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20 Erie Street
877 - Main Street Port Colborne L3K 4L7

$1,150,000 /For Sale
Commercial

Main Photo: 20 Erie Street in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X12757304
Photo 1: 20 Erie Street in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X12757304
Photo 2: 20 Erie Street in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X12757304
Photo 3: 20 Erie Street in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X12757304
Photo 4: 20 Erie Street in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X12757304
Photo 5: 20 Erie Street in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X12757304
Photo 6: 20 Erie Street in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X12757304
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Photo 8: 20 Erie Street in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X12757304
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Photo 12: 20 Erie Street in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X12757304
Photo 13: 20 Erie Street in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X12757304
Photo 14: 20 Erie Street in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X12757304
Photo 15: 20 Erie Street in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X12757304
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Photo 17: 20 Erie Street in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X12757304
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12757304
Bus Major:
Apts - 6 To 12 Units
Exceptional Investment Opportunity - Rare income-producing property with character and strong upside potential in the heart of Port Colborne. This purpose-built nineplex was thoughtfully converted from a former church in 2010, creating a distinctive building with excellent unit mix and rental flexibility. This multi-unit property delivers nine self-contained residential units and a large paved parking area with 15 spaces, a significant asset in a market where parking is at a premium. Each unit benefits from separate metering and functional layouts, offering investors stable income today and strong potential to increase rents in the future. The location adds to the appeal - just minutes from downtown Port Colborne, local schools, transit options, shops, restaurants, and the scenic waterfront, making the property attractive to a wide range of tenants.Whether you're expanding your portfolio or entering the multi-family market, this well-maintained & income-producing nineplex combines character, space, and future growth opportunities in one of Niagara's established communities. Unit mix includes 2x1 bed, 6x1 bed+den, and 1x2 bed+den.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
No
Total Area:
6634 sq. ft. Square Feet
Total Area:
6,634 sq. ft.
Office/Apt Area:
6634 sq. ft. Sq Ft
Lot Depth:
124'5"
Lot Frontage:
99'10"
Water supply:
Municipal
Zoning:
CP
Heating type:
Other
Garage:
None
Possession Details:
Immediate
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$11,179.04 / 2025
Assessment:
$- / -
Niagara
Port Colborne
877 - Main Street
Tenants Belongings. Some Appliances belong to tenants.
Utilities:
Yes
Air Conditioning:
Partial
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Feb 04, 2026
Original Price:
Previous Price:
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Listed by RE/MAX PROFESSIONALS INC.
Data was last updated February 6, 2026 at 06:15 PM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
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  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

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When evaluating apartment buildings for sale, consider:

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.