For Sale

177 Erie Street, Port Colborne, Ontario L3K 4M5

$449,900

177 Erie Street, Port Colborne, Ontario L3K 4M5 is For Sale and has a listing price of 449,900. The property is located in the Port Colborne neighbourhood . It's been on the website for 74 Days.

  • Duplex
    Property Type
  • 4
    Bedrooms
  • 2
    Bathrooms
  • Parking
  • MLS ID: X12163436
  • Office Name RE/MAX GARDEN CITY REALTY INC, BROKERAGE
Property Description

Whether you’re a savvy investor or a first-time homebuyer, this fully tenanted duplex presents a versatile and rewarding opportunity. Currently generating reliable income with stable, long-term tenants in place, this property offers immediate cash flow and long-term upside for investors. Alternatively, for first-time buyers, this is your chance to step into homeownership, strategically live in one unit, and rent out the other to help offset your mortgage costs. Each self-contained unit features two bedrooms and private in-suite laundry. The main floor apartment includes exclusive access to the detached garage and the unfinished basement with solid concrete foundation walls perfect for additional storage or future development. The upper-level unit boasts a bright, open-concept layout, complete with a gas fireplace and a covered back porch that adds to its charm and tenant appeal. Both units are pet-free, well-maintained, and occupied by respectful tenants who have called the property home for several years. With tenants on month-to-month leases and each paying their own gas and hydro, utility expenses are minimized, offering more predictability in your operating budget. This is a well-rounded opportunity in a growing community, perfect for building equity while enjoying steady returns. Book your showing today and take the next step in your investment or homeownership journey.

Property Details
  • Bedrooms: 4
  • MLS ID: X12163436
  • Bathrooms: 2
  • Price: $449,900
  • Lot Depth: 134.3
  • Transaction Types: For Sale
  • Ref ID: X12163436
  • Year Built: N/A
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Elm St
  • Status: Active
  • Tax Year: 2024
  • Property Type: Duplex
  • Property Type: All Houses
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
05/21/2025 X12163436 $470,000 For Sale - -
04/24/2025 X12101283 $499,900 Cancelled 04/24/2025 -
01/31/2025 X11949765 $524,900 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Port Colborne
  • $698,211 Average List Price
    based on 1 year
  • 7 New Listings
    based on 30 days
  • 77 Median Days on Market
    based on 1 year
  • List vs. Selling Price 132.15 % Up
  • Sold (12mo) 93
  • Rented (12mo) 37

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    79.56%
  • All Houses/Commercial
    0.02%
  • Commercial
    13.05%
  • Condo
    6.13%
  • Land for Sale
    1.24%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Detached
  • Parking Spaces: 6
  • Exterior Vinyl Siding
  • Kitchen 2
  • Fireplace Y
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: $3,028
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: with tenants
  • Listing Entry Date: 21/05/2025 19:32:20
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