For Sale

180 Fares Street, Port Colborne (876 - East Village), Ontario L3K1W4

$629,000

180 Fares Street, Port Colborne (876 - East Village), Ontario L3K1W4 is For Sale and has a listing price of 629,000. The property is located in the Port Colborne neighbourhood. It's been on the website for 39 Days.

  • Multi-family
    Property Type
  • Other
    Building Type
  • Detached Garage
    Parking
  • 6
    Parking Spaces
  • MLS ID: X12049521
  • Office Name Toronto Real Estate Realty Plus Inc
Property Description

180 Fares St is prepped for development, with plans already in place for four 2-bedroom units and four 1-bedroom units. The building permits just awaits final fee payment for approval. Most of the framing is already completed as per new building permit drawings. The property sits in a high-potential neighborhood that is on the brink of major transformation. It’s set to benefit from several major upcoming projects, including the future City Waterfront Centre, a year-round multi-use hub that will serve cruise ship guests and host community events. Just around the corner, Rankin is wrapping up construction on a 9-storey, 72-unit condo building. Plus, the Marina District is being reimagined with city plans to create 5 to 8 new urban blocks here, with commercial space on the ground floor, residential units above, and new walking paths, parks, and event spaces throughout. The location is unbeatable walking distance to downtown, grocery stores, restaurants, parks, the canal, and more. This is a prime investment opportunity in a rapidly evolving area. Property is being sold as is condition. (id:43137)

Property Details
  • MLS ID: X12049521
  • Price: $629,000
  • Transaction Types: For Sale
  • Ref ID: 28092229
  • Year Built: N/A
  • Building Type: Other
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Port Colborne
  • $727,303 Average List Price
    based on 1 year
  • 19 New Listings
    based on 30 days
  • 83 Median Days on Market
    based on 1 year
  • List vs. Selling Price 127.77 % Up
  • Sold (12mo) 162
  • Rented (12mo) 31

  • 1 Month Change -46.5%
  • 3 Month Change -51.5%
  • 6 Month Change -52.0%
Walkscore
  • 63 Walk Score
    Somewhat Walkable
  • 64 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    78.07%
  • All Houses/Commercial
    0.02%
  • Commercial
    13.33%
  • Condo
    6.84%
  • Land for Sale
    1.74%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Heating System Other
  • Water Municipal Water
  • Exterior Brick
  • Total Parking Spaces: 6
  • Fireplace False
  • Parking Detached Garage, Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 28/03/2025 00:00:00
  • Agent Name: SAWAN KAUR
  • Last Updated: 04/04/2025 21:43:41
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