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98 St Arnaud Street, Port Colborne, ON L3K 1M1

Investment
$550,000

This property features three separate units, offering flexibility for a variety of living arrangements. Whether you are looking for a multi-generational home, an income-generating investment, or a combination of both, this triplex provides excellent potential. The property includes one 3-bedroom unit and two 1-bedroom units, with existing tenants in place to help provide immediate income and financial stability. Located in a well-established neighbourhood close to the canal, nearby schools including DeWitt Carter and Lakeshore Catholic, and convenient access to Highway 140 and Highway 3.With new development happening nearby around Welland Street and the Clarence Street Bridge, this is a great opportunity to add to your real estate portfolio, make improvements at your own pace, and benefit from future potential.

MLS number
X13205384
Type
Investment
Status
Active
Bedrooms
Bathrooms
Postal code
L3K 1M1
Photos
3
Property tax
$3,146 / year
109days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
DeWitt Carter Public School
DSB Niagara
Elementary143 m8.9 / 10
89% met the standard
Lakeshore Catholic High School
Niagara CDSB
Secondary623 m6.8 / 10
68% met the standard · 2 of 6 measures
ÉÉC Saint-Joseph
CS catholique MonAvenir
Elementary947 m9.0 / 10
90% met the standard · 3 of 6 measures
McKay Public School
DSB Niagara
Elementary949 m7.7 / 10
77% met the standard
Port Colborne High School
DSB Niagara
Secondary1.0 km7.9 / 10
79% met the standard · 2 of 6 measures
Steele Street Public School
DSB Niagara
Elementary1.3 km8.5 / 10
85% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 446 people.

$56,400Median household income
53.8%Own their home
60.5%Detached houses
42.4Median age
7.5%Born outside Canada
7.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35260667 — the few blocks around this address, home to 446 people. It describes the area, not this property.

446Population
42.4Average age
2.1Household size
$61,200Average household income
$56,400Median household income
54%Own their home
46%Rent
0%Condominiums
8%Born outside Canada
8%University degree
$365,000Average home value
21%Low income
33%Never married
$15,000 to $19,9994%
$20,000 to $24,9997%
$25,000 to $29,9994%
$30,000 to $34,9994%
$35,000 to $39,9994%
$40,000 to $44,9997%
$45,000 to $49,9994%
$50,000 to $59,9999%
$60,000 to $69,99911%
$70,000 to $79,9994%
$80,000 to $89,99911%
$90,000 to $99,9994%
$100,000 and over13%
$100,000 to $124,9997%
$125,000 to $149,9992%
$150,000 to $199,9994%

Percentages are of the 230 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$110,000 · minimum here is $30,000
$2,435.28per month
Borrowed before insurance$440,000
Total borrowed$440,000
Interest over 25 years at 4.5%$290,584

If you rented it out

-$2,697.45per month out of pocket
Rent$0.00
Everything it costs to hold$2,697.45
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE. Listing data provided by the Toronto Regional Real Estate Board.