308 Ash Street, Port Colborne

$484,900
308 Ash Street

$484,900

Price Change
18d
DetachedBungalow

308 Ash Street, Port Colborne

Total Monthly Obligation $2,621

Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
18d
Score
17
Yield
4.0%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Detached
MLS® Number-X13863056
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-45 × 156.58 ft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,486 (2026)
Parking-4 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-South
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-878 - Sugarloaf
Title-Residential Freehold

No agent assigned

Welcome to 308 Ash Street, a fantastic property located in Port Colborne's highly sought-after Sugarloaf neighborhood that combines everyday comfort with exceptional outdoor living and hobbyist-friendly features. Inside, the home offers a bright, functional layout designed for easy living, complete with a fully winterized front room that provides comfortable year-round space for a sunroom, home office, or secondary sitting area. The standout heated garage-equipped with its own separate electrical panel-offers the ultimate year-round workshop or vehicle haven, while the fully fenced backyard highlights a beautiful kidney-shaped pool, comfortably heated by its own dedicated solar panel system for energy-efficient summer enjoyment. This stunning backyard oasis also features a pavilion and hot tub for optimal outdoor living. Situated just minutes from the Sugarloaf Marina, H.H. Knoll Lakeview Park, the Welland Canal, and vibrant downtown amenities, this impressive home is ideal for anyone seeking a relaxed lifestyle in one of the area's most desirable locations.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$387,920
Land Transfer Taxes$6,173
Legal Fees (Est.)
$
Total cash required for closing$104,653

Total Monthly Obligation

$2,621/mo
Mortgage $1,956
Monthly Loss $2,107
Principal$515
Interest$1,441
Property Tax$291
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.3%0
5-Year IRR
5.2%12
10-Year IRR
7.0%
Returns Index
7.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$19,500/yr
NOI
$9,564/yr
Net Cash Flow
-$1,159/mo
Cash Margin
-71.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
28.4/ 100

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

Comparables

Properties near 308 Ash Street

Time

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Data last updated within the past 24 hours.