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Port Colborne,ON L3K 5Z8
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $428
MLS Listing ID X11891514
Condo Fees $1,600
Annual Tax Amount $9,000
Tax Year 2024
Property Description
Honda Canada has announced 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 four 2 bedroom 1 bath condos in Port Colborne. Unit 218 is featured in the listing photos, and 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
Province ON
County Niagara
Area Niagara
Interior
Cooling No
Exterior
Community Features Recreation/Community Centre
Utilities Available Yes