Detached 1.5 Storey House in Port Colborne! Assigned

  • $274,999
  • 3 beds
  • 1 baths
  • 989 sqft

Fix and Flip or Rental Opportunity

$75K BELOW Market Value

Humboldt Parkway

Humboldt Parkway, Port Colborne, ON

Closing Date: October 31st, 2023

** Realtors bring us a client and add your commission on top of the purchase price**

About the Property

Checkout this 1.5 storey detached house in need of some renovations to bring it back to its glory. The property consists of a total of 1623 sqft and sits on a lot size of 41.5ft by 124ft. There is a detached garage on the property that requires some work with the supporting beam but foundationally it’s in good condition.The HWT/AC/Furnace are all rentals but the AC & Furnace will be bought out on closing. The roof is dated as can be seen in photos so we would recommend replacing them. This property is perfect fo an investor looking for a fall fix and flip or BRRR opportunity!

About the Neighbourhood 

The subject property is situated in the North part of Port Colborne. Port Colborne is situated in the South part of Ontario and close to other cities such as Niagara Falls, Fort Erie, and St Catharines to name a few. Port Colborne is about an hour away from Hamilton and about a 30 minute drive to the QEW. Port Colborne is close to many beaches making this area attractive for a short term rental or cottage getaway!

Property Details

  • Detached 1.5 Storey House
  • 2+1 bedrooms
    • 2 bedrooms upstairs
    • 1 den on the main floor
  • 989 sqft above grade
  • 634 sqft below grade
  • Built in 1948
  • Fuses
    • copper wiring
  • Finished basement with a separate entrance
    • Height is around 6ft 2″
  • Furnace/A/C/ HWT are all rentals and put in within the last 5 year
    • Furnace and AC will be bought on closing
  • Roof is old and needs to be replaced
  • Windows are older but are still in good condition
    • The living room window was replaced recently
  • Property taxes are approximately $2664
  • Basement is a smokers
  • Lot size is 41.5ft x 124ft
  • Zoning R2

Recommended Renovations

  • Fix the garage
  • Redo the roof
  • Full cosmetic renovation
  • The seller has the option to leave junk behind so we would recommend budgeting for junk removal
Pictures and More
The Numbers

We are selling our assignable purchase contract for this excellent FIX and FLIP opportunity.

  • Wholesale Price: $274,999
  • We believe that this property is worth $350,000 as-is on the MLS
  • We believe after a full cosmetic renovation the property would sell for $475,000
  • Purchase today for $75K BELOW MARKET VALUE

Comparable Analysis

  • 575 Steele Street sold for $335,000 20 days ago. This 2 bed 1 bathroom bungalow is smaller in size and also comes with a detached garage. The comparable is completely dated throughout and sits on a similar lot size. Unlike the subject property, the comparable is siding exterior. We believe after adjustments the subject property would sell for a price around $350,000 on the MLS.
  • 205 Oakwood Street sold for $450,000 8 days ago! This detached 1.5 storey house bungalow is approximately 1100 sqft and consists of 2+1 bedrooms, 1 bathroom and sits on a similar lot size. The comparable has siding exterior and completely dated throughout. a unit downstairs but the property is dated throughout. Similar to the subject property, the comparable has a detached garage. We believe after the adjustments the subject property would sell for a price around $350,000 on the MLS.
  • 1031 Steele Street sold for $445,000 in July 2023. This detached 1.5 Storey house is larger in size and consists of 3 bedrooms, 1 bathroom and sits on a similar lot size. The comparable has been updated throughout but still dated in some areas. The comparable is siding as opposed to brick and comes with a detached garage. We believe after a full cosmetic renovation this property should sell for at least $475,000 on the MLS
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Need Financing?
Looking for a construction cost estimate?

SLG Renovations will manage the construction of this project from start to finish. If you’re looking for an estimate please email
View our past projects here

If You’re Interested….

Email us at or call Sal at 647-370-0861. Jocelyn can answer any questions you have and set up a time to view the property.


Please Do Not Go Directly to the Property

Port Colborne
Square Feet:
Lot Size:
41.5ft x 124ft
Assignment of Contract
Property Type:
Year Built:

Call 647-930-0291 for more details