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Saad Saleem Tabani
Broker of Record & Home Developer

Meet Saad Saleem Tabani

With over a decade of experience in the Canadian housing market and leading many residential development projects. At Bridge we have honed our skills to provide you with a results-driven real estate experience. We build homes, help families Bridge into their next home and navigate complex real estate trends. Learn more

224 MITCHELL Street Port Colborne, Ontario L3K1Y3

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11
Beds
7
Baths
$974,000
Active Other

Property Details

Listed Date: February 8, 2025
Bedrooms: 11
Bathrooms: 7
City: Port Colborne
Neighbourhood: East Village
Province: Ontario
Postal Code: L3K1Y3

Property Features & Amenities

Above ground pool Air exchanger Alarm system All Aluminum siding Attached Garage Backs on greenbelt Balcony Baseboard heaters Blinds

Area Features & Amenities

Proximity to Lake Erie Access to parks and recreational areas Schools Shopping centers Public transportation

Cultural & Historical Insights

Feng Shui

The property faces south, which is often associated with warmth, energy, and prosperity.

Numerology

The address number 224 can be interpreted as a combination of the energies of 2 and 4, emphasizing cooperation, balance, and stability.

Historical Facts

  • Port Colborne was incorporated as a city in 1970 and has a rich history as a shipping and industrial hub.
  • The East Village is known for its historic homes and close-knit community.

Community Character

Port Colborne is characterized by its small-town charm, diverse population, and strong community engagement, making it a welcoming place for families and newcomers alike.

Access to parks and recreational areas in 224 Mitchell, Port Colborne

8 UNIT MULTIPLEX! INCREDIBLE MULTI-UNIT INVESTMENT OPPORTUNITY IN PORT COLBORNE!Discover the potential of 220-224 Mitchell & 59 Louis, a unique multi-property package featuring three separate dwellings including two duplexes and a fourplex for a total of eight units! This cash-flowing investment boasts six fully renovated and rented units, one rented but unrenovated unit, and one gutted unit approved for a five-bedroom rooming house.224 Mitchell (Fourplex): Three renovated 1-bed units plus one gutted 5-bed unit, generating $3,700/month (with major upside once the 5-bed unit is completed).59 Louis (Duplex): A 1-bed unit and a bachelor unit, generating $1,700/month, plus a garage and shed for additional value.220 Mitchell (Duplex): Two 1-bed units, each rented at $1,250, bringing in $2,500/month.Total gross rental income of $7,900/month, with significant potential for increased cash flow once the unfinished unit is completed. All three properties have newer roofs (2015), updated windows, siding, soffits, eaves, and modernized plumbing for peace of mind. The city recognizes seven units, making this a rare and highly lucrative investment opportunity with both strong current income and future appreciation potential! (id:58062)

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