1470 KILLALY Street E, Port Colborne

$599,888
1470 KILLALY Street E

$599,888

Price Change
64d
DetachedBungalow

1470 KILLALY Street E, Port Colborne

Total Monthly Obligation $3,167

Beds
2
Baths
1
Park
6
Sqft
1100-1500
DOM
64d
Score
18
Yield
4.5%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-X13696096
Beds-2
Bathrooms-1
Size-1100-1500 sqft
Lot Size-105 × 140 ft
Listed on site-Aug 20, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,471.19 (2026)
Parking-8 - Detached
Basement-Unfinished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Electric
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Holding Tank
Possession-Flexible
Neighbourhood-874 - Sherkston
Title-Residential Freehold

No agent assigned

Ideal as your 1st home...ideal as your retirement home. Spacious 2 bedroom bungalow in a convenient location on the fringe of desirable Port Colborne. You will love relaxing in front of your cozy fireplace on cold winter nights or family meals in your formal dining room after you cooked your feast in your spacious kitchen with tons of updated cabinets, granite counters and an incredible copper sink! Work from home...the sunroom at the rear of the house is ideal then enjoy a cocktail in your insulated Tiki bar. Love to restore vehicles or need a place to store your boat...you will love this amazing detached garage (735 sq.ft) with an extra driveway and access from Weaver Road! Full basement, natural gas BBQ connection, fenced yard with gazebo complete this great property just a short drive to downtown Port Colborne with its quaint shops and unique eateries, gorgeous Nickel Beach and multiple golf courses! Furnace and A/C (2020), Drilled Well(2020), gas dryer in main floor laundry, hard wood floor (2025), stone counters(2026) new weeping tile with exterior sump pit in the rear yard for year round enjoyment.

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

Closing Costs

Mortgage Amount
$479,910
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,951

Total Monthly Obligation

$3,167/mo
Mortgage $2,420
Monthly Loss $2,531
Principal$637
Interest$1,783
Property Tax$373
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.3%20
10-Year IRR
8.5%
Returns Index
11.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$26,976/yr
NOI
$15,307/yr
Net Cash Flow
-$1,144/mo
Cash Margin
-50.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
24.8/ 100

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

Comparables

Properties near 1470 KILLALY Street E

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.