For Sale

56 West Street, Port Colborne, Ontario L3K 4C8

$0

56 West Street, Port Colborne, Ontario L3K 4C8 is For Sale and has a listing price of 2,995,000. The property is located in the Port Colborne . It's been on the website for 115 Days.

  • Investment
    Property Type
  • MLS ID: X12154262
  • Office Name ROYAL LEPAGE NRC REALTY
Property Description

Waterfront opportunity along the canals promenade in downtown Port Colborne locates this fabulous and beautifully restored building known as ‘Cornerstone Guest Suites’. 5 units in all, with detached double garage and private parking on 165′ deep lot. Live in the stunning 1,160 sq.ft. penthouse suite on the top floor offering panoramic canal/lake views with hardwood flooring, vaulted ceilings and gas fireplace. Ideal as a boutique hotel, condos, or commercial on main floor and rentals on second and third floors. Built by the engineer who designed the beginning of the Welland Canal in mid 1800’s, this well constructed building, with many updates, offers great future potential and possible expansion for additions. Don’t miss this once in a lifetime chance to own along the canal with the ships from around the world passing by your windows!

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12154262
  • Price: $2,995,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 165
  • Ref ID: X12154262
  • Dir / Cross St: West St. & Sugarloaf St.
  • Status: Active
  • Tax Year: 2025
  • Property Type: Investment
Price History
List Date MLS ID List Price Status End Date Closed Price
05/16/2025 X12154262 $2,995,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Port Colborne
  • $713,233 Average List Price
    based on 1 year
  • 118 New Listings
    based on 30 days
  • 91 Median Days on Market
    based on 1 year
  • List vs. Selling Price 133.01 % Up
  • Sold (12mo) 260
  • Rented (12mo) 48

  • 1 Month Change +7.8%
  • 3 Month Change -24.9%
  • 6 Month Change -20.6%
Walkscore
Property Type Distribution
  • All Houses
    79.56%
  • All Houses/Commercial
    0.01%
  • Commercial
    13.26%
  • Condo
    5.98%
  • Land for Sale
    1.19%
Additional Details
  • Heat Type Other
  • Garage Type Double Detached
  • Parking Spaces: 7
  • Taxes: $8,544
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: immediate if assuming tenants
  • Listing Entry Date: 16/05/2025 16:30:36
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