$849,900
2592 3 HIGHWAY
Beds
7
Baths
3
Sqft
—
Year
—
About this home
Rare opportunity to own a versatile 4-acre property featuring two fully detached homes, ideal for multi-generational living, rental income, or a live/work setup. This unique offering includes a barn, garage, chicken coops, and a blend of open land and mature treed areas providing both usability and privacy. Both homes have seen key updates including new septic system, new windows, and two newer boiler systems, along an updated kitchen, all 3 updated bathrooms and flooring in select areas. The property is serviced by two cisterns, offering practical rural living solutions. A truly one-of-a-kind property with endless potential-properties like this don't come around often. 'Third' floor in room sizing is 2nd home. Some photos have been virtually cleared of tenant belongings and/or staged. (id:65958)
- Subtype
- Single Family
- MLS#
- X12990720
- Area
- PORT_COLBORNE_(BETHEL)
Cash on cash
-11.76%
Cap rate
3.54%
GRM
16.7
Break-even rent
$6,003
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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
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.