56 West Street
Port Colborne (Sugarloaf), ON L3K 4C8
- 5Bedrooms
- 5Bathrooms
- 7Parking
- 3500–5000Sq Ft
- $8,985Tax
- 56×165 ftLot Size
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Sale & Price History for 56 West Street, Port Colborne, Sugarloaf
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 56 West Street, Port Colborne, Sugarloaf
Summarized Description
- Unique waterfront location with stunning views.
- Impressive penthouse suite on the top floor.
- Versatile property for condos or guest suites.
- Investment potential with commercial and residential options.
- Future expansion opportunities enhance value.
- Located along the canal-side Promenade.
- Possibility for boutique hotel development.
- Historic charm with beautifully restored features.
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).
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $8,985
- Land Transfer Tax Fee
- $36,375
Rental Items
- Rental Equipment
- hot water heater
- Under Contract
- Hot Water Heater
- Basement Type
- Unfinished, Full
Interior Features
- Interior Extras
- Storage
- View
- Canal, Downtown
- Security Features
- Carbon Monoxide Detectors, Smoke Detector, Other
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Porch, Year Round Living
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 3-Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Stone, Other
- Roof
- Asphalt Shingle
- Foundation Details
- Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 56.00 ft
- Lot Depth
- 165.00 ft
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- 5 fridges, 5 stoves, 5 microwaves, 5 washers, 5 dryers, Ring security camera, furnishings (4 units), 6 window a/c units, interconnected smoke detectors, 6 fire extinguishers, all light fixtures and window coverings as seen on real property
Exclusions
- Exclusions
- tenants personal belongings
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 2
- Parking Spaces
- 5
- Total Garage And Parking Spaces
- 7
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Water
- Air Conditioning
- Window Unit(s)
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 5
- Washrooms
- 5
- Kitchens
- 5
Washrooms
- 3-piece, Main
- 3-piece, Second
- 4-piece, Second
- 4-piece, Third
- Municipality
- Port Colborne
- Neighbourhood
- Sugarloaf
- Main cross streets
- West St. & Sugarloaf St.
- Zoning
- DC
- Directions
- Corner of West St & Sugarloaf St.
- Waterfront
- Indirect
- MLS® number
- X13134542
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-05-15
- Updated on
- 2026-10-23
- Days on market
- 165 days
- Possession type
- Flexible
- Co-op commission
- see Realtor remarks
- Seller
- Listed by
- ROYAL LEPAGE NRC REALTY
Home Market Value
Current home valuation for 56 West Street, Port Colborne, Sugarloaf, Port Colborne, ON. Listed for $1,995,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 56 West Street, Port Colborne, Sugarloaf
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$399,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,596,000 | $1,496,250 | $1,396,500 | $1,296,750 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $7,792monthly | $7,305monthly | $6,818monthly | $6,331monthly |
Land Transfer Tax
$36,375
$36,375
Around this home
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