224 MITCHELL Street
Port Colborne, ON
11 bed • 7 bath • approx. 3500-5000 sqft • Multiplex • 219 days on market
Exceptional 8-Unit Multi-Property Investment /Seize this rare opportunity to own a high-performing, income-generating portfolio featuring three separate buildings across 220/224 Mitchell St. & 59 Louis St. This package includes two duplexes and one fourplex, for a total of 8 residential units with strong cash flow and future upside. 224 Mitchell (Fourplex): Three fully renovated 1-bedroom units and one 5 bedroom 59 Louis (Duplex): One 1-bedroom and one bachelor unit, bringing in $1,100/month, plus added value from an on-site garage and shed. 220 Mitchell (Duplex): Two 1-bedroom units, both rented at $1,250/month, totaling $2,500/month. Combined gross monthly income is $8050.00with clear value-add potential. All three properties have received major upgrades, including newer roofs (2015), updated windows, siding, soffits, eaves, and modernized plumbing.
Listing Details
- Taxes (2025)
- $5,499
- Listed
- January 15, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 51-99
- Construction
- Vinyl Siding
- Roof
- Shingles
- Foundation
- Concrete Block
- Interior
- None
- Lot Size
- 60.28 x 90 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- MITCHELL / LOUIS ST
- Zoning
- R3
- Parcel Number
- 641640147
- Possession
- Other
Commercial
- Occupancy
- Tenant
Included
- Inclusions
- N/A
- Rental Items
- HWT
Schools
Elementary
- DeWitt Carter Public School0.6 km
Public · DSB Niagara · 280 students
Grade 3 reading: 89% met the provincial standard · Grade 6 math: 81% met the provincial standard
- ÉÉC Saint-Joseph1.1 km
French Catholic · CS catholique MonAvenir · 115 students
Grade 3 reading: 90% met the provincial standard
- McKay Public School1.3 km
Public · DSB Niagara · 570 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 61% met the provincial standard
Secondary
- Lakeshore Catholic High School1.2 km
Catholic · Niagara CDSB · 680 students
Grade 10 literacy: 87% met the provincial standard
- Port Colborne High School1.3 km
Public · DSB Niagara · 420 students
Grade 10 literacy: 95% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L3K
- Population
- 19,458
- Private dwellings
- 9,086
- Median age
- 50.8
- Average household size
- 2.2
- Median household income
- $70,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Port Colborne · last 12 months
- Median sold price
- $499,900
- Homes sold
- 251
- Median days on market
- 39
- Sale-to-list price
- 95.3%
Based on 251 recorded sales of residential freehold properties in Port Colborne over the last 12 months.
Listed by
LUXE DREAM HOME REALTY LTD.
Walk Score
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Location
Mortgage Calculator
$150,000
Estimated Monthly Payment
$3,685
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,685/mo (20% down, 5.5%)
Taxes: $458/mo · Insurance: $188/mo
Estimates only. Consult a financial advisor.
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