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292 Fares Street, Port Colborne, ON, L3K 1W8

MLS® # 40577223
Investment For Sale In Three Bridges, Port Colborne, Ontario
$609,000
292 Fares Street, Port Colborne, ON - Outdoor
292 Fares Street, Port Colborne, ON - Indoor
292 Fares Street, Port Colborne, ON - Indoor
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen With Double Sink
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Kitchen
292 Fares Street, Port Colborne, ON - Indoor
292 Fares Street, Port Colborne, ON - Indoor
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Other Room
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Other Room
292 Fares Street, Port Colborne, ON - Outdoor With Exterior
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Living Room
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Kitchen With Double Sink
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Kitchen
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Bathroom
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Bathroom
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Bedroom
292 Fares Street, Port Colborne, ON  - Outdoor
292 Fares Street, Port Colborne, ON  - Indoor
292 Fares Street, Port Colborne, ON  - Indoor
292 Fares Street, Port Colborne, ON  - Indoor Photo Showing Kitchen With Stainless Steel Kitchen With Double Sink
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Kitchen
292 Fares Street, Port Colborne, ON - Indoor
292 Fares Street, Port Colborne, ON - Indoor
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Other Room
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Other Room
292 Fares Street, Port Colborne, ON - Outdoor With Exterior
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Living Room
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Kitchen With Double Sink
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Kitchen
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Bathroom
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Bathroom
292 Fares Street, Port Colborne, ON - Indoor Photo Showing Bedroom
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292 Fares Street, Port Colborne, ON, L3K 1W8
$609,000

Property Information:

Are you looking for home with MORTGAGE OFFSET potential? Or looking for a property for your INVESTING portfolio? This amazing LEGAL DUPLEX could meet your NEEDS! Be confident knowing this side-by-side duplex has the city’s approval for complying with SAFETY and OCCUPANCY STANDARDS. Yes, side-by-side meaning both units are above grade. Looking for Mortgage Offset? Great! Live in one of the units with the easy to maintain carpet-free flooring, newer stainless steel appliances and benefit from MORTGAGE ASSISTANCE with income coming in from the second unit. Looking for an Investment Opportunity? Fantastic! Benefit from rental INCOME from two units and each unit having their own hydro meter. And there is more! No need to worry about having to dip into the savings account to replace roof, furnace or AC. All are relatively young…Roof (2018), Furnace (2021), and Air Conditioning (2021). This one is Favorite worthy!

Inclusions: Other,Stainless Steel Fridge (Front Unit), Stainless Steel Stove (Front Unit), Stainless Steel Dishwasher (Front Unit), Fridge (Back Unit), Stove (Back Unit), Two (2) Washers, Two (2) Dryers, All Electrical Light Fixtures

Exclusions : Tenants' Belongings

Building Features:

  • Floor Space: 1731 Square Feet

Property Features:

  • Bedrooms: 3
  • Acres Range: < 0.5
  • Basement: Full, Unfinished, Sump Pump
  • Built in: 1900
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Cooling: Central Air
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 1731 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In-Suite
  • Lot Features: Other
  • Lot Frontage: 39.09 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: R3
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 2

Courtesy of: Rock Star Real Estate Inc., Brokerage

Data provided by: The Oakville, Milton and District Real Estate Board 125 Navy Street, Oakville, Ontario L6J 2Z5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 292 Fares Street, Port Colborne, ON, L3K 1W8

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, 292 Fares 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, 292 Fares 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.

Demographic Information of 292 Fares Street, Port Colborne, ON, L3K 1W8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,190.89

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.88 %

High school certificate or equivalent

38.39 %

Apprenticeship trade certificate/diploma

7.68 %

College/non-university certificate

22.0 %

University certificate (below bachelor)

0.54 %

University Degree

7.5 %

Commuter

Travel To Work

By Car

86.75 %

By Public Transit

0.0 %

By Walking

6.58 %

By Bicycle

1.09 %

By Other Methods

5.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

37.4 %

Houses

62.6 %

Own Vs. Rent