224 MITCHELL Street, Port Colborne, ON L3K 1Y3
$750,000
$750,000

224 MITCHELL Street

876 - East Village, Port Colborne, Niagara $750,000

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11 Beds
7 Baths
3500-5000 sqft
Parking for 2
West Facing
Zoning: R3
MLS®#:
X12701866
Property Type:
Multiplex
Property Style:
2-Storey
Area:
Niagara
Community:
876 - East Village
Taxes:
$5,499 / 2025
Added:
January 15 2026
Lot Frontage:
60.28
Lot Depth:
90
Status:
Active
Outside:
Vinyl Siding
Year Built:
51-99
Basement:
Partial Basement
Brokerage:
LUXE DREAM HOME REALTY LTD.
Lot :

90

60

Intersection:
MITCHELL / LOUIS ST
Rooms:
Bedrooms:
11
Bathrooms:
7
Fireplace:
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Water
Heating Fuel:

Listing Details

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.

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Insights

  1. Strong Cash Flow: The property generates a combined gross monthly income of $8,050 from its 8 residential units, providing immediate cash flow for investors.
  2. Renovation Potential: One unit is already gutted and approved for conversion into a 5-bedroom rooming house, offering significant value-add potential and increased rental income upon completion.
  3. Upgraded Infrastructure: Major upgrades have been completed across all properties, including newer roofs and modernized plumbing, ensuring lower maintenance costs and enhancing long-term appreciation potential.

Sale/Lease History of 224 MITCHELL Street

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Neighborhood Overview

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876 - East Village home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in 876 - East Village

Insights for 224 MITCHELL Street

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)