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Investment signal

$549,000

12874 OLD LAKESHORE ROAD

Beds

3

Baths

1

Sqft

Year

Location

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About this home

Don't miss this rare opportunity to own an adorable 3-bedroom all-season cottage next to the Long Beach Conservation Area, with walking access to the sandy shores of beautiful Lake Erie. Thoughtfully updated with heating, air conditioning, a new water pump, owned water heater, and holding tank, this home is move-in ready and perfect for year-round enjoyment. Inside, you'1l love the soaring vaulted ceilings and bright open layout, complete with an upper loft that offers plenty of additional sleeping space for family and guests. A garage-sized shed (10'3 x 10'3) provides ample storage for all your beach toys and outdoor gear. Nestled on a quiet dead-end street, the property combines privacy with convenience, offering quick access to Lakeshore Road. You'll also be just minutes from two golf courses, the famous DJ's Roadhouse and the shopping, dining, and boutique experiences of thriving Port Colborne. All furniture is included as-is, making this a fantastic investment property, a weekend retreat, or a year-round lakeside escape. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
880 - Lakeshore
Common interest
Freehold
Lot dimensions
45 x 100 FT
Bedrooms
3 above grade
Parking
3 total
Stories
1
Fireplace
Yes
On market
Apr 13, 2026
Status changed
Apr 13, 2026
Annual tax
$2,318
Photos
29
MLS#
X12992254
Area
WAINFLEET_(LAKESHORE)

Features and systems

Parking

No Garage

Basement

None

Appliances

RefrigeratorStoveMicrowaveFurnitureWindow CoveringsWater Heater

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

ConcreteStone

Foundation

Unknown

Utilities

Electricity
Negative cash flow ~$631/mo at these assumptions

Cash on cash

-6.89%

Cap rate

3.49%

GRM

16.6

Break-even rent

$3,414

Financing

Down payment$109,800
Loan amount$439,200
Mortgage$2,225/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$252
Insurance$80
Maintenance$458
CapEx reserve$229
Vacancy loss$138

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.

Lifestyle nearby

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

Mortgage estimate

Estimated $2,225/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 13, 2026.

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