For sale

$664,900

Est. $2,997/mo

•

7 ba

•

View

sq ft

224 Mitchell St, Port Colborne, ON L3K 1Y3

About this home

Excellent opportunity to acquire a multi-property residential investment portfolio in the growing community of Port Colborne. The offering includes three separate buildings located at 220 Mitchell St. , 224 Mitchell St. , and 59 Louis St. , currently generating rental income from existing tenants. 220 Mitchell Street: Two tenants generating $2,500 in combined monthly rental income. 224 Mitchell Street: Currently configured with three renovated and tenanted main floor one-bedroom units plus an unfinished upstairs area. 59 Louis Street: Two dwelling units with attached garage. One unit currently generating $700 per month and one unit currently vacant. The property also features a detached garage and additional storage shed. Current combined gross monthly rental income from occupied units is $6,850. Major capital improvements across the portfolio include roof replacements (2015), updated windows, exterior siding, soffits, eavestroughs, and plumbing upgrades. Conveniently located close to amenities, parks, and the historic Welland Canal corridor.

Multi-familyProperty Type

5,425 sq ftLot Size

4 spacesParking

Listing updated: Jun 4, 2026 at 03:37pm

Redfin checked: 3 minutes ago

•Source:TREB #X12887386

Open houses

No upcoming open houses.

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Around this home

Schools
Places
Transit

0.5km

Dewitt Carter Public School

Public, JK-8 • Assigned

1.1km

Lakeshore Catholic High School

Public, 9-12 • Assigned

Provided by Local Logic

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior

Kitchen

Bathroom

Bedroom

Living

Interior features
Partial basement

Heating & cooling
Electric heating
Baseboard heating
No central air conditioning

Sale and tax history for 224 Mitchell St

Sale History
Tax History

Date

Event

Price

TREB #X12887386

Jun 4, 2026

Price Changed

$664,900

Mar 16, 2026

Listed

$699,000

TREB #X12701866

Jan 15, 2026

Listed

$750,000

+38

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.

TREB #X12510560

Nov 4, 2025

Listed

$1,050,000

TREB #X12423971

Sep 23, 2025

Listed

$1,100,000

TREB #X12339872

Aug 12, 2025

Listed

$1,100,000

TREB #X11962911

Mar 13, 2025

Price Changed

$974,000

Feb 7, 2025

Listed

$999,000

TREB #X5488012

Feb 2, 2022

Listed

$730,000

Public record

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Style

Single Family Residential

Region

Niagara Region

Parking Spaces

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Basement

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Accessible

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Maintenance Fees

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Garage

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Last updated by owner on Aug 9, 2023.

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