128 Adelaide Street, Port Colborne

$475,000
128 Adelaide Street

$475,000

New
2d
DetachedBungalow

128 Adelaide Street, Port Colborne

Total Monthly Obligation $2,561

Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
2d
Score
18
Yield
4.1%
Cash on Cash
-7.4%
Cap Rate
3.0%
5Y IRR
9.7%
10Y IRR
10.0%
Property Type-Detached
MLS® Number-X14102012
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-33.09 × 165 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,235.43 (2026)
Parking-3 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-878 - Sugarloaf
Title-Residential Freehold

No agent assigned

You'll fall in love with this adorable 2+1 bedroom bungalow in vibrant Port Colborne! The inviting open-concept living area features an updated kitchen, while the bright bathroom boasts an incredible soaker tub. With two bedrooms on the main floor and an additional bedroom in the lower level, there's flexibility for growing families or multi-generational living. The walk-up attic offers exciting potential for a kids' hangout, hobby space or extra storage. Enjoy peaceful mornings on the covered, private rear deck and relaxing evenings on the front porch, chatting with neighbours before heading out for a stroll to H.H. Knoll Park or along the scenic Welland Canal promenade. Notable updates include vinyl windows, a forced-air furnace (2023), updated breakers and a fenced yard. Experience all that Port Colborne has to offer, from golf and scenic walking and biking trails to fishing, unique boutiques and fantastic local eateries!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$380,000
Land Transfer Taxes$5,975
Legal Fees (Est.)
$
Total cash required for closing$102,475

Total Monthly Obligation

$2,561/mo
Mortgage $1,916
Monthly Loss $2,056
Principal$504
Interest$1,412
Property Tax$270
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.9%0
5-Year IRR
5.6%13
10-Year IRR
7.2%
Returns Index
7.7/ 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
$19,500/yr
NOI
$9,815/yr
Net Cash Flow
-$1,098/mo
Cash Margin
-67.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
29.0/ 100

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

Comparables

Properties near 128 Adelaide Street

Time

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