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For sale · MLS® X13134542

56 West Street, Port Colborne, ON L3K 4C8

Port Colborne, ON L3K 4C8

$1,995,000Asking price
5 Bedrooms5 Bathrooms— Reported areaMultiplex Type

About this property

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).

Property facts & features

Property type
Multiplex
MLS® number
X13134542
Source status
Price Change
Bedrooms
5
Bathrooms
5
Reported interior area
Not provided
Neighbourhood
Not provided
Postal code
L3K 4C8
Parking spaces
7
Garage
Detached
Lot depth (source units)
165
Annual property tax
8985
Basement
Unfinished, Full
Laundry
Not provided
Interior features
Storage
Exterior features
Deck, Porch, Year Round Living

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Current authorized listing record

Price Change · $1,995,000

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

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

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Location & neighbourhood

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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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