664 King Street, Port Colborne, ON L3K 4H8
$849,990
activeNEW
About This Property
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.
Property Details
Multi-Family
Active
X13621770
6
6
3,500
877 - Main Street
July 30, 2026
Features & Amenities
Location
View on Google Maps
664 King Street, Port Colborne, ON L3K 4H8
664 King Street, Port Colborne, ON L3K 4H8
Listing Information
Listing Information
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information contained in this website is from sources believed to be reliable, but is not guaranteed. It is the responsibility of each real estate agent/salesperson to verify all information. This communication is not intended to cause or induce a breach of any existing agency relationship.
Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9