224 Mitchell Street, Port Colborne, ON

$699,000
MLS#:X12887386
11 beds
7 baths
5000 + sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] multiplex located in the coveted neighborhood of 876 - East Village. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $699,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 11 Bedrooms and 7 Bathrooms with 7 functional kitchens
  • Generous living space spanning 5000 + sqft on a premium 60.28 x 90 ft lot
  • Features a ["partial basement"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient baseboard heating via electric

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.

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Key Features

Bedrooms
11
Bathrooms
7
Kitchens
7
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date3/16/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionVinyl Siding
Lot Size60.28 × 90 Feet
CountyNiagara
Annual Tax$5,499
Legal DescriptionPT LT 20 W/S MITCHELL ST PL 849 PORT COLBORNE AS IN AA74633, RO72858 & PC15575 ; PORT COLBORNE

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["None"]

Features

Property Features

Community Features

Location

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224 Mitchell Street, Port Colborne, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 224 Mitchell Street, Port Colborne, ON L3K 1Y3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$559,200
Monthly Mortgage$3,249
Property Tax (Est.)$458
Utilities & Maint.$350
Total Monthly Cost$4,057

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Port Colborne.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 876 East Village, Port Colborne.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

McKay
Public320 Fielden Avenue, Port Colborne, Ontario, L3K 4T7
7.4
Oakwood
PublicOakwood Street, Port Colborne, Ontario, L3K 3M5
8.8
DeWitt Carter
Public435 Fares Street, Port Colborne, Ontario, L3K 1X4
7.1
St John Bosco
Public191 Highland Avenue, Port Colborne, Ontario, L3K 3S7
3.0
Steele Street
PublicSteele Street, Port Colborne, Ontario, L3K 2N7
9.5

Secondary Schools

Port Colborne
Public211 Elgin Street, Port Colborne, Ontario, L3K 3K4
6.5
Lakeshore
Public150 Janet Street, Port Colborne, Ontario, L3K 2E7
6.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.