56 West ST, Port Colborne, ON L3K 4C8
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56 West ST, Port Colborne, ON L3K 4C8
56 West ST, Port Colborne, ON L3K 4C8
56 West ST, Port Colborne, ON L3K 4C8
56 West ST, Port Colborne, ON L3K 4C8
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DEV BHATTI

DEV BHATTI

+1(416) 829-7119
$ 1,995,000
Est. payment /mo
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Price Dropped by $197.5M

56 West ST Port Colborne, ON L3K 4C8

5 Beds

5 Baths

UPDATED:

Key Details

Property Type Multi-Family, freehold, residential

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 878 - Sugarloaf

MLS Listing ID X13134542

Style 3-Storey

Bedrooms 5

Annual Tax Amount $8,985

Tax Year 2025

Property Sub-Type Multiplex

Property 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)

Location

Province ON

County Niagara

Area Niagara

Body of Water Welland Canal

Rooms

Family Room No

Basement Unfinished, Full

Kitchen 5

Interior

Interior Features Storage

Cooling Window Unit(s)

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Deck, Porch, Year Round Living

Parking Features Private

Garage Spaces 2.0

Pool None

Waterfront Description Indirect

View Canal, Downtown

Roof Type Asphalt Shingle

Road Frontage Year Round Municipal Road

Lot Frontage 56.0

Lot Depth 165.0

Total Parking Spaces 7

Building

Building Age 100+

Foundation Stone

Others

Security Features Carbon Monoxide Detectors,Smoke Detector,Other

ParcelsYN Yes

Listed by ROYAL LEPAGE NRC REALTY
DEV BHATTI

DEV BHATTI

Sales Representative | License ID: 4781863

+1(416) 829-7119

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56 West ST