129 Durham Street, Port Colborne | Image 1

129 Durham Street

Port Colborne

  • - bed - bath - sqft
$XXX,XXX Listed: $XXX,XXX
Sold

Sold on Oct 12, 2023

Note: Property is not currently for sale or for rent.

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  • Type: Triplex

  • Style: 2-Storey

  • Size: 2000 sqft

  • Lot Size: 31 x 88 Feet

  • Age: 51-99 years

  • Taxes: $1,355 per year

  • Days on Site: 30 Days

  • Added: Sep 12, 2023 (4 weeks on market)

  • Updated:

  • Last Checked: 9 hours ago

  • MLS®#: X7001462

  • Listed By: Re/max escarpment realty inc.

This property offers four suites, two in the front structure and two in the back, all currently vacant, allowing you to choose your tenants and secure top-market rent near the 1% rule with a potential NOI of $50,000 upon filling vacant units. Each suite has separate meters for hydro and water, with sub-meters installed, leaving only gas expenses to the landlord. Tenants benefit from ample off-street and street parking options. Shared laundry facilities are available on-premise for added convenience. Located in an area with affordable property taxes, strong rental demand, and low vacancy rates, 129 Durham St provides a practical investment opportunity. The charming city of Port Colborne offers residents easy access to marinas, parks, and the Welland Canal, making it an appealing choice for tenants seeking a well-balanced lifestyle. Capital improvements made in 2022/2023 include a new furnace for units 3 & 4 in the back structure, new windows, roof, soffit, eavestrough, and gutters.

Extras

The front structure's roof remains in excellent condition. The property is insulated and features sub-meters for hydro and water. Further cosmetic enhancements in 2022/2023 include new interior and exterior drs, contemporary kitchens..

Status

  • Days on Market: 30

  • Last Status: Sold

  • Sold Date: Oct 12, 2023

  • Closed Date: Nov 16, 2023

  • Expiry Date: Dec 31, 2023

  • Sold Price: $590,000

  • Unavailable Date: Oct 16, 2023

  • Input Date: Sep 14, 2023

  • Prior LSC: Listing with no contract changes

Property

  • Status: Sale

  • Property Type: Triplex

  • Style: 2-Storey

  • Size (sq ft): 2000

  • Age: 51-99

  • Area: Port Colborne

  • Availability Date: IMMEDIATE

Inside

  • Bedrooms: 6

  • Bathrooms: 3

  • Kitchens: 3

  • Rooms: 12

  • Den/Family Room: Yes

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 3

Building

  • Basement: None

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Vinyl Siding

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Pvt Double

  • Garage Type: None

  • Covered Parking Spaces: 4

  • Total Parking Spaces: 4

Fees

  • Tax Year: 2022

  • Tax Legal Description: PT LT 1 PL 856 PORT COLBORNE AS IN RO548952; PORT

  • Taxes: $1,355

Land

  • Cross Street: Welland St/Durham St

  • Municipality District: Port Colborne

  • Fronting On: South

  • Parcel Number: 641640091

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 88 Feet

  • Lot Frontage: 31 Feet

  • Acres: < .50

  • Zoning: R4

Rooms

Room details for 129 Durham Street, Port Colborne

Type Dimensions
Kitchen Main -
Bathroom Main -
Br Main -
Living Main -
Kitchen 2nd -
Bathroom 2nd -
Br 2nd -
Living 2nd -
Kitchen 2nd -
Bathroom 2nd -
Br 2nd -
Living 2nd -
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Very Walkable

  • Most errands can be accomplished on foot.
71 /100

Very Bikeable

  • Most errands can be accomplished on bike.
76 /100
Map of 129 Durham Street, Port Colborne
JK-8

ÉÉC Saint-Joseph

Elementary: Catholic
1.03 km
JK-8

Steele Street Public School

Elementary: Public
1.33 km
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St Therese Catholic Elementary School

Elementary: Catholic
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DeWitt Carter Public School

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St John Bosco Catholic Elementary School

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McKay Public School

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École secondaire Confédération

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Eastdale Secondary School

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Centennial Secondary School

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13.23 km
Pre-Grade 9-12

Lakeshore Catholic High School

Secondary: Catholic
1.03 km
Pre-Grade 9-12

Notre Dame College School

Secondary: Catholic
12.61 km

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