396 Main Street, Port Colborne, ON
Property no longer active
This property was sold on November 6, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of 877 - Main Street. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $559,000 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.
- 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 56.28 x 80 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Water Heater Owned
- Efficient radiant heating via gas
Description
Looking for an investment triplex? Current cash flow is $900/month AFTER mortgage and all expenses are paid. 16% yearly ROI based on current financials. Financials available upon request2 units currently rented to same tenants for over 2 years. 3rd unit newly rented as of June 1st with very competitive market rent. Great main street location in Port Colborne within walking distance to many amenities. Corner lot with ample parking. Units 2 and 3 have shared gas, hot water, and heat. Unit 1 has its own gas, heat..
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Property Summary
This triplex located at 396 Main Street, Port Colborne is currently for sale and has been available on SousaSells for 443 days. This property is listed at $559,000 with an estimated mortgage of $1,861* per month. It has 6 beds, 3 bathrooms, and is 2000-2500 square feet. 396 Main Street, Port Colborne is in the 877 - Main Street neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 396 Main Street W, Port Colborne, ON L3K 3W1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Port Colborne, ON
For a property listed at $559,000 in Port Colborne, the legal minimum down payment is $30,900 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 $7,655 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 $7,655.
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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.