370 Clarence Street, Port Colborne, ON
Property Highlights
Welcome to this remarkable Bungalow duplex located in the coveted neighborhood of 878 - Sugarloaf. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $515,000 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 56 x 140 ft lot
- Features a apartment, separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 370 Clarence Street in Port Colborne - a centrally located legal duplex located on a double lot. 5 Reasons to Love This Property: 1) Central Location Situated in a quiet, established neighbourhood in Port Colborne, close to schools, parks, and local amenities, and canal. 2) Legal Duplex Fully legalized duplex with two self-contained units, offering flexibility for a variety of uses. 3) Income Potential Opportunity to generate rental income from one or both units, or offset living expenses by occupying one unit. 4) Property Situated on Double Lot 5) Convenient access to Niagara Falls and surrounding attractions makes this an ideal location for both living and investment.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 370 Clarence Street, Port Colborne, ON L3K 3H2
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About Purchasing a Home in Port Colborne, ON
For a property listed at $515,000 in Port Colborne, the legal minimum down payment is $26,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,775 for this transaction. As this listing is in Port Colborne (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,775.
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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.