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. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Industrial/commercial property on 1.73 acres in Port Colborne, offering over 9,100 sq. ft. of versatile building space across three steel structures which are currently being used for various stages of the commercial/industrial sandblasting and refinishing business. business. Building 1 has a GFA of 2,950 sq/feet split between 3 paint rooms. Building 2 has two large bays and consists of 4,818sq. ft on the ground floor with a 2nd level storage area of 206 sq. ft. One of the bays features a crane. Building 2 also features a 2pc bathroom. Building 3 has 1,207 sq/ft GFA. The Quonset Hut recently had spray-foam applied to the interior. It features a bar/kitchenette area at the rear of the building and features a single hoist. Two additional green house style structures are located on the site and used for sand storage. Ceiling heights range from 8 to 24 ft, with electrical services from 100 to 400 amps and gas radiant heating throughout. Additional site improvements include office trailers (one tenant-rented), ample surface parking, sea-can storage, and sand storage facilities .Perfect for owner-users or investors, this well-maintained property is adaptable for a wide range of industrial and commercial uses and is conveniently located with access to major transportation routes.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$8,076/mo
Mortgage (principal + interest)$5,608
Property taxFrom listing: $29,625/yr$2,469
Minimum $124,900 down for this price; the slider moves in whole percent, starting at 9%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$299,800
Ontario land transfer taxProvincial brackets, no first-time refund$26,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$329,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Port Colborne has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. 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.
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