3493 Highway 3

Just listed! If you’re on the lookout for a fantastic investment opportunity, look no further than this Multi-Family Home for sale in Port Colborne . Nestled at 3493 Highway 3, Port Colborne, this impressive 2-storey multiplex is situated on a generous 2.4-acre double lot, presenting endless potential for the savvy buyer. With five bedrooms and two bathrooms, this property is perfect for those seeking a home that can accommodate multiple families or serve as a lucrative rental.

The exterior of the house is clad in durable vinyl siding, which not only enhances its aesthetic appeal but also ensures low maintenance. The building itself boasts a classic 2-storey style, providing ample living space across its 11 rooms. Although the property does not feature a den or a family room, the two kitchens are a significant advantage, allowing for easy meal preparation and entertaining. This Multi-Family Home for sale in Port Colborne is currently configured as a legal duplex, offering flexibility for various living arrangements. You could live in one unit and rent out the other, or perhaps accommodate extended family members comfortably.

Located in the vibrant community of 874 - Sherkston, this property is conveniently positioned near the stunning sandy beaches of Lake Erie and the renowned wineries of Niagara. The area is a hidden gem, perfect for those who appreciate both natural beauty and the conveniences of modern living. With no central vacuum system or air conditioning, the home retains a charming, rustic feel, reminiscent of its century-old roots. However, it does come equipped with internet access, ensuring you can stay connected while enjoying the tranquillity of country living.

While the property is being sold "as is" and does require significant repair and updating, there have been key improvements made, including an updated electrical panel and a new water treatment and softening system. This means you can focus on personalising the space to your liking rather than worrying about essential utilities.

The lot measures an impressive 432 X 242 feet, providing plenty of room for gardening, outdoor activities, or even future development. The potential for severance or building your dream home(s) is a unique feature of this Multi-Family Home for sale in Port Colborne. Imagine the possibilities!

Parking will never be an issue here, as the property offers space for up to six vehicles. Although there is no garage or driveway, the ample parking area ensures that you and your guests will always have a spot. With no pool or fireplace, the focus remains on the home's spacious layout and the opportunities it presents.

This Multi-Family Home for sale in Port Colborne is not just a property; it’s a lifestyle choice. With easy access to Niagara Falls, shopping, and outdoor activities like horseback riding, you’ll find that this location is perfect for both relaxation and adventure. The surrounding community is growing, making it an ideal investment for those looking to capitalise on the increasing demand for housing in the area.

In summary, 3493 Highway 3, Port Colborne, is a remarkable opportunity for anyone looking to invest in a property rich in character and potential. Whether you’re considering a renovation project, a live-work setup, or a full rebuild, this Multi-Family Home for sale in Port Colborne offers the perfect canvas for your vision. Don’t miss out on this chance to secure a slice of Niagara’s hidden treasures!

Sherkston, nestled within the city of Port Colborne, is a charming geographic enclave that offers a unique blend of natural beauty and recreational opportunities. Known for its picturesque landscapes, Sherkston is bordered by the stunning shores of Lake Erie, providing residents with easy access to sandy beaches and tranquil waters. The area is characterised by a mix of residential properties, holiday homes, and vibrant green spaces, making it an ideal spot for those seeking a relaxed lifestyle. With a strong sense of community spirit, local amenities, and proximity to the attractions of Port Colborne, Sherkston is a delightful place to call home for anyone looking to enjoy the serene beauty of southern Ontario.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,747 residents, with an average household size of 2.3 individuals. The community is characterized by a mature demographic, with an average age of 48.2 years. Economic indicators reveal a robust average household income of $143,000, although 8.4% of the population is classified as low-income. The average property price in the area stands at $728,000, reflecting a relatively affluent neighborhood. Approximately 34.74% of the residents are single, while 37.04% live in households with children, indicating a mix of family and individual households. The community also has a notable immigrant presence, comprising 13.5% of the population. Renters and condo dwellers are minimal, each making up only 3.53% of the housing situation. Education levels are high, with 55.56% of residents holding a college or university degree. However, a significant portion of the population, 43.89%, is not in the labor force, suggesting a potential retirement demographic or individuals engaged in non-traditional work arrangements. Overall, this area presents a blend of stability, affluence, and a well-educated populace.