Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X12887386

224 Mitchell Street, Port Colborne, ON L3K 1Y3

Port Colborne, ON L3K 1Y3

$664,900 Est. $2,824/mo · 20% down, 25-yr, 4.09% ↓ $34,100 (-4.9%)
11Beds
7Baths
60 × 90 ftLot
4Parking
MultiplexType

About this property

Excellent opportunity to acquire a multi-property residential investment portfolio in the growing community of Port Colborne. The offering includes three separate buildings located at 220 Mitchell St., 224 Mitchell St., and 59 Louis St., currently generating rental income from existing tenants. 220 Mitchell Street: Two tenants generating $2,500 in combined monthly rental income. 224 Mitchell Street: Currently configured with three renovated and tenanted main floor one-bedroom units plus an unfinished upstairs area. 59 Louis Street: Two dwelling units with attached garage. One unit currently generating $700 per month and one unit currently vacant. The property also features a detached garage and additional storage shed. Current combined gross monthly rental income from occupied units is $6,850. Major capital improvements across the portfolio include roof replacements (2015), updated windows, exterior siding, soffits, eavestroughs, and plumbing upgrades. Conveniently located close to amenities, parks, and the historic Welland Canal corridor.

Property Summary

Property TypeMultiplex
Square Footage5000 + sq ft
Community Name876 - East Village
Land Size60.28 x 90 ft
Age of Building100+
Annual Property Taxes$5,499.00
Tax Year2025
Parking TypeNone Garage

Building details

Bedrooms11
Bathrooms / washrooms7
Kitchens7
Property typeMultiplex
Architectural style2-Storey
Approximate age100+

Lot & land

Lot dimensions60 × 90 ft
Lot frontage60 ft
Lot depth90 ft

Interior Features

Basement FeaturesPartial Basement
Interior FeaturesNone
InclusionsN/A

Building Features

Foundation TypeConcrete Block
Style2-Storey
RoofShingles
ConstructionVinyl Siding

Building Amenities

PoolNone

Rental Equipment

Rental equipmentHot Water Tank

Heating & Cooling

CoolingNone
Heating TypeBaseboard
Heating SourceElectric

Utilities

Utility SewerSewer

Parking

Parking TypeNone Garage
Total Parking Spaces4

Taxes & fees

Annual taxes$5,499 (2025)

Listing history

On market sinceMar 16, 2026
Original list price$699,000

Location

Port Colborne, ON L3K 1Y3
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
224 Mitchell Street, Port Colborne, ON L3K 1Y3