664 King Street
877 - Main Street
Port Colborne
L3K 4H8
$920,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12727224
- Bus Major:
- Other
- Photos (31)
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This newly built triplex presents an outstanding investment opportunity with strong cash flow, a favourable unit mix, and turnkey construction quality. Offering a 6.00% cap rate on entry based on conservative underwriting, the property features three spacious and well-designed units, including a premium three-bedroom, two-storey main suite with high-end finishes, contemporary design, and an impressive ~600 sq. ft. primary bedroom complete with a walk-in closet and ensuite bathrooms. The two additional units-a below-grade suite and a side-entry unit-provide functional layouts and broad rental appeal, with all units equipped with in-suite air conditioning and laundry. The property includes ample on-site parking, accommodating more than two vehicles per unit with additional space for larger vehicles or storage. Utilities are allocated through an equal-billing structure, with the main unit responsible for 50%, the side unit 30%, and the basement unit 20%, creating predictable operating costs. The asset is currently operated as an Airbnb, offering added income potential where permitted. This triplex is one half of a two-building portfolio, sharing an adjoining wall with a matching triplex next door, allowing investors the opportunity to scale with a complementary asset. Turnkey, modern, and income-producing, this is a rare chance to secure a high-quality new-build investment in a strong rental market.
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- No
- Total Area:
- 3907 sq. ft. Square Feet
- Total Area:
- 3,907 sq. ft.363 m2
- Lot Depth:
- 66'7½"20.3 m
- Lot Frontage:
- 60'8"18.5 m
- Water supply:
- Municipal
- Zoning:
- RD
- Heating type:
- Gas Forced Air Closed
- Garage:
- None
- Possession Details:
- TBD
- HST Applicable To Sale Price:
- In Addition To
- Type Taxes:
- Annual
- Taxes:
- $7,578 / 2025
- Assessment:
- $- / -
- Niagara
- Port Colborne
- 877 - Main Street
- None
- 3 Fridges, 3 Stoves
- All tenant belongings
- Utilities:
- Available
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Major Business Type:
- Other
- Category:
- Apartment
- Date Listed:
- Jan 24, 2026
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Listed by EXP REALTY
Data was last updated January 25, 2026 at 06:16 AM (UTC)
- Bosley Real Estate
- 1 (416) 322-8000
- Contact by Email
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