72 Main Street E 327, Port Colborne

$309,900
72 Main Street E 327

$309,900

New
2d
Condo Apartment3-Storey

72 Main Street E 327, Port Colborne

Total Monthly Obligation $2,191

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
2d
Score
20
Yield
6.9%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.8%
Property Type-Condo Apartment
MLS® Number-X14102748
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 21, 2026
Style-3-Storey
Building Type-Condo Apartment
Taxes-$2,943.84 (2026)
Maintenance-$495.43/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-877 - Main Street
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and spacious 2 bedroom, 1 bathroom third floor unit in a well maintained 3 storey walk up. Offering a comfortable layout and a fantastic location, this home features updated flooring throughout the main living spaces (2022), a refreshed kitchen (2022), and an updated bathroom with new vanity, toilet and flooring, all completed in 2024. The updated sliding door (2024) leads to a beautiful walk-out balcony, offering a great outdoor space to enjoy your morning coffee, unwind at the end of the day, and take in views of ships making their way through the Welland Canal. Ideally located with quick access to Highway 140, making commuting convenient, and just a short drive to downtown Port Colborne and all it has to offer. Bright rooms, thoughtful updates, a spacious balcony and a location that puts you close to everyday conveniences. A great opportunity for first time buyers, down sizers or anyone looking for comfortable, low maintenance living in Port Colborne.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$247,920
Land Transfer Taxes$3,124
Legal Fees (Est.)
$
Total cash required for closing$66,604

Total Monthly Obligation

$2,191/mo
Mortgage $1,250
Monthly Loss $1,862
Principal$329
Interest$921
Property Tax$245
Condo Fees$495
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.7%22
10-Year IRR
9.1%
Returns Index
12.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$21,396/yr
NOI
$7,967/yr
Net Cash Flow
-$586/mo
Cash Margin
-32.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo75
Risk Index
32.9/ 100

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

Comparables

Properties near 72 Main Street E 327

Time

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Data last updated within the past 24 hours.