$ 2,250,000
-
$2,250,000
Price -
5
Bed -
5
Bath -
3,500
SqFt
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About the Listing 292604 -
Waterfront - Situated along the canal-side Promenade in downtown Port Colborne, 'Cornerstone' 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 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. Can also be purchased with neighbouring property at 62 West St - known as the 'Captains Quarters Guest Suites' (MLS X12983494)
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full
- Other: Storage,5 Kitchens
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Asphalt Shingle
- Others: Deck,Porch,Year Round Living
- Sewer: Sewer
- Parking Features: Private,Detached,Has Garage
Financial Details
- Tax Amount: $8,985
- Taxes w/Assessments: N/A
- Tax/Property ID: 641630278
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
56 West St Port Colborne, ON L3K 4C8
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