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$ 800,000
Est. payment /mo
Price Dropped by $199K
72 Main ST E Niagara, ON L3K 5Z8
2,800 SqFt
UPDATED:
01/15/2025 05:55 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $285
Municipality Port Colborne
MLS Listing ID X11891514
Condo Fees $1,600
Annual Tax Amount $6,500
Tax Year 2024
Property Description
Honda Canada has broken ground on a significant investment in Port Colborne, Ontario. They are partnering with Japan's Asahi Kasei Corporation to build Canada's first lithium-ion battery separator plant. This package includes three 2 bedroom 1 bath condos in Port Colborne. Unit 218 is featured in the listing photos just for illustrative purposes. Unit 329 is an identical condo is being finished. Unit 107 is rented for $1600, and Unit 213 is also rented $867. The building has recent updates, including a new roof, windows, and sliding doors. Heating is electric and paid by tenants, with low condo fees. Located on Lake Erie, Port Colborne is a port of call for Great Lake Cruise Lines and is close to wineries and Niagara Falls. It's also near the new Vale YMCA Recreation Centre and downtown amenities. This package offers rental income and potential for property value appreciation.
Location
State ON
County Niagara
Area Niagara
Interior
Cooling No
Exterior
Community Features Recreation/Community Centre
Utilities Available Yes
Lot Depth 1.0
Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.