292 FARES STREET, Port Colborne (East Village)
$499,000
For sale: Multiplex
- Property type
- Duplex
- Bedrooms / bathrooms
- 3 bedrooms, 2 bathrooms
- Living area
- 2,000 sqft
- MLS®
- MLS® X14080612
- Neighbourhood
- 876 - East Village
Discover a RARE OPPORTUNITY with this LEGAL side-by-side DUPLEX. Ideal for homeowners and investors alike, this versatile property offers TWO compelling opportunities: live comfortably in one unit while generating rental income from the other to help offset mortgage costs, OR maximize your investment potential by renting both units at current market rates. Whether you're looking to combine lifestyle with income or build long-term wealth through rental revenue, this duplex delivers the flexibility to make your property work for you. Fully compliant with city safety and occupancy standards, this duplex features above-grade units, SEPARATE HYDRO METERS, and modern finishes including carpet-free flooring and stainless steel appliances. Peace of mind comes standard with ROOF (2018), FURNACE (2021), and AIR CONDITIONER (2021). Situated in a thriving community, this property offers close proximity to local amenities, schools, and transportation-making it highly attractive to tenants and future buyers alike. Add this to your FAVORITES as the perfect blend of comfortable living and built-in rental income-an opportunity to live well while your property helps pay the way.
Sold data
Homes in Port Colborne (East Village) — recent sold market
Homes in Port Colborne (East Village) took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 70, across 64 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 66 days.
The median sale price was $467,375.
Homes sold for about 4.5% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 30% of sellers reduced their price before finding a buyer.
- Median days to sell
- 36
- Median sale price
- $467,375
- Sale-to-list ratio
- 95.5%
- Sold above asking
- 6%
Based on 64 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Port Colborne (East Village)
Port Colborne (East Village) has 10 Fraser Institute–rated schools (8 elementary and 2 secondary), averaging 6.8/10.
- Rated schools
- 10
- Elementary
- 8
- Secondary
- 2
- Average rating
- 6.8 / 10
Top-rated schools in Port Colborne (East Village)
- Steele Street — elementary, Port ColborneFraser rating 9.5/10
- Oakwood — elementary, Port ColborneFraser rating 8.8/10
- McKay — elementary, Port ColborneFraser rating 7.4/10
- St Patrick Catholic — elementary, Port ColborneFraser rating 7.3/10
- DeWitt Carter — elementary, Port ColborneFraser rating 7.1/10
- Port Colborne — secondary, Port ColborneFraser rating 6.5/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 292 FARES STREET
$449,900
Multiplex421,500–2,000 sqft125 OMER AVENUE, 877 - Main Street, Port Colborne
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Multiplex521,500–2,000 sqft632 KING STREET, 877 - Main Street, Port Colborne
$495,000
Multiplex2346 ALBANY STREET, 333 - Lakeshore, Fort Erie
$499,000
Apartment221,000–1,199 sqft502 - 118 WEST STREET, 878 - Sugarloaf, Port Colborne
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Detached321,100–1,500 sqft109 HAMPTON AVENUE, 878 - Sugarloaf, Port Colborne
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Townhouse321,100–1,500 sqft335 CHAFFEY STREET, 773 - Lincoln/Crowland, Welland
$499,000
Detached221,100–1,500 sqft24 ADELAIDE STREET, 333 - Lakeshore, Fort Erie
$495,000
Detached321,500–2,000 sqft346 ALBANY STREET, 333 - Lakeshore, Fort Erie