56 West Street,Port Colborne, ON L3K 4C8
Port Colborne, ON L3K 4C8
Description
Attention Investors - Great waterfront opportunity! Situated along the canal-side Promenade in downtown Port Colborne, 'Cornerstone Guest Suites' is a charming and beautifully restored 5-unit (5,000 sq.ft.) property offering exceptional versatility and investment potential. This remarkable building could be converted into condos, boutique hotel, commercial use or continue operating as an apartment building or five guest suites. The top floor features an impressive 1,160 sq. ft. penthouse suite with breathtaking panoramic views of the canal and lake - ideal for owner to occupy. With potential for a boutique hotel, commercial space on the main level and residential rentals on the upper floors, this property offers endless possibilities. Future expansion or redevelopment opportunities add even more value. A rare chance to own a prime waterfront location where ships from around the world glide past your window. Set your own rents for units 1 & 5 (currently being used as short term rentals). Can also be purchased with neighbouring property at 62 West St - known as the 'Captains Quarters Guest Suites' (MLS X12983494)
Details
| MLS # | X13134542 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 100 |
| Listing Provided By | ROYAL LEPAGE NRC REALTY | X13134542 292604 |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 3 |
| Acreage | 0.21 |
| Water Front | Indirect |
| Property View | Canal, Downtown |
Interior
| Interior Features | Storage |
|---|---|
| Cooling | Window Unit(s) |
| Heat Source | Gas |
| Fireplace Yes / No | Yes |
Exterior
| Exterior Features | Deck, Porch, Year Round Living |
|---|---|
| Roof | Asphalt Shingle |
| Foundation Details | Stone |
| Water View | Direct |
| Waterfront Features | Canal Front, Waterfront-Road Between |
| View | Canal, Downtown |
| Construction Materials | Stone, Other |
| Security Features | Carbon Monoxide Detectors, Smoke Detector, Other |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Private |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 8985 |
|---|---|
| Tax Legal Description | PT LT 1 W/S WEST ST PL 987-989 PORT COLBORNE AS IN RO506571; PORT COLBORNE |
| Tax Year | 2025 |
Other
| Docking Type | Marina, Public |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Niagara |
| City | Port Colborne |
| Postal Code | L3K 4C8 |
| Area | 878 Sugarloaf |
| Listing VS Median (in L3K 4C8) | |
Price: $1,995,000 low | high Med: $695,000 On site: 100 low | high Med: 62 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Niagara |
| City | Port Colborne |
| Postal Code | L3K 4C8 |
| Area | 878 Sugarloaf |
| Listing VS Median (in L3K 4C8) | |
Price: $1,995,000 low | high Med: $695,000 On site: 100 low | high Med: 62 | |
