59 Omer Avenue, Port Colborne

$479,900
59 Omer Avenue

$479,900

New
9d
Att/Row/Townhouse2-Storey

59 Omer Avenue, Port Colborne

Total Monthly Obligation $2,801

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
9d
Score
19
Yield
5.7%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.2%
10Y IRR
12.8%
Property Type-Att/Row/Townhouse
MLS® Number-X14081812
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-33.07 × 87.6 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-0-5
Taxes-$5,881.65 (2025)
Parking-2 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-877 - Main Street
Title-Residential Freehold

No agent assigned

Welcome to 59 Omer in Port Colborne a recently built (only 3 years ago)Freehold Modern Farmhouse Style, a 2-Storey Freehold Townhome With 3 Bedrooms & 3 Bathrooms which is still like new. This End Unit's Exterior Features A Double Wide Paved Driveway, Beautiful Masonry Stone, Board & Batten Style Vinyl Siding, Including A Beautiful Timber Beam Front Entrance. The Stylish Finishes Continue Inside To The 2000Sq Ft Of Finished Living Space Which Includes A Light Filled Main Floor Great Room, Dining Room With Sliding Doors To The Back Deck And Kitchen (With Large Island, 3 Seat Breakfast Bar, Custom Cabinetry With Glass Door Inserts And Brand Newer Appliances), 2Pc Powder Room And A Stunning Wood And Metal Staircase And Railing. Upstairs You Will Find The Primary Bedroom With 4Pc Ensuite Bathroom And Walk-In Closet As Well As Two More Bedrooms, 5Pc Bathroom With Double Sink And The Laundry Room. The Unfinished Basement Is Ready To Be Customized With Insulation, Vapour Barrier, Some Wiring And A 3Pc Bathroom Rough-In Already In Place. Located Close To Main St W Shops, Restaurants.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$2,801/mo
Mortgage $1,936
Monthly Loss $2,292
Principal$509
Interest$1,426
Property Tax$490
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.8%28
10-Year IRR
9.8%
Returns Index
14.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$27,168/yr
NOI
$14,070/yr
Net Cash Flow
-$763/mo
Cash Margin
-33.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
28.0/ 100

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

Comparables

Properties near 59 Omer Avenue

Time

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