72 Main Street E 213, Port Colborne

$229,900
72 Main Street E 213

$229,900

New
3d
Condo ApartmentApartment

72 Main Street E 213, Port Colborne

Total Monthly Obligation $1,840

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
3d
Score
28
Yield
10.1%
Cash on Cash
5.8%
Cap Rate
5.8%
5Y IRR
20.3%
10Y IRR
18.5%
Property Type-Condo Apartment
MLS® Number-X14097708
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,495 (2026)
Maintenance-$505.19/mo
Locker-Ensuite
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Foundation-Poured Concrete
Possession-TBD
Neighbourhood-873 - Bethel
Title-Residential Condo & Other

No agent assigned

Priced to sell!! Bonus! Tenant paying for a great investment! 2 bed 1 bath condo currently tenant by a family that has lived in the building for a long time. This condo is bright and cozy with a galley kitchen and huge combined dining room and living room with a walk out to a North facing balcony to watch sunsets. The building is quaint with owners who have pride of ownership. Walk to shops on Main Street across the Welland Canal, walk to Vale Recreation center with ice rink and gym facilities. Enjoy coffees on your private balcony facing the Welland Canal and enjoy the ships going by on the locks and the festivities of living in a small town not far from the tourist shopping, restaurants and wineries. Surfacing parking with unassigned parking for upto 2 cars. Bike storage room available. The building has no elevator and the condo is on the second floor. Agents note commission bonus! Bring your offer!

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

Closing Costs

Mortgage Amount
$183,920
Land Transfer Taxes$2,024
Legal Fees (Est.)
$
Total cash required for closing$49,504

Total Monthly Obligation

$1,840/mo
Mortgage $927
Monthly Loss $1,596
Principal$244
Interest$683
Property Tax$208
Condo Fees$505
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.3%4
5-Year IRR
14.4%67
10-Year IRR
14.5%
Returns Index
34.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 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
$23,280/yr
NOI
$9,995/yr
Net Cash Flow
-$94/mo
Cash Margin
-4.9%2
Cash Flow Index
1.8/ 100
Risk Profile
Weight: 20%
DSCR
0.9020
LTV Ratio
80.0%18
Vacancy Buffer
5.2 mo85
Risk Index
40.9/ 100

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

Comparables

Properties near 72 Main Street E 213

Time

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Data last updated within the past 24 hours.