51 Union Street, Port Colborne

$499,000
51 Union Street

$499,000

New
29d
Detached2-Storey

51 Union Street, Port Colborne

Total Monthly Obligation $2,670

Beds
3
Baths
1
Park
2
Sqft
1100-1500
DOM
29d
Score
20
Yield
5.4%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Detached
MLS® Number-X13824554
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-40 × 130 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,389.79 (2025)
Parking-4 - Detached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-NEST SEEKERS INTERNATIONAL REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Fibreglass Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-877 - Main Street
Title-Residential Freehold

No agent assigned

A beautifully maintained two-storey family home offering timeless comfort and exceptional pride of ownership. Thoughtfully cared for over the years, this inviting residence features three bedrooms, a full bathroom and an unfinished basement, with future potential to add a primary ensuite bath, powder room in the foyer and another bedroom plus full bathroom in the basement. Enjoy quiet mornings on the covered front porch or spend summer evenings entertaining on the spacious two-tier deck overlooking the private backyard. A detached double-car garage, complemented by a large storage shed or workshop, provides outstanding space for hobbies, projects and everyday convenience. With plenty of recent upgrades, the heavy lifting has already been done for you. Ideally situated in one of Port Colborne's established neighbourhoods, 51 Union Street is a home ready to welcome its next chapter.

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

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$2,670/mo
Mortgage $2,013
Monthly Loss $2,141
Principal$530
Interest$1,483
Property Tax$282
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.8%34
10-Year IRR
10.5%
Returns Index
18.1/ 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
$26,700/yr
NOI
$16,140/yr
Net Cash Flow
-$668/mo
Cash Margin
-30.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
29.6/ 100

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

Comparables

Properties near 51 Union Street

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.

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Data last updated within the past 24 hours.