Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 873 - Bethel. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,350,000 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.
4.6 acres total of residential development land in Port Colborne with city services on Chippawa Road, and options for development. Potential to develop where house currently sits, leading to 4.2 acres of residential development land. House could be rented in the interim, while preparing plans to develop or holding. Great opportunity for investors/developers in the charming lake town of Port Colborne, just 5 minutes from the future Asahi Kasei battery plant.
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Data-driven valuation for 194 Chippawa Road, Port Colborne, ON L3K 1T7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Port Colborne.
About Purchasing a Home in Port Colborne, ON
For a property listed at $1,350,000 in Port Colborne, the legal minimum down payment is $270,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $23,475 for this transaction. As this listing is in Port Colborne (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $23,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.