664 King Street

ActivePort Colborne · 877 - Main Street7 days on marketMLS® X13621770
$849,990
$243 / sq ft
Bedrooms6
Bathrooms6
Interior3,500 sq ft
TypeMulti-Family
ListingFor Sale
Days on Market7

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.

Features & finishes

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Air Conditioning
Basement

Property details

MLS® NumberX13621770
StatusActive
Listing TypeFor Sale
Property TypeMulti-Family
Interior Size3,500 sq ft
Beds / Baths6 bed · 6 bath
Neighbourhood877 - Main Street
CityPort Colborne
Postal CodeL3K 4H8
ProvinceON
Listed DateJuly 30, 2026
Days on Market7
Price per Sq Ft$243
BrokerageRE/MAX REALTY ENTERPRISES INC.

Location

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Listed by RE/MAX REALTY ENTERPRISES INC.