420 Fares Street, Port Colborne, ON
Property no longer active
This property was sold on May 13, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of 875 - Killaly East. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $395,000 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 66 x 110 ft lot
- Features a crawl space, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Separate Hydro Meter, Separate Heating Controls
- equipped with wall unit(s) central cooling and highly efficient forced air heating via gas
Description
This charming legal duplex is a fantastic income opportunity in the heart of Port Colborne! Situated on a huge double lot, this property boasts ample parking, perfect for easily designating spots for tenants, and includes a large detached garage and a spacious fully fenced backyard. The main floor unit offers approximately 900 sqft of space with a bright living room, spacious kitchen, dining room, two bedrooms, and a 4-piece bathroom, plus its own laundry. Upstairs, the second unit provides approximately 800 sqft of space and includes a cozy living room, spacious eat-in kitchen, two bedrooms, a 4-piece bathroom, and separate laundry. The upper tenant currently pays $1,230/monthly, so this property is already income-generating! With separate hydro and gas meters, utility management is a breeze. The upper unit is accessed by a side entrance. Located in a highly desirable area, this property is close to great schools, parks, restaurants, shops, and the Friendship Trail, perfect for enjoying a day in nature. You're also just minutes from Sugarloaf Harbour Marina, Nickel Beach, and HH Knoll Lakeview Park, which hosts the popular Canal Days Festival each year. Port Colborne itself is a welcoming lakeside community known for its friendly vibe, waterfront charm, and year-round amenities, making it an exceptional place to live and invest. Whether you're looking for an investment property or a versatile home with income potential, this character-filled duplex is a rare find. **EXTRAS** Schools: Dewitt Carter Public, St Therese Catholic Elementary, Port Colborne High, Lakeshore Catholic High. Approximately 1700 sqft above grade.
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Property Summary
This duplex located at 420 Fares Street, Port Colborne is currently for sale and has been available on SousaSells for 499 days. This property is listed at $395,000 with an estimated mortgage of $1,315* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 420 Fares Street, Port Colborne is in the 875 - Killaly East neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
School, Place Of Worship, Park
Interior Features
Separate Hydro Meter, Separate Heating Controls
Security Features
Community Features
Location
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 420 Fares Street, Port Colborne, ON L3K 1X3
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 $395,000 in Port Colborne, the legal minimum down payment is $19,750 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 $4,400 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 $4,400.
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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.