283 Fares Street, Port Colborne, ON

$499,900
MLS#:X12029937
3 beds
2 baths
1500-2000 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on May 26, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 876 - East Village. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $499,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 44.25 x 132 ft lot
  • Features a unfinished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • Efficient water heating via gas

Description

THIS HOME HAS SOMETHING FOR EVERYONE! From the huge double garage/workshop to the great location that is walking distance to schools, shops and dining in downtown Port Colborne, Victoria Park & Nickel Beach to the beautiful details of this century home, this property is for you! The updated century home boasts large rooms, original woodwork including wainscot, wide baseboards, a handsome staircase and pocket doors. Stained glass catches your eye and draws you into the bright, spacious living room featuring hardwood floors, an electric fireplace and skylight. Entertain in uncrowded comfort in the inviting dining room. The bay window and wainscot add to the charm. The cheery kitchen is full of character with custom cabinets, an abundance of counter space and modern stainless appliances. Enjoy casual dining in the built-in diner style banquet! Handy main floor laundry and stylish 2 pc bath. The classic features of this home can also be found on the second level. The primary bedroom is generous and features wide baseboards and crown moulding. Playroom (den) opening to a bedroom creates the perfect children's area. Four-piece bathroom with statement tiling is big enough to share. Bonus attic space currently used as a gym. Outside, the fully fenced backyard is ready for your green thumb with a vegetable garden and a pond already in place. For the mechanic or hobbyist, the star of the show is the huge double garage already equipped with a lift! Existing 220V and a natural gas line, its waiting for your first project!

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Property Summary

This detached home located at 283 Fares Street, Port Colborne is currently for sale and has been available on SousaSells for 493 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 283 Fares Street, Port Colborne is in the 876 - East Village neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 26, 2025
Sold price information is available to members only
Listed Date3/19/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stucco (Plaster)
BasementUnfinished, Walk-Up
Lot Size44.25 × 132 Feet
CountyNiagara
Annual Tax$2,445.92
Legal DescriptionPT LT 24, E/S FARES ST, PLAN 849, AS IN RO611691, PORT COLBORNE

Parking & Garage

Parking Total5.0
Parking Space3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeWater
CoolingNone

Features

Property Features

Beach, Fenced Yard, Lake/Pond, Park, School

Interior Features

None

Security Features

Community Features

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Location

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283 Fares Street, Port Colborne, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 283 Fares Street, Port Colborne, ON L3K 1W7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Port Colborne.

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Interest Rate4.00%
Down Payment$149,970 (30.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period30 Years
Estimated Monthly Payment$1,664Based on a loan of $349,930 over 30 years.
Purchase Price$499,900
Loan Amount$349,930
Provincial Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$6,473

About Purchasing a Home in Port Colborne, ON

For a property listed at $499,900 in Port Colborne, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 876 - East Village, Port Colborne.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$591,190

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

DeWitt Carter
Public435 Fares Street, Port Colborne, Ontario, L3K 1X4
7.1
Steele Street
PublicSteele Street, Port Colborne, Ontario, L3K 2N7
9.5
McKay
Public320 Fielden Avenue, Port Colborne, Ontario, L3K 4T7
7.4
Oakwood
PublicOakwood Street, Port Colborne, Ontario, L3K 3M5
8.8
St Therese
Public530 Killaly Street East, Port Colborne, Ontario, L3K 1P5
6.5

Secondary Schools

Port Colborne
Public211 Elgin Street, Port Colborne, Ontario, L3K 3K4
6.5
Lakeshore
Public150 Janet Street, Port Colborne, Ontario, L3K 2E7
6.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.

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.