72 E Main Street E 211, Port Colborne

$249,900
72 E Main Street E 211

$249,900

New
57d
Condo ApartmentOther

72 E Main Street E 211, Port Colborne

Total Monthly Obligation $1,983

Beds
2
Baths
1
Park
2
Sqft
800-899
DOM
57d
Score
24
Yield
9.4%
Cash on Cash
2.5%
Cap Rate
5.1%
5Y IRR
17.6%
10Y IRR
16.2%
Property Type-Condo Apartment
MLS® Number-X13718798
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Aug 27, 2026
Style-Other
Building Type-Condo Apartment
Taxes-$3,239 (2025)
Maintenance-$505/mo
Locker-Common
Parking-2 - None
Basement-Other
Heating-Baseboard (Electric)
Brokerage-RE/MAX GARDEN CITY REALTY INC, BROKERAGE
Cooling-Wall Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-873 - Bethel
Title-Residential Condo & Other

No agent assigned

Welcome to 72 Main Street East in the heart of Port Colborne - a well-located 2-bedroom, 1-bathroom condo offering comfortable, low-maintenance living in one of Niagara's fastest-growing waterfront communities. Complete with in-suite laundry and spacious living areas, this home is ideal for professionals, couples, retirees, or investors seeking convenience and lifestyle. Located steps from the Welland Canal, residents can enjoy Port Colborne's vibrant downtown filled with local shops, cafes, restaurants, and year-round events. The area continues to grow in popularity thanks to major regional investment and its affordable waterfront lifestyle. Enjoy easy access to some of the city's top attractions, including Nickel Beach, the Port Promenade, scenic canal-side walking and cycling trails, Sugarloaf Marina, and the Vale Health & Wellness Centre featuring fitness, swimming, and skating facilities. Local dining favourites such as Breakwall Brewing Company, The Smokin' Buddha, and Eh Amigos Cantina are all nearby. Adding to the charm, the iconic Dairy Queen is just steps away - one of Canada's oldest operating Dairy Queen locations, established in 1954 and loved for its nostalgic character. Whether you're looking for a peaceful place to call home or a great investment opportunity, 72 Main Street East offers comfort, convenience, and access to everything that makes Port Colborne one of Niagara's hidden gems.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$199,920
Land Transfer Taxes$2,224
Legal Fees (Est.)
$
Total cash required for closing$53,704

Total Monthly Obligation

$1,983/mo
Mortgage $1,008
Monthly Loss $1,718
Principal$265
Interest$743
Property Tax$270
Condo Fees$505
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.1%2
5-Year IRR
12.2%51
10-Year IRR
12.7%
Returns Index
26.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$23,400/yr
NOI
$9,361/yr
Net Cash Flow
-$228/mo
Cash Margin
-11.7%0
Cash Flow Index
0.5/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
4.8 mo81
Risk Index
37.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 72 E Main Street E 211

Time

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Data last updated within the past 24 hours.