$499,800
For sale: Multiplex

Take advantage of this unique mixed-use investment opportunity in Port Colborne. This property features a fully functional laundromat with reliable equipment, 4 residential units, and recent fire inspection for peace of mind. Additionally, this property offers parking for two vehicles and two outdoor storage boxes for tenant storage.Whether you're an investor seeking dual income streams or an owner-operator looking to live on-site and manage the business, this property delivers versatility, location (a quick walk to Nickle Beach), and a vacant 3 bedroom unit, allowing you to set your own rent or move in yourself.
Sold data
Homes in Port Colborne (East Village) took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 66, across 72 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.
The median sale price was $474,950.
Homes sold for about 4.1% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 72 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
Port Colborne (East Village) has 10 Fraser Institute–rated schools (8 elementary and 2 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$500,000
MultiplexA - B - 102 ELM STREET N, 878 - Sugarloaf, Port Colborne

$499,900
Detached9 BEECH STREET, 877 - Main Street, Port Colborne

$499,000
Townhouse797 BURWELL STREET, 333 - Lakeshore, Fort Erie

$499,000
Detached355 BERNARD AVENUE, 335 - Ridgeway, Fort Erie

$489,900
Townhouse801 BURWELL STREET, 333 - Lakeshore, Fort Erie

$512,000
Vacant LandV/L AVONDALE & RADISSON, Windsor

$549,999
Other675 KING STREET, 877 - Main Street, Port Colborne

$499,000
Other77-81 JARVIS STREET, 332 - Central, Fort Erie