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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

6 Beds

6 Baths

Save

Est. payment | -/mo

Save

6 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 877 - Main Street

MLS Listing ID X13621770

Style 2-Storey

Bedrooms 6

Annual Tax Amount $7,863

Tax Year 2026

Property Sub-Type Triplex

Property Description

The King Charles: A Newly Built Legal Sixplex Investment in Port ColborneCompleted in 2024, The King Charles is a legal, side-by-side triplex spanning more than 4,300 sq ft in the heart of downtown Port Colborne. The property generates over $200,000 in gross annual revenue and is currently licensed for short-term rental operation, positioning it as a turnkey income asset from day one.Six self-contained units, each with a private entrance, offer flexibility for investors, multi-generational households, or owner-occupiers seeking rental income from the remaining suites. The short-term rental license offers an alternative to long-term tenancy arrangements and the regulatory considerations that can accompany them.The business operates across three seasons. Peak season runs June through September, with May and October as shoulder months. In the low season, November through April, the strategy shifts from tourism toward furnished monthly rentals and room-by-room worker accommodation, sustaining gross revenue of approximately $14,000 per month across all six units.The sale includes all furniture, the infrastructure already in place: a professional cleaning team, established vendors, and existing bookings. This is not simply a property acquisition, but the purchase of a turnkey operating business with cash flow from day one.Built to current code, the property is designed for durability and minimal ongoing maintenance. It sits within walking distance of downtown Port Colborne's shops, restaurants, parks, and schools, with Nickel Beach and Sugarloaf Marina a short drive away, in one of Niagara's most sought-after and fastest-growing communities.For investors seeking a newly built, income-generating multi-unit property, or owner-occupiers interested in living on-site while renting the balance of the building, The King Charles represents a rare opportunity for cash flow from day one.

Location

Province ON

County Niagara

Area Niagara

Zoning RD

Rooms

Family Room Yes

Basement Apartment, Separate Entrance, Full, Finished

Kitchen 2

Interior

Interior Features Other

Cooling Central Air

Inclusions Fridge, Stove, Dishwasher, Washer, Dryer, All Existing Light Fixtures, Wood Sheds, All Existing Furnitures.

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 60.7

Lot Depth 66.63

Total Parking Spaces 6

Building

Foundation Poured Concrete

Others

Senior Community No

ParcelsYN No

Listed by RE/MAX REALTY ENTERPRISES INC.

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664 King ST Port Colborne, ON L3K 4H8