177 Erie Street, Port Colborne, ON
L3K 4M5
Listed July 6, 2026
About this property
Solid income property with two tenants already in place, an easy add for an investor's portfolio or a smart entry point for a buyer looking to offset their mortgage! Two full two-bedroom units, each with in-suite laundry and separate utility accounts, keep things simple on the expense side.The lower unit comes with garage access and a basement with poured concrete walls, ready for storage or a future build-out. Upstairs feels bright and open, with a gas fireplace and a covered porch that tenants love.Both suites are pet-free and leased month-to-month to easygoing, established tenants. Add a deep, private backyard and a price built for value, and this one checks a lot of boxes. Priced to sell book your showing today!
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 177 Erie Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$85,000 · Minimum $21,250
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2025 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$2,940/mo
About $35,280 a year
- $1,880
- $251
- Home insurance$125
- Utilities$330
- Maintenance & repairs$354
Cash needed to close
- Down payment (20%)
- $85,000
- Ontario land transfer tax
- $4,975
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $92,475
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
177 Erie Street, Port Colborne, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: July 6, 2026
Listing Office: COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
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