56 West Street, Port Colborne, ON

$2,250,000
MLS#:X13134542
5 beds
5 baths
3500-5000 sqft
7.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["3-Storey"] multiplex located in the coveted neighborhood of 878 - Sugarloaf. Expertly crafted featuring premium stone and other construction, this residence presents an exceptional opportunity offered at $2,250,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 5 Bathrooms with 5 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 56 x 165 ft lot
  • Features a ["unfinished", "full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Storage
  • equipped with ["window unit(s)"] central cooling and highly efficient water heating via gas

Waterfront - Situated along the canal-side Promenade in downtown Port Colborne, 'Cornerstone' 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 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. Can also be purchased with neighbouring property at 62 West St - known as the 'Captains Quarters Guest Suites' (MLS X12983494)

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Key Features

Bedrooms
5
Bathrooms
5
Kitchens
5
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/15/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionStone, Other
Lot Size56 × 165 Feet
CountyNiagara
Annual Tax$8,985
Legal DescriptionPT LT 1 W/S WEST ST PL 987-989 PORT COLBORNE AS IN RO506571; PORT COLBORNE

Parking & Garage

Parking Spaces7.0
Garage Spaces5
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeWater
Cooling["Window Unit(s)"]

Features

Property Features

Community Features

Location

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56 West Street, Port Colborne, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 56 West Street, Port Colborne, ON L3K 4C8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$1,800,000
Monthly Mortgage$10,459
Property Tax (Est.)$749
Utilities & Maint.$350
Total Monthly Cost$11,558

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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56 West Street, Port Colborne - 5 Bed 5 Bath Home For Sale | MLS# X13134542 | ZooZaa | SousaSells Real Estate