Salehian.com 647-325-5000

56 West Street

878 - Sugarloaf, Port Colborne, L3K 4C8

$1,995,000

Reduced $255,000 from $2,250,000

Photo 1 of 23Photo 2 of 23Photo 3 of 23Photo 4 of 23Photo 5 of 23Photo 6 of 23Photo 7 of 23Photo 8 of 23Photo 9 of 23Photo 10 of 23Photo 11 of 23Photo 12 of 23Photo 13 of 23Photo 14 of 23Photo 15 of 23Photo 16 of 23Photo 17 of 23Photo 18 of 23Photo 19 of 23Photo 20 of 23Photo 21 of 23Photo 22 of 23Photo 23 of 23
  • 5 bedrooms
  • 5 bathrooms
  • 7 parking
  • 3500-5000 sq ft

Listed 158 days ago · MLS® X13134542

About this home

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). Can also be purchased with neighbouring property at 62 West St - known as the 'Captains Quarters Guest Suites' (MLS X12983494)

Details

Type
Multiplex
Style
3-Storey
Age
100+ years
Size
3500-5000 sq ft
Lot
56 × 165 ft
Basement
Unfinished, Full
Garage
Detached
Kitchens
5
Property tax
$8,985 (2025)
Neighbourhood
878 - Sugarloaf
Municipality
Port Colborne

Interior

Bedrooms
5 above ground
Bathrooms
2 × 3-piece (main), 1 × 3-piece (second), 1 × 4-piece (second), 1 × 4-piece (third)
Rooms
15 above ground
Family room or den
No
Fireplace
Yes
Features
Storage

Heating, cooling and services

Heating
Water, Gas
Air conditioning
Window Unit(s)
Water and sewer
Sewer

Building and exterior

Style
3-Storey
Exterior
Stone
Roof
Asphalt Shingle
Foundation
Stone
Age
100+
Faces
West
Outdoor
Deck, Porch, Year Round Living
Waterfront
Indirect

Parking

Garage spaces
2
Total parking
7
Driveway and parking
Private

Lot

Size
56 × 165 ft (rectangular)

More

Possession
Immediate if assuming tenants
Cross street
West St. & Sugarloaf St.

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 9 cafés and restaurants, 1 park, 2 pharmacies. Nearest grocery: Food Basics (600 m). Nearest park: HH Knoll Lakeview Park (550 m).

Schools nearby

Elementary

  • Steele Street Public School
    EQAO: Gr 6 reading 94%, math 53%    16 min walk
  • DeWitt Carter Public School
    EQAO: Gr 6 reading 95%, math 81%    18 min walk
  • McKay Public School
    EQAO: Gr 6 reading 92%, math 61%    1.3 km
  • École élémentaire catholique Saint-Joseph Catholic · French
    EQAO: Gr 3 reading 90%, math 90%    1.8 km

Secondary

  • Port Colborne High School
    EQAO: Gr 9 math 62%, literacy test 95%    18 min walk
  • Lakeshore Catholic High School Catholic
    EQAO: Gr 9 math 48%, literacy test 87%    1.7 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L3K

Owners / renters
73% / 27%
Median household income
$70,000
Average age
47
Children under 15
13%
Homes
74% detached, 2% high-rise
Commute by transit
1%
Population
19,458

Languages spoken most at home besides English: Italian 0.8%, Polish 0.1%, Portuguese 0.1%, Russian 0.1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Niagara Region (St. Catharines) police: 54 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 86 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE NRC REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Similar homes nearby

See more in Port Colborne