741 Elm Street, Port Colborne, ON

$400,000
MLS#:X12050231
3 beds
2 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 16, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 877 - Main Street. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $400,000 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.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 48 x 116 ft lot
  • Features a full, partially 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: In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Im so excited to bring you 741 Elm Street, a solid little gem tucked into one of Port Colbornes most convenient pockets. This one has so much potential, whether you're just starting out, looking to downsize, or searching for something with future income possibilities. Lets start on the main floor - You've got two bedrooms, a beautifully updated bathroom, and gorgeous hardwood floors that really make the space feel warm and inviting. The kitchen is open to the living space, so its great for hosting and while the cupboards here are a little dated, its totally functional and full of opportunity to make it your own. Now, the lower level? Its already part of the way to becoming the perfect in-law suite or separate living space. Theres a bedroom, a 3-piece bathroom, and even a kitchen sink in place. It just needs the finishing touches (flooring, ceiling, etc.) and you're there! The backyard is fully fenced, which I know is a must for pet owners or little ones. Theres also a single-car garage and a shed for extra storage or hobbies. And location-wise? You're a short walk to the park, super close to grocery stores, and minutes from Hwy 58 - so whether you're commuting or staying local, you're covered. This home has good bones, a great layout, and all the right ingredients for someone whose ready to add value over time. If you're a first-time buyer, investor, or down-sizer looking for a smart move in a town that feels like home - 741 Elm Street might just be the one.

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Property Summary

This detached home located at 741 Elm Street, Port Colborne is currently for sale and has been available on SousaSells for 482 days. This property is listed at $400,000 with an estimated mortgage of $1,331* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 741 Elm 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

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 16, 2025
Sold price information is available to members only
Listed Date3/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementFull, Partially Finished
Lot Size48 × 116 Feet
CountyNiagara
Annual Tax$2,487
Legal DescriptionPT LTS 9 & 10 N/S THOMPSON ST PL 762 AS IN RO590038 ; PORT COLBORNE

Parking & Garage

Parking Total4.0
Parking Space3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

In-Law Capability

Security Features

Community Features

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Location

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741 Elm 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 741 Elm Street, Port Colborne, ON L3K 4R2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Port Colborne.

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Interest Rate4.00%
Down Payment$120,000 (30.0%)
* Minimum Canadian down payment required for this price is $20,000.
Amortization Period30 Years
Estimated Monthly Payment$1,331Based on a loan of $280,000 over 30 years.
Purchase Price$400,000
Loan Amount$280,000
Provincial Land Transfer Tax:$4,475
Total Estimated Closing Taxes:$4,475

About Purchasing a Home in Port Colborne, ON

For a property listed at $400,000 in Port Colborne, the legal minimum down payment is $20,000 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 $4,475 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 $4,475.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 877 - Main Street, Port Colborne.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$597,335

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

St John Bosco
Public191 Highland Avenue, Port Colborne, Ontario, L3K 3S7
3.0
Oakwood
PublicOakwood Street, Port Colborne, Ontario, L3K 3M5
8.8
McKay
Public320 Fielden Avenue, Port Colborne, Ontario, L3K 4T7
7.4
DeWitt Carter
Public435 Fares Street, Port Colborne, Ontario, L3K 1X4
7.1
St Patrick Catholic
Catholic266 Rosemount Avenue, Port Colborne, Ontario, L3K 5R4
7.3

Secondary Schools

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

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.