56 West Street, Port Colborne, ON

$1,995,000
MLS#:X13134542
5 beds
5 baths
3500-5000 sqft
7.0 parking
Residential Freehold
Residential Freehold for sale - 5 Bed, 5 Bath Home at 56 West Street Port Colborne ON listed at $1,995,000 (MLS# X13134542) - Main View
For Sale
Added:May 15, 2026(174 days ago)
Updated:Oct 30, 2026(6 days ago)
Last Checked:13 minutes ago

Property Highlights

Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Sugarloaf. Expertly crafted featuring premium stone and other construction, this residence presents an exceptional opportunity offered at $1,995,000 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
  • Ample parking with 2.0 garage spaces (7.0 total parking spaces) with a convenient detached configuration
  • Notable attributes: Storage
  • equipped with window unit(s) central cooling and highly efficient water heating via gas

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).

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Property Summary

This multiplex located at 56 West Street, Port Colborne is currently for sale and has been available for 174 days. This property is listed at $1,995,000 with an estimated mortgage of $6,641* per month. It has 5 beds, 5 bathrooms, and is 3500-5000 square feet. 56 West Street, Port Colborne is in the Sugarloaf neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 5 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Sugarloaf, Port Colborne.

Highly Recommended for Families
What We Love About This Home
  • •5 spacious bedroom layout offering versatile living space
  • •5 well-appointed bathrooms
  • •3500-5000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Sugarloaf, Port Colborne.

Target Buyer Match

Key Features

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

Additional Details

StatusActive
Price$1,995,000
AddedMay 15, 2026 (174 days ago)
UpdatedOct 30, 2026 (6 days ago)
Last Checked13 minutes ago
Transaction TypeFor Sale
List Office NameROYAL LEPAGE NRC REALTY

Property Details

Property Sub-TypeMultiplex
Architectural Style3-Storey
ConstructionStone, Other
BasementUnfinished, Full
Lot Size56 Ă— 165 Feet
CountyNiagara
Annual Tax$8,985
Rental Itemshot water heater
Legal DescriptionPT LT 1 W/S WEST ST PL 987-989 PORT COLBORNE AS IN RO506571; PORT COLBORNE

Parking & Garage

Parking Total7.0
Parking Space5
Garage Parking2.0
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeWater
CoolingWindow Unit(s)

Features

Property Features

None listed

Interior Features

  • Storage

Security Features

  • Carbon Monoxide Detectors
  • Smoke Detector
  • Other

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Port Colborne Home Buyer Advisory & Market HubActive MLS® Listing in Port Colborne, Ontario

Looking to Buy a Home in Port Colborne?

If you are looking for a house in Port Colborne or researching Port Colborne real estate for sale, this 5-bedroom multiplex at 56 West Street, Port Colborne, ON offers an exceptional opportunity to buy a home in Port Colborne, Ontario. Whether you are a first-time Port Colborne home buyer or comparing active Port Colborne MLS® homes for sale, working with a dedicated Port Colborne buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Port Colborne Homes for Sale & MLS® Listings

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Dedicated Port Colborne Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Port Colborne realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Port Colborne Buyer Budget & Costs

Estimated mortgage: $6,641*/month*. Estimated Ontario Land Transfer Tax: $36,375. First-time Port Colborne home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Port Colborne

Frequently Asked Questions about 56 West Street, Port Colborne, ON

Q.What is the asking price for 56 West Street, Port Colborne, ON ?

The current listing price for 56 West Street, Port Colborne, ON in Sugarloaf, Port Colborne is $1,995,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 5 bedrooms and 5 bathrooms across approximately 3500-5000 sqft.

Q.What property type and architectural style is 56 West Street, Port Colborne, ON ?

56 West Street, Port Colborne, ON is a Multiplex (3-Storey) featuring a Unfinished, Full basement.

Q.What interior features are included in this home?

Interior highlights include: Storage.

Q.What security features are installed at 56 West Street, Port Colborne, ON ?

Security features include: Carbon Monoxide Detectors, Smoke Detector, Other.

Q.Is parking available at this property?

Yes, this property offers parking space for 7.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Window Unit(s).

Virtual Tour & 3D Walkthrough

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Location

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56 West Street, Port Colborne, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Sugarloaf, Port Colborne

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

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

Estimated Sales Range
$1,895,000 - $1,955,000

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.

Market Trend
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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$598,500 (30.0%)
* Minimum Canadian down payment required for this price is $399,000.
Amortization Period30 Years
Estimated Monthly Payment$6,641Based on a loan of $1,396,500 over 30 years.
Purchase Price$1,995,000
Loan Amount$1,396,500
Provincial Land Transfer Tax:$36,375
Total Estimated Closing Taxes:$36,375

About Purchasing a Home in Port Colborne, ON

For a property listed at $1,995,000 in Port Colborne, the legal minimum down payment is $399,000 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 $36,375 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 $36,375.

Similar Listings in Sugarloaf, Port Colborne

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Sugarloaf, Port Colborne Neighborhood Guide

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

Verified Local Data
City Population62,953
City Median Age40.8 Yrs
City Ownership85% Owners
Avg Area List Price$701,531

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
28%
Other households
4%

Top Ethnic Origins

English30%
Canadian28%
Scottish22%
Irish21%

Best Schools in Sugarloaf, Port Colborne

Elementary Schools

Steele Street
PublicSteele Street, Port Colborne, Ontario, L3K 2N7
9.5
McKay
Public320 Fielden Avenue, Port Colborne, Ontario, L3K 4T7
7.4
St Patrick Catholic
Catholic266 Rosemount Avenue, Port Colborne, Ontario, L3K 5R4
7.3
Oakwood
PublicOakwood Street, Port Colborne, Ontario, L3K 3M5
8.8
DeWitt Carter
Public435 Fares Street, Port Colborne, Ontario, L3K 1X4
7.1

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

Sugarloaf, Port Colborne Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied85%
Rented15%

Need more details or a custom CMA?

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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.

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