This is an incredible prime opportunity to own a well built triplex in a convenient & desirable downtown location in Port Colborne. Situated in a High Traffic area on revitalized Main St W, this property offers the perfect balance of comfort and convenience, making it an ideal investment with good cash flow opportunity or multi-family property. This charming triplex features a 1 bedroom and a 2 bedroom unit on the main floor and a 1 bedroom unit upstairs. Each comes with their own classic character. Kitchens are well-equipped and bedrooms are spacious. Each Separately metered and 2 hot water tanks providing added privacy and efficiency for the tenants. The shared outdoor space adds appeal. The thoughtful layout includes separate entrances allowing for privacy and separation within each unit. Basement has its own door which can be shared for storage and laundry facilities. With a large front picture window, the front air conditioned 1 bedroom unit can be converted to a commercial space. In addition, the property provides 8 parking spots ensuring that residents and visitors have no trouble finding space. Whether you're looking to add to your real estate portfolio or enjoy a peaceful living environment with rental income potential, this purpose built triplex offers great value in a fantastic location. One unit currently tenanted, this triplex is a reliable income-generating asset. The property's potential cash flow makes it an ideal choice for investors seeking a stable and lucrative addition. Don't miss this opportunity to secure a property that merges timeless appeal with strong rental potential. Builders & developers take note: the city permits additional units to be built determined by how many parking there are. Only minutes away from local beaches, shopping, & restaurants, this unique property offers an opportunity that can't be missed. Independent Addresses: 219, 221 and 223 Main St W.
4 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $258 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 223 Main St W
Every detail from the listing, in one place.
Type
Triplex
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
8 spaces
Basement
Unfinished
Features & systems
Parking & garage
Parking spaces
8
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Triplex
223 Main St W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13582758$515,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 223 Main St W Compares to the Port Colborne Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,530
/mo
based on the purchase price of $515,000
$103,000 cash
$412,000 financed
$347,012 total interest
Principal54%$412,000
Interest46%$347,012
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 223 Main St W
Homes for sale in Port Colborne
Every active Port Colborne MLS® listing, updated all day.
Average days on market50Homes sold in about 50 days on average.
Sale-to-list ratio94.4%On average, homes sold below asking.
Active listings192Homes for sale here right now.
Median vs prior 90 days−8.5%Compared with May 16 – Aug 14, 2026: prices down.
Based on 97 sales from Aug 14 – Nov 12, 2026 (71 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 223 Main St W
How much is 223 Main St W listed for?
223 Main St W is listed at $515,000 (MLS® X13582758). Summitly updates the price as soon as the MLS® record changes.
Is $515,000 a good price for 223 Main St W?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Port Colborne. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 223 Main St W changed?
No — 223 Main St W is still listed at its original asking price of $515,000.
How many bedrooms and bathrooms does 223 Main St W have?
223 Main St W has 4 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a triplex in Port Colborne.
How much would the monthly mortgage be on 223 Main St W?
About $2,530 a month — principal and interest on $515,000 with 20% down ($103,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 223 Main St W compare with other homes in Port Colborne?
Its asking price of $515,000 is about 12% above the median sold price in Port Colborne over the last 90 days, $460,000, across 97 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 223 Main St W been sold before?
Summitly has no earlier MLS® sale or lease of 223 Main St W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 223 Main St W?
223 Main St W is in Port Colborne, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 223 Main St W been on the market?
115 days — 223 Main St W was listed on July 20, 2026.
What is the price per square foot of 223 Main St W?
About $206 to $258 per square foot: the asking price of $515,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 223 Main St W have parking or a garage?
Yes — the listing gives 8 parking spaces.
Does 223 Main St W have a basement, and is it finished?
The listing describes the basement as: Unfinished.
