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For sale · MLS® X13134542

56 West Street, Port Colborne, ON L3K 4C8

Port Colborne, ON L3K 4C8

$1,995,000Property tax (2025): $8,985 / year
175 Days on MLS5 Bedrooms5 BathroomsMultiplex3500-5000 Size56 ft × 165 ft Lot dimensions
Quick cost estimateKnown monthly subtotal$10,031.17 / monthLand transfer tax $36,375One-time estimate
PLANNING ESTIMATE

Quick cost estimate

$10,031.17 / month

Known monthly subtotal

Mortgage principal & interest
$9,282.42
Property tax / month
$748.75
Maintenance / month
Period / amount not reported

Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.

Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.

Land transfer tax · one time

Transfer tax total
$36,375

Before rebates, surcharges and fees. Not part of the monthly subtotal.

Tax assumptions & breakdown

Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.

Ontario tax
$36,375
Toronto municipal tax
$0

Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.

Ontario rates · Toronto rates (April 2026)

Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.

Adjust cost assumptions ↓ · Closing-cost tools

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About this home

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).

Home details

Days on market
Not reported
Property type
Multiplex
MLS® number
X13134542
Source status
Extension
Bedrooms
5
Bathrooms
5
Postal code
L3K 4C8
Kitchens
5
Kitchens above grade
5
Family room / den
No
Interior size (reported range)
3500-5000
Lot depth
165 ft
Garage parking spaces
Not reported
Total parking spaces
7
Occupancy
Tenant
Possession type
Flexible
Garage
Detached
Annual property tax
8985
Basement
Unfinished, Full
Interior features
Storage
Exterior features
Deck, Porch, Year Round Living
Architectural style
3-Storey
Parking features
Private
Pool features
None
Fireplace
Yes
Waterfront
Yes
Elevator
No
Garage available
Yes
Heating system
Water
Heating fuel
Gas
Cooling
Window Unit(s)
Sewer
Sewer
View
Canal, Downtown
Direction facing
West
Construction materials
Stone, Other
Roof
Asphalt Shingle
Foundation
Stone
MLS entry age (not confirmed DOM)
175 days

These details come from the listing source. Please confirm measurements and fees before making a decision.

Utilities and services

Sewer
Sewer
Heating system
Water
Heating fuel
Gas
Cooling
Window Unit(s)

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Rooms & virtual tours

Room measurements

Room measurement units

Loading source-reported room dimensions…

Converted measurements are approximate. Levels and dimensions are shown only when supplied.

Bedrooms above grade
5
Rooms above grade
15
Den / family room reported
No

Reported counts are shown independently. Room dimensions have not been inferred from these counts.

Ask the listing brokerage for floor plans and measured room layouts.

PARTIAL SOURCE RECORD

Listing dates & price record

Asking amount
$1,995,000
  1. Original MLS entry

    Entry into the source MLS system; distinct from days on market.

Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.

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Nearby homes sold near 56 West Street, Port Colborne, ON L3K 4C8, Port Colborne

Nearby sale prices are private. Sign in or request access to see homes that sold.

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Estimate monthly costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

Enter assumptions

Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Explore affordability & closing-cost tools →

Map and neighbourhood

Region / county
NIAGARA
Municipality
PORT COLBORNE
MLS® community
878 - Sugarloaf
See homes for sale in Port Colborne →
PLAN YOUR ROUTE

Plan a trip from this home

Check a route from this property to work, school or another destination. Google Maps provides the current estimate when opened; traffic and departure time affect results.

Google Maps opens in a new tab and calculates the route. Your destination and this property location are sent to Google only when you submit. EnterHome does not store the destination or calculate a travel time.

Around this property

Schools, transit & everyday places

Published local sources. Distances are approximate straight-line distances, not walking routes.

Nearby publicly funded schools

Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.

School year 2024-2025 · Preliminary · publisher extract 2026-09-14.

978 m

Steele Street Public School ↗

Elementary · JK-8 · English · Public

School board: DSB Niagara ↗

214 Steele St, Port Colborne

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
100%
Grade 3 Writing (at provincial standard)
88%
Grade 3 Mathematics (at provincial standard)
81%
Grade 6 Reading (at provincial standard)
94%
Grade 6 Writing (at provincial standard)
94%
Grade 6 Mathematics (at provincial standard)
53%
1.1 km

Port Colborne High School ↗

Secondary · 9-12 · English · Public

School board: DSB Niagara ↗

211 Elgin St, Port Colborne

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 9 Mathematics (at provincial standard)
62%
Grade 10 OSSLT (first-attempt pass)
95%
1.1 km

DeWitt Carter Public School ↗

Elementary · JK-8 · English · Public

School board: DSB Niagara ↗

435 Fares St, Port Colborne

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
89%
Grade 3 Writing (at provincial standard)
92%
Grade 3 Mathematics (at provincial standard)
81%
Grade 6 Reading (at provincial standard)
95%
Grade 6 Writing (at provincial standard)
95%
Grade 6 Mathematics (at provincial standard)
81%
1.3 km

McKay Public School ↗

Elementary · JK-8 · English · Public

School board: DSB Niagara ↗

320 Fielden Ave, Port Colborne

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
79%
Grade 3 Writing (at provincial standard)
69%
Grade 3 Mathematics (at provincial standard)
72%
Grade 6 Reading (at provincial standard)
92%
Grade 6 Writing (at provincial standard)
90%
Grade 6 Mathematics (at provincial standard)
61%
1.8 km

Lakeshore Catholic High School ↗

Secondary · 9-12 · English · Catholic

School board: Niagara CDSB ↗

150 Janet St, Port Colborne

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 9 Mathematics (at provincial standard)
48%
Grade 10 OSSLT (first-attempt pass)
87%
1.8 km

St Patrick Catholic Elementary School ↗

Elementary · JK-8 · English · Catholic

School board: Niagara CDSB ↗

266 Rosemount Ave, Port Colborne

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
92%
Grade 3 Writing (at provincial standard)
92%
Grade 3 Mathematics (at provincial standard)
85%
Grade 6 Reading (at provincial standard)
89%
Grade 6 Writing (at provincial standard)
100%
Grade 6 Mathematics (at provincial standard)
74%
1.8 km

ÉÉC Saint-Joseph ↗

Elementary · JK-8 · French · Catholic

School board: CS catholique MonAvenir ↗

210 Elizabeth rue, Port Colborne

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

No published percentages for these measures in this source record.

2.1 km

St Therese Catholic Elementary School ↗

Elementary · JK-8 · English · Catholic

School board: Niagara CDSB ↗

530 Killaly St E, Port Colborne

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
62%
Grade 3 Writing (at provincial standard)
69%
Grade 3 Mathematics (at provincial standard)
77%
Grade 6 Reading (at provincial standard)
100%
Grade 6 Writing (at provincial standard)
95%
Grade 6 Mathematics (at provincial standard)
35%

Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.

Transit near this property

No current nearby stops were returned by the installed TTC, GO Transit and UP Express datasets. Coverage and service dates vary; distances and travel times are not inferred.

Nearby shops & amenities

No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.

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Similar homes for sale in Port Colborne

Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.

Property questions

How do I request a showing?

Choose a date and time preference in the request form. A request is not a confirmed appointment; EnterHome will confirm availability separately.

Are the measurements and features independently verified?

Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.

What do nearby school, transit and shop results mean?

They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.

Can I see sold prices for nearby properties?

Sold and leased comparable records are shown only to approved VOW users where the source permits display. Sign in or request VOW access if prompted.

How should I use the monthly cost estimate?

It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.

Home and neighbourhood overview

56 West Street, Port Colborne, ON L3K 4C8, Port Colborne is listed for sale as a Multiplex. The listing reports 5 bedrooms, 5 bathrooms, reported interior area of 3500-5000 (units not reported), kitchens reported as 5, parking spaces reported as 7. Asking price: $1,995,000. Occupancy is reported as Tenant. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® X13134542.

The Ministry’s school dataset lists Steele Street Public School approximately 978 m from the property’s mapped location.

Local context

The Ministry’s school dataset lists Steele Street Public School approximately 978 m from the property’s mapped location.

Sources & distance notes

Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility.

Explore the area: Port Colborne · 878 - Sugarloaf.

This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.

Listing brokerage: ROYAL LEPAGE NRC REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13134542. Information deemed reliable but not guaranteed.

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Property at 56 West Street, Port Colborne, ON L3K 4C8