292 Fares St is a 2-bedroom, 2-bathroom duplex in Port Colborne, listed for $499,000. It has 1500-2000 sq ft of living space.
1Discover a RARE OPPORTUNITY with this LEGAL side-by-side DUPLEX.
2Fully compliant with city safety and occupancy standards, this duplex features above-grade units, SEPARATE HYDRO METERS, and modern finishes including carpet-free flooring and stainless steel appliances.
3Peace of mind comes standard with ROOF (2018), FURNACE (2021), and AIR CONDITIONER (2021).
Discover a RARE OPPORTUNITY with this LEGAL side-by-side DUPLEX. Ideal for homeowners and investors alike, this versatile property offers TWO compelling opportunities: live comfortably in one unit while generating rental income from the other to help offset mortgage costs, OR maximize your investment potential by renting both units at current market rates. Whether you're looking to combine lifestyle with income or build long-term wealth through rental revenue, this duplex delivers the flexibility to make your property work for you. Fully compliant with city safety and occupancy standards, this duplex features above-grade units, SEPARATE HYDRO METERS, and modern finishes including carpet-free flooring and stainless steel appliances. Peace of mind comes standard with ROOF (2018), FURNACE (2021), and AIR CONDITIONER (2021). Situated in a thriving community, this property offers close proximity to local amenities, schools, and transportation-making it highly attractive to tenants and future buyers alike. Add this to your FAVORITES as the perfect blend of comfortable living and built-in rental income-an opportunity to live well while your property helps pay the way.
2 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $333 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 292 Fares St
Every detail from the listing, in one place.
Type
Duplex
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
2 spaces
Basement
Unfinished, Full
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Unfinished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Duplex
292 Fares St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14080612$499,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 292 Fares St 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
$2,451
/mo
based on the purchase price of $499,000
$99,800 cash
$399,200 financed
$336,231 total interest
Principal54%$399,200
Interest46%$336,231
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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.
For homeowners nearby
Own a home on Fares Street? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 292 Fares St with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 292 Fares St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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.
Similar homes for sale nearby in Port Colborne
Other 4–5 bed homes for sale in Port Colborne around $499K.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio94.9%On average, homes sold below asking.
Active listings225Homes for sale here right now.
Median vs prior 90 days−9.7%Compared with Apr 18 – Jul 17, 2026: prices down.
Based on 98 sales from Jul 17 – Oct 15, 2026 (75 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 292 Fares St
How much is 292 Fares St listed for?
292 Fares St is listed at $499,000 (MLS® X14080612). Summitly updates the price as soon as the MLS® record changes.
Is $499,000 a good price for 292 Fares St?
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 292 Fares St changed?
No — 292 Fares St is still listed at its original asking price of $499,000.
How many bedrooms and bathrooms does 292 Fares St have?
292 Fares St has 2 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a duplex in Port Colborne.
How much would the monthly mortgage be on 292 Fares St?
About $2,451 a month — principal and interest on $499,000 with 20% down ($99,800), 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 292 Fares St compare with other homes in Port Colborne?
Its asking price of $499,000 is about 9% above the median sold price in Port Colborne over the last 90 days, $456,250, across 98 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 292 Fares St been sold before?
Summitly has no earlier MLS® sale or lease of 292 Fares St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 292 Fares St?
292 Fares St is in Port Colborne, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 292 Fares St been on the market?
292 Fares St was listed today (October 15, 2026).
What is the price per square foot of 292 Fares St?
About $250 to $333 per square foot: the asking price of $499,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 292 Fares St have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 292 Fares St have a basement, and is it finished?
The listing describes the basement as: Unfinished, Full.
