292 FARES Street
Port Colborne, Ontario
MLS® 40871071
$499,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40871071
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1900
1 / 39Listing description
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.
Property summary
- MLS® number
- 40871071
- Property type
- Multi-family
- Building type
- Duplex
- Size
- 1,731 sq ft
- Title
- Freehold
- Built in
- 1900
- Annual property taxes
- $2,750.35
- Parking
- 2 spaces
- Days on market
- 18 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Unfinished, Full
- Exterior features
- Aluminum siding, Vinyl siding
- Lot features
- Sump Pump
What would this home cost you?
Based on the $499,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Rock Star Real Estate Inc., Oakville.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.