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Investment signal

$559,000

120 MAIN STREET W

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Beds

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Baths

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Sqft

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Year

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Type

Retail

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Port Colborne (Main Street). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Prime mixed-use opportunity in the heart of Port Colborne! This front-and-back duplex offers excellent flexibility for investors or owner-operators, featuring a commercially zoned front unit and a residential unit at the rear. The front unit includes two bedrooms and two bathrooms and benefits from commercial zoning, making it well-suited for a variety of permitted business uses or live/work arrangements. The rear unit offers a comfortable one-bedroom residential space, ideal for rental income or on-site occupancy. Both units are equipped with separate hydro meters and furnaces, ensuring independent utilities and operational efficiency. Each unit also includes access to a lower-level basement area for storage and laundry. Conveniently located within walking distance to local shops and services, this property offers strong exposure and accessibility in a growing community. An excellent investment opportunity with multiple income streams and end-use possibilities. A separate parcel is also available for purchase, presenting additional potential for future development or expansion. (id:65958)

Subtype: Retail
Community: 877 - Main Street
Living area: 0
Lot size: 0.13 acres
Lot dimensions: 0.13
On market: Mar 18, 2026
Status changed: Apr 21, 2026
Annual tax: $2,663 (2025)
Zoning: CC
Photos: 32
MLS#: X12897160
Area: PORT_COLBORNE_(MAIN_STREET)

Features and systems

Heating

Forced airNatural gas

Cooling

None

Negative cash flow ~$641/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.88%

Cap rate

3.49%

GRM

16.6

Break-even rent

$3,475

Financing

Down payment$111,800

Loan amount$447,200

Mortgage$2,266/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$256

Insurance$80

Maintenance$466

CapEx reserve$233

Vacancy loss$140

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,266/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.