf
- Parking
- 2
- Lot
- 39.09 × 0 ft
What's special
- 2 parking spaces
- Central air
- Finished basement
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.
Features
- None
Property details
Property
- Property type
- multiplex
- Bedrooms
- 2 + 1
- Bathrooms
- 2
- Interior size
- 1,500 sq ft
- Possession
- Flexible
Interior
- Basement
- Unfinished, Full
- Heating
- Forced Air · Gas
- Cooling
- Central Air
- Exposure
- West
Exterior & services
- Construction
- Vinyl Siding, Aluminum Siding
- Parking spaces
- 2
- Sewer
- Sewer
Costs
- List price
- $499,000
- Property taxes
- $2,750 / year (2026)
- Price per sq ft
- $333
- Rental items
- Hot Water Heater
Listing
- MLS® number
- X14080612
- Status
- For sale
- Listed
- October 15, 2026
- Days on market
- 21
- Last updated
- October 19, 2026
- Listing brokerage
- ROCK STAR REAL ESTATE INC.
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced below most comparable listings — about 23% of comparable multiplex listings in Port Colborne are asking less.
- This home
- $333 / sq ft
- Comparable median
- $300 / sq ft
Based on 13 comparable active multiplex listings in Port Colborne. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $2,621.10
- Property tax (est.)
- $229.20
- Estimated monthly
- $2,850
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $6,455
- Total due on closing
- $6,455
An estimate on the asking price of $499,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROCK STAR REAL ESTATE INC.. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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