$1,995,000
 $10,710 est/mo Sourced by Back At You

56 West Street,Port Colborne (Sugarloaf), ON L3K4C8

Port Colborne (Sugarloaf), ON L3K4C8

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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). (id:374)

Details

MLS #X13134542
Listing TypeFor Sale
StatusActive
Days On Site170
Listing Provided ByROYAL LEPAGE NRC REALTY | Cindi Pohonick-Talbot

Features

Bed(s)5
Bath(s) 5 Total
SQ Feet3,500
Garage7
BasementY
Story(s)3
ZoningDC
Water FrontYes
Property ViewDirect Water View

Interior

CoolingWindow air conditioner
HeatingNatural gas
AppliancesWasher, Refrigerator, Stove, Dryer, Microwave, Window Coverings
Fireplace Yes / NoYes

Exterior

Security FeaturesSmoke Detectors
Foundation DetailsStone

Parking

Parking FeaturesDetached Garage, Garage
Parking Total7

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount8985

Area Information

ProvinceON
CityPort Colborne (Sugarloaf)
Postal CodeL3K4C8
Listing VS Median (in L3K4C8)
Price:
$1,995,000
low | high
Med:
$559,900
100% of Average
sqft:
3,500
low | high
Med:
1,688
100% of Average
$ / sqft:
$570
low | high
Med:
$332
91.808015298911% of Average
On site:
170
low | high
Med:
132
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityPort Colborne (Sugarloaf)
Postal CodeL3K4C8
Listing VS Median (in L3K4C8)
Price:
$1,995,000
low | high
Med:
$559,900
100% of Average
sqft:
3,500
low | high
Med:
1,688
100% of Average
$ / sqft:
$570
low | high
Med:
$332
91.808015298911% of Average
On site:
170
low | high
Med:
132
100% of Average
Sourced by Back At You
Listing Updated: October 23, 2026 at 8:12:28 AM PDT