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223 Main Street

223 Main Street

Port Colborne, ON

  • 4 bed
  • 3 bath
  • approx. 2000-2500 sqft
  • Triplex
  • 56 days on market
$515,000

This is an incredible prime opportunity to own a well built triplex in a convenient & desirable downtown location in Port Colborne. Situated in a High Traffic area on revitalized Main St W, this property offers the perfect balance of comfort and convenience, making it an ideal investment with good cash flow opportunity or multi-family property. This charming triplex features a 1 bedroom and a 2 bedroom unit on the main floor and a 1 bedroom unit upstairs. Each comes with their own classic character. Kitchens are well-equipped and bedrooms are spacious. Each Separately metered and 2 hot water tanks providing added privacy and efficiency for the tenants. The shared outdoor space adds appeal. The thoughtful layout includes separate entrances allowing for privacy and separation within each unit. Basement has its own door which can be shared for storage and laundry facilities. With a large front picture window, the front air conditioned 1 bedroom unit can be converted to a commercial space. In addition, the property provides 8 parking spots ensuring that residents and visitors have no trouble finding space. Whether you're looking to add to your real estate portfolio or enjoy a peaceful living environment with rental income potential, this purpose built triplex offers great value in a fantastic location. One unit currently tenanted, this triplex is a reliable income-generating asset. The property's potential cash flow makes it an ideal choice for investors seeking a stable and lucrative addition. Don't miss this opportunity to secure a property that merges timeless appeal with strong rental potential. Builders & developers take note: the city permits additional units to be built determined by how many parking there are. Only minutes away from local beaches, shopping, & restaurants, this unique property offers an opportunity that can't be missed. Independent Addresses: 219, 221 and 223 Main St W.

Listing Details

Taxes (2025)
$3,767
Listed
July 20, 2026

Price History

Listing history

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Property

Style
2-Storey
Construction
Brick Front, Vinyl Siding
Roof
Shingles
Foundation
Block
Interior
Separate Hydro Meter
Lot Size
35.08 x 179.59 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
8

Utilities

Sewer
Sewer
Heat Source
Electric

Location & Legal

Cross Street
Main St W and King St
Zoning
CC
Parcel Number
641370131
Possession
Immediate
Occupancy
Tenant

Included

Inclusions
3 Fridges, 3 stoves, air conditioner for the front unit only
Rental Items
2 hot water tanks (if applicable)

Schools

Secondary

  • Lakeshore Catholic High School0.8 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

Elementary

  • St John Bosco Catholic Elementary School0.9 km

    Catholic · Niagara CDSB · 230 students

    Grade 3 reading: 71% met the provincial standard · Grade 6 math: 35% met the provincial standard

  • Oakwood Public School0.9 km

    Public · DSB Niagara · 245 students

    Grade 3 reading: 94% met the provincial standard · Grade 6 math: 72% met the provincial standard

  • McKay Public School1.1 km

    Public · DSB Niagara · 570 students

    Grade 3 reading: 79% met the provincial standard · Grade 6 math: 61% 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
$486,750
Homes sold
254
Median days on market
39
Sale-to-list price
95.2%

Based on 254 recorded sales of residential freehold properties in Port Colborne over the last 12 months.

Rooms

3-piece on Main, 4-piece on Main, 4-piece on Upper

Upper

  • Bedroom
  • Kitchen
  • Living Room

Main

  • Bedroom
  • Bedroom 2
  • Dining Room
  • Kitchen
  • Kitchen
  • Living Room
  • Living Room
  • Primary Bedroom

Basement

  • Office
  • Workshop

Listed by

CENTURY 21 LEADING EDGE REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$103,000

Estimated Monthly Payment

$2,530

Land transfer tax

Estimated land transfer tax$6,775

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,530/mo (20% down, 5.5%)

Taxes: $314/mo · Insurance: $129/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Each Separately metered and 2 hot water tanks providing added privacy and efficiency for the tenants.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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