$1,050,000
8.29 BTC
Photos
Map
224 Mitchell Street, Port Colborne
$1,050,000
PRICE
11
BEDROOMS
7
BATHROOMS
X12510560
MLSID

224 Mitchell Street, Port Colborne

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 gutted unit approved for a 5-bedroom rooming house. With substantial income potential upon completion of the 5-bedroom unit.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. The portfolio includes six fully renovated and tenanted units, one rented but unrenovated unit, and one gutted unit awaiting completion. All three properties have received major upgrades, including newer roofs (2015), updated windows, siding, soffits, eaves, and modernized plumbing. With seven units legally recognized by the City, this is a rare, high-yield investment offering both immediate income and long-term appreciation potential.
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Summary

Address
224 Mitchell Street
MLSID
X12510560
Property Type
Multiplex
Property Category
Bedrooms
11
Bathrooms
7
Kitchens
6
Zoning
R3
Taxes (Annual)
$5,499.00
Tax Year
2025
Published
November 4, 2025
Days on Market
33 Days
Possession Type
30-59 Days
Possession Details
Tbd
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Inclusions

N/A

Details

Security Features
Smoke Detector
Bathroom 1
3-Piece Main Level
Bathroom 2
3-Piece Upper Level
Basement
Partial Basement
Interior Features
None
Parking Spaces
2
Parking Total
4
Parking Features
Other
Architectural Style
2-Storey
Roof
Shingles
Construction Materials
Vinyl Siding
Lot Width
60 Feet
Lot Depth
90 Feet
Water
Municipal
Heat Source
Electric
Heat Type
Water
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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