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Investment signal

$289,000

172 FRASER STREET

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Beds

Baths

Sqft

—

Year

—

Type

Multi-family

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 (Killaly East). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Attention investors and renovators-this handyman's special duplex in the charming town of Port Colborne is packed with potential! The upper unit features a 1-bedroom, 1 full bathroom layout, complete with a private balcony-perfect for enjoying your morning coffee or evening unwind. The lower unit offers a spacious 2-bedroom, 1 full bathroom setup, with direct access to the backyard, making it ideal for families or additional rental income. Outside, you'll find a yard with a shed for extra storage and plenty of room to create your own outdoor oasis. Located close to all amenities, including shopping, schools, and local attractions, this property is a fantastic opportunity to add value and make it your own. Whether you're looking to invest, renovate, or live in one unit and rent the other, the possibilities here are endless. (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: 875 - Killaly East
Lot dimensions: 44 x 100 FT
Bedrooms: 3 above grade
Parking: 6 total
Stories: 2
On market: Apr 23, 2026
Status changed: Apr 23, 2026
Annual tax: $2,014
Photos: 20
MLS#: X13036286
Area: PORT_COLBORNE_(KILLALY_EAST)

Features and systems

Parking

Detached GarageGarage

Basement

UnfinishedCrawl space

Appliances

AllRefrigeratorStove

Heating

Forced airNatural gas

Cooling

None

Exterior

Vinyl sidingBrick Facing

Foundation

Stone

Community

Fishing

Positive cash flow ~$535/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

11.10%

Cap rate

7.08%

GRM

10.0

Break-even rent

$1,837

Financing

Down payment$57,800

Loan amount$231,200

Mortgage$1,171/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$132

Insurance$80

Maintenance$241

CapEx reserve$120

Vacancy loss$120

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 $1,171/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 23, 2026.