For Sale

344 Fares Street, Port Colborne, Ontario L3K 1X1

$564,800

344 Fares Street, Port Colborne, Ontario L3K 1X1 is For Sale and has a listing price of 564,800. The property is located in the Port Colborne neighbourhood . It's been on the website for 3 Days.

  • Duplex
    Property Type
  • 3
    Bedrooms
  • 3
    Bathrooms
  • Parking
  • MLS ID: X12596776
  • Office Name KELLER WILLIAMS REFERRED URBAN REALTY
Property Description

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 neighbourhood- ideal for investors or live-in landlords seeking steady income and long-term upside. -Unit A (rented at $1,900/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 enhancing the layout, finishings, and overall appeal throughout.-Separate hydro meters already in place. After purchase, Unit B’s 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 are 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. Downtown shops, cafes, and restaurants just minutes away

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12596776
  • Price: $564,800
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 59.5
  • Ref ID: X12596776
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Alma and Fares
  • Status: Active
  • Tax Year: 2025
  • Property Type: Duplex
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
12/03/2025 X12596776 $564,800 For Sale - -
05/30/2025 X12185758 $574,800 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Port Colborne
  • $707,564 Average List Price
    based on 1 year
  • 57 New Listings
    based on 30 days
  • 63 Median Days on Market
    based on 1 year
  • List vs. Selling Price 131.89 % Up
  • Sold (12mo) 267
  • Rented (12mo) 49

  • 1 Month Change -66.3%
  • 3 Month Change -36.5%
  • 6 Month Change -56.8%
Walkscore
Additional Details
  • Heat Type Baseboard
  • Heat Source Electric
  • Style 2-storey
  • Washroom Type1: 1
  • Central Vac Y
  • Garage Type Attached
  • Parking Spaces: 5
  • Exterior Vinyl Siding
  • Kitchen 2
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 2
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Taxes: $4,041
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 03/12/2025 14:07:28
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