Welcome to this remarkable commercial retail located in the coveted neighborhood of 878 - Sugarloaf. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $469,900 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.
Commercial opportunity in the heart of Downtown Port Colborne! Offering approximately 1,150 sq. ft. of main floor space plus a full basement, this property provides excellent flexibility for a wide range of business uses. Bright front windows offer strong visibility and exposure along one of Port Colborne's busiest downtown streets, while the rear access off Market Square adds convenience for staff, deliveries, or a potential loading area. The back of the property also offers approximately 2-3 parking spaces, with additional public parking nearby. Located close to Market Square and the municipal public parking lot, this property sits within Downtown Commercial zoning, which permits a variety of potential uses, including the possibility of a residential unit in addition to the commercial space. The property is also located within the Façade and Property Improvement Grant CIP Area, offering potential incentive opportunities for future improvements. A great opportunity for retail, service, office, studio, residential/commercial mixed use, or other downtown commercial ventures.
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Data-driven valuation for 216 King Street, Port Colborne, ON L3K 4G7
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 $469,900 in Port Colborne, the legal minimum down payment is $23,495 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 $5,873 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 $5,873.
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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.