344 Fares Street Port Colborne (Killaly East), Ontario L3K 1X1
$574,800
CASH-FLOWING LEGAL DUPLEX WITH GARAGE, UPGRADES & PRIME LOCATION!A rare opportunity to own a fully separated, side-by-side legal duplex in a great Port Colborne neighborhood ideal for investors or live-in landlords seeking steady income and long-term upside.-Unit A (rented at $1,998/month + utilities):A spacious 2-storey, 2 bed, 2 bath unit featuring a bright eat-in kitchen, oversized living room, attached double-car garage, two-car drive way, private basement with laundry, central air, central vacuum, and a 4-piece bath.-Unit B (vacant market rent $1,400/month):A 1-bedroom bungalow with an open-concept kitchen/living area, 3-piece bath, large bedroom, private basement with laundry hookups, separate driveway off Alma, central vacuum, dedicated A/C unit, and newly added electric baseboard heating for fully independent climate control. The dry, oversized basement holds potential to create an additional living space in both units.-Extensive cosmetic renovations completed post-purchase, enhancing the layout, finishing, and overall appeal throughout.-Separate hydro meters already in place. After purchase, Unit Bs heating was upgraded to electric baseboards, eliminating landlord-paid gas bills and making utilities fully tenant-controlled.-Newer roof, furnace, windows, and A/C big-ticket items already handled.-Current tenants in Unit A have never missed a payment, are wonderful people, and wish to stay.-Tenants take care of exterior maintenance a hands-off setup for the new owner. Investor ROI sheet available upon request. Located in Port Colborne's desirable Killaly St E area, close to everything that matters: Nearby amenities include: De Witt Carter Public School & Lakeshore Catholic High School Nickel Beach, Friendship Trail, and HH Knoll Lakeview Park Port Colborne Historical & Marine Museum, Vale Centre, and Canal Days Festival (id:41954)
Property Details
| MLS® Number | X12185758 |
| Property Type | Multi-family |
| Community Name | 875 - Killaly East |
| Amenities Near By | Place Of Worship, Public Transit |
| Community Features | School Bus |
| Features | Wheelchair Access |
| Parking Space Total | 7 |
| Structure | Porch |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Appliances | Central Vacuum, Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Type | Full |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding, Concrete |
| Fire Protection | Smoke Detectors |
| Flooring Type | Laminate, Tile |
| Foundation Type | Poured Concrete |
| Half Bath Total | 1 |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 1500 - 2000 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Land Amenities | Place Of Worship, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 59 Ft ,6 In |
| Size Frontage | 100 Ft |
| Size Irregular | 100 X 59.5 Ft |
| Size Total Text | 100 X 59.5 Ft|under 1/2 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.96 m | 4.57 m | 3.96 m x 4.57 m |
| Second Level | Bedroom | 3.35 m | 4.27 m | 3.35 m x 4.27 m |
| Second Level | Loft | 3.35 m | 5.18 m | 3.35 m x 5.18 m |
| Main Level | Family Room | 5.79 m | 4.57 m | 5.79 m x 4.57 m |
| Main Level | Family Room | 3.66 m | 3.35 m | 3.66 m x 3.35 m |
| Main Level | Bathroom | 2.13 m | 3.05 m | 2.13 m x 3.05 m |
| Main Level | Bathroom | 2.13 m | 3.05 m | 2.13 m x 3.05 m |
| Main Level | Bedroom | 3.96 m | 3.35 m | 3.96 m x 3.35 m |
| Main Level | Kitchen | 3.96 m | 4.57 m | 3.96 m x 4.57 m |
| Main Level | Kitchen | 3.05 m | 2.13 m | 3.05 m x 2.13 m |
Interested?
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June 25 2025 09:54:52
Toronto Real Estate Board
Keller Williams Referred Urban Realty