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Home ON St. Catharines - Niagara Port Colborne Sugarloaf
246 KENT Street
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246 KENT Street $500,000
$500,000
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246 KENT Street
Port Colborne, Ontario L3K3A1

MLS® Number: 40600169
5
Bedrooms
2
Bathrooms
2400
Square Feet

Listing Description

Seize this incredible investment opportunity with a well-maintained, 1,800 sq. ft.,2 1/2-story character home in the coveted Sugarloaf district. This fully bricked residence, zoned as a Legal Duplex, offers both charm and practicality, making it a valuable addition to your portfolio. Key Features: Prime Location: Just blocks from Lake Erie, this property is conveniently located near the hospital, marina, parks, shopping centers, and top-rated schools, ensuring high tenant demand and excellent rental potential. Separate Utilities: Each unit has its own hydro meter, with updated electrical panels , ensuring safety and efficiency. Modern Upgrades: The home features a newer boiler and hot water tank (installed in 2019), and the roof on both the house and detached garage was replaced in 2017. The two-tier steps to the second unit entrance were also replaced in 2017, and the floors and paint were refreshed in 2008. Additional Income Potential: The detached garage, with a 20'x17' addition, has a concrete floor and can be rented out as storage or a workshop, providing an extra income stream. Reliable Tenants: The property currently houses long-term tenants who pay rent month-to-month, consistently on time, and maintain their units with care. This provides stability and peace of mind for potential investors. Flexible Opportunities: There is potential to negotiate new rental agreements or obtain vacant possession, offering flexibility to maximize your investment returns. This property presents numerous possibilities to optimize your investment strategy. Whether you continue with the current tenants or make adjustments to the rental agreements, the solid structure and prime location of this home ensure it will remain a lucrative asset. (67614053)

Location Description

STEELE ST TO KENT ST

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
3
Square Footage
2400 sqft
Subdivision Name
878 - Sugarloaf
Title
Freehold
Land Size
under 1/2 acre
Built in
1918
Annual Property Taxes
$3,318.80
Parking Type
Detached Garage
Time on REALTOR.ca
25 days

Building

Bathrooms
Total
2
Interior Features
Basement Type
Full (Unfinished)
Building Features
Features
Conservation/green belt
Foundation Type
Block
Structures
Porch
Total Units
3
Heating & Cooling
Heating Type
Radiant heat
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Golf Nearby, Hospital, Marina, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Parking
Parking Type
Detached Garage
Total Parking Spaces
4

Measurements

Square Footage
2400 sqft
Above Grade Finished
1800 sqft
Source: Other
Below Grade Finished
600 sqft
Source: Other
Total Unfinished
600 sqft

Land

Lot Features
Frontage
40 ft
Land Depth
124 ft
Other Property Information
Zoning Description
R2
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4

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