$2,250,000
24.15 BTC
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56 West Street, Port Colborne
$2,250,000
PRICE
5
BEDROOMS
5
BATHROOMS
X13134542
MLSID

56 West Street, Port Colborne

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)
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Summary

Address
56 West Street
MLSID
X13134542
Property Type
Multiplex
Property Category
Bedrooms
5
Bathrooms
5
Kitchens
5
Zoning
DC
Taxes (Annual)
$8,985.00
Tax Year
2025
Published
May 15, 2026
Days on Market
10 Days
Possession Type
Flexible
Possession Details
Immediate If Assuming Tenants
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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

tenants personal belongings

Details

Security Features
Carbon Monoxide Detectors, Smoke Detector, Other
Bathroom 1
3-Piece Main Level
Bathroom 2
3-Piece Second Level
Bathroom 3
4-Piece Second Level
Bathroom 4
4-Piece Third Level
Basement
Unfinished, Full
Exterior Features
Deck, Porch, Year Round Living
Interior Features
Storage
Parking Spaces
5
Parking Total
7
Parking Features
Private
Architectural Style
3-Storey
Roof
Asphalt Shingle
Construction Materials
Stone, Other
Lot Width
56 Feet
Lot Depth
165 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Water
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with ROYAL LEPAGE NRC REALTY
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