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12 NICKEL STREET, Port Colborne (East Village), Ontario, L3K 1A9

MLS® # X12053122
Investment For Sale In Three Bridges, Port Colborne (East Village), Ontario
$550,000
12 Nickel Street, Port Colborne (East Village), ON - Outdoor With Balcony
12 Nickel Street, Port Colborne (East Village), ON - Outdoor With Balcony
12 Nickel Street, Port Colborne (East Village), ON - Outdoor With Balcony
12 Nickel Street, Port Colborne (East Village), ON - Outdoor With Balcony
12 Nickel Street, Port Colborne (East Village), ON - Outdoor With Exterior
12 Nickel Street, Port Colborne (East Village), ON - Outdoor With Balcony With Exterior
12 NICKEL STREET, Port Colborne (East Village), Ontario, L3K 1A9
$550,000

Property Information:

INCREDIBLE INVESTMENT OPPORTUNITY! This updated triplex is the perfect cash-flow property to add to your portfolio. Once fully tenanted, it will generate over $50,000 in annual rental income! With projected rents of $1,800 for the main unit, $1,700 for the upper unit, and $1,000 for the lower unit, the total rental income reaches $54,000 per year. At $550,000 with operating expenses of just $10,000 per year, this triplex boasts an impressive 8.00% CAP rate - a fantastic opportunity for investors seeking strong returns! Three Separate Units - Upper Unit (Rented): Spacious 3-bedroom + den, full kitchen, 4-piece bathroom, living room, and private balcony. Main Floor Unit: Bright 2-bedroom layout, full kitchen, living room, and 4-piece bathroom. Lower Unit: Open-concept studio with a full kitchen, living area, and dining space. Separate Entrances & Hydro Meters for each unit, 1 gas Meter. Shared Laundry for tenant convenience. Double-Wide Driveway providing ample parking. Whether you're an investor looking for solid cash flow or an owner-occupant seeking mortgage assistance, this high-potential property is a must-see. Don't miss out schedule a viewing today! (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Vinyl siding
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Block
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Appliances: Dishwasher, Dryer, Stove, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 3
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 66.0 Feet
  • Lot Frontage: 45.0 Feet
  • Lot Size: 45 x 66 FT
  • Zoning: NC
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Rooms:

  • Foyer Basement Level 2.08 m x 3.32 m
  • Living Basement Level 3.24 m x 4.90 m
  • Kitchen Basement Level 3.02 m x 3.09 m
  • Dining Basement Level 3.02 m x 1.43 m
  • Bathroom Basement Level 2.69 m x 1.00 m
  • Living Main Level 4.06 m x 5.00 m
  • Bedroom Main Level 2.89 m x 2.57 m
  • Bedroom Main Level 2.89 m x 2.46 m
  • Kitchen Main Level 4.23 m x 3.49 m
  • Bathroom Upper Level 1.36 m x 2.75 m
  • Kitchen Upper Level 2.07 m x 2.90 m
  • Den Upper Level 2.44 m x 2.85 m
  • Bedroom Upper Level 2.49 m x 2.51 m
  • Bedroom Upper Level 2.47 m x 2.51 m
  • Primary Bedroom Upper Level 2.52 m x 2.85 m
  • Living Upper Level 3.58 m x 3.04 m

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Courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE

REALTOR.ca  

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Location of 12 NICKEL STREET, Port Colborne (East Village), Ontario, L3K 1A9

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-High

41 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-High

41 hot days expected in 2050

65/100

Moderate-High

ClimateCheck®

Current data

This property, 12 NICKEL STREET , experiences 7 hot days per year at around 29.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 41 hot days at 33.2 degrees Celsius.

Projected Avg. Temperature

Past
29.5℃
2050
33.2℃

# Hot Days Per Year

Past
7
2050
41

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 12 NICKEL STREET , experiences 11 significant 2-day storms per year, with about 332.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 410.5mm of precipitation per year.

Precipitation Per Storm

Past
332.1mm
2050
410.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 12 NICKEL STREET, Port Colborne (East Village), Ontario, L3K 1A9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$81,672.88

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.92 %

High school certificate or equivalent

39.59 %

Apprenticeship trade certificate/diploma

7.55 %

College/non-university certificate

20.44 %

University certificate (below bachelor)

0.35 %

University Degree

12.15 %

Commuter

Travel To Work

By Car

86.25 %

By Public Transit

0.0 %

By Walking

8.72 %

By Bicycle

0.0 %

By Other Methods

5.03 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.19 %

Houses

68.81 %

Own Vs. Rent

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