368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

224 Mitchell Street, Port Colborne, ON L3K 1Y3

$699,000
  • Sale
  • Multiplex
  • 63 days ago
  • Updated: 2026-05-02

Property Overview

Property Type
Multiplex
Bedrooms
11
Bathrooms
7
Garage
2
Size
N/A
Age
100+
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.

Key Details

  • X12887386
  • 2
  • $699,000
  • Tenant
  • None
  • 7 + 7
  • 2-Storey
  • 11
  • 7
  • 5000 + Sqft
  • N/A SquareFeet
  • 100+
  • Multiplex
  • Sale

Additional Details

  • Baseboard / Electric
  • R3
  • $5499
  • 2025
  • PT LT 20 W/S MITCHELL ST PL 849 PORT COLBORNE AS IN AA74633, RO72858 & PC15575 ; PORT COLBORNE
  • N/A
  • N
  • Partial Basement
  • None
  • None
Neighbourhood profile DA 35260668 · 2021 Census

Key signals

Owner vs renter

Owner vs renter split.

Median home value

Owner cost / mo

Median rent / mo

Owner : renter

Dwelling types

Bedroom mix

Condition & suitability

Built when?

Homes by decade.

Median HH income

before tax

After-tax HH

median

Median individual

Low-income rate

Income benchmarks

Shelter cost burden (30%+ of income)

Shelter burden.

Education (ages 25-64)

Population

Median age

Avg HH size

Immigrants

Age groups

Age groups.

Language at home

Visible minority

Visible minority.

Employment rate

Unemployment

labour force

Work from home

of employed

Full-yr full-time

stable jobs

Commute mode

Commute duration

Commute duration.

Pop. density

per km²

5-yr stability

did not move

Occupied dwellings

Pop. change

since 2016

Pressure index

Pressure indicators.

Neighbourhood mobility (5 yr)

Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

Properties you may like

Recently sold nearby

Multiplex · within 1.5KM · last 90 days

Addresssold priceBedroomDistance · sold
180 Fares Street, Port Colborne, ON L3K 1W4$560,00000.2 km · 8 days ago

Internet Coverage — 224 Mitchell Street, Port Colborne, ON L3K 1Y3

ISED Canada ↗

Based on hexagonal coverage zones · Hex: ON42880792

  • Bell
    DSL Fibre Fixed Wireless Mobile
  • Cogeco Connexion
    Cable
  • Rogers
    Fixed Wireless Mobile
  • Telus
    Mobile
  • Xplore
    Fixed Wireless Satellite
  • Freedom Mobile
    Mobile
  • Last Mile Wireless Internet
    Fixed Wireless
  • NWIC
    Fixed Wireless

Coverage is based on hexagonal zones from ISED Canada, not individual addresses. Confirm availability directly with the ISP before purchasing a plan. Roofup.ca makes no guarantee of service accuracy at this location.

Est. monthly payment
Edit details
$
%
yr
%

Down payment
Loan amount
Land transfer tax
CMHC premium
Total upfront

Enter your expected mortgage, annual expenses, and rental income to calculate monthly cash flow for this investment property.

$
$
$
Monthly Cash Flow
net per month
Annual Cash Flow
net per year
Monthly Costs
mortgage + expenses
Cost Coverage
costs vs rent

Estimates only. Not financial or investment advice.

FAQ
  • What is the total square footage of the x12887386 - 224 Mitchell Street, Port Colborne, ON L3K 1Y3?

    The total square footage of this property is 5000 + SqFt.

  • What schools near to x12887386 - 224 Mitchell Street, Port Colborne, ON L3K 1Y3?

    The nearest schools are DeWitt Carter Public School for elementary and Lakeshore Catholic High School for secondary.

Book a Viewing or Contact Us

Ask a question or request a viewing, we’ll respond quickly

Or
Text (416-939-2500) me directly for fastest response
RoofUp
Logo