61 Wallace Avenue, Port Colborne, ON

$479,000
MLS#:X13489696
3 beds
2 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 877 - Main Street. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $479,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 50 x 150 ft lot
  • Features a unfinished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 61 Wallace Street, a thoughtfully updated 3-bedroom, 2-bathroom detached home situated on a generous 50-by-150-foot lot in Port Colborne. Offering 1,087 square feet above grade, this move-in-ready 1.5 storey home combines a functional main-floor layout with a spacious private upper level. The main floor features two bedrooms, a full bathroom and beautifully refinished hardwood flooring. At the heart of the home is a brand-new kitchen completed in 2026, showcasing 42-inch upper cabinetry with crown moulding, quartz countertops, a large single-bowl stainless-steel sink, black pull-down faucet and stainless-steel appliances, including a gas stove, dishwasher, brand new refrigerator and brand new over-the-range microwave. Upstairs, you will find a large third bedroom, convenient second-floor laundry and a full three-piece bathroom with a stand-up shower. The home has been freshly painted throughout and updated with new light fixtures, door hardware, select interior doors, bathroom fixtures and a new main-floor vanity with quartz countertop. Major mechanical improvements completed in June 2026 include a new forced-air gas furnace, new basement ductwork, new central air conditioner, A-coil and line set, as well as a new electrical breaker panel with an ESA report available. The roof and vinyl windows were replaced in 2015. Outside, enjoy the freshly painted and spacious rear deck, covered front porch, deep backyard and detached garage. The unfinished partial basement offers approximately 261 square feet of useful storage space and includes a functioning sump pump. A refreshed home with meaningful mechanical upgrades, a flexible three-bedroom layout and plenty of outdoor space-ready for its next owner.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/25/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementUnfinished, Partial Basement
Lot Size50 × 150 Feet
CountyNiagara
Annual Tax$2,988
Legal DescriptionLT 39 PL 832 VILLAGE OF HUMBERSTONE ; PORT COLBORNE

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Public Transit

Interior Features

Auto Garage Door Remote, Carpet Free, Sump Pump, Water Heater, Water Heater Owned, Water Meter

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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61 Wallace Avenue, 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 61 Wallace Avenue, Port Colborne, ON L3K 3X5

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 Rate5.25%
Down Payment$23,950 (5.0%)
* Minimum Canadian down payment required for this price is $23,950.
Amortization Period25 Years
Estimated Monthly Payment$2,712Based on a loan of $455,050 over 25 years.
Purchase Price$479,000
Loan Amount$455,050
Provincial Land Transfer Tax:$6,055
Total Estimated Closing Taxes:$6,055

About Purchasing a Home in Port Colborne, ON

For a property listed at $479,000 in Port Colborne, the legal minimum down payment is $23,950 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 $6,055 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 $6,055.

Nearby Listings

Distance:

No current listings found in Port Colborne.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$686,343

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

Secondary Schools

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

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.