$2,250,000
FOR SALE

Multiplex 3-Storey

Bedrooms: 5Bathrooms: 5Lot: 56 x 165 ft
2025 Taxes: $8,985

56 West St
Port Colborne, ON L3K 4C8 | 878 - Sugarloaf | Niagara

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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Listed By ROYAL LEPAGE NRC REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13134542
Last Updated May 15, 2026
Property Summary
Property Type Multiplex

More like this:
PIN 641630278
Legal Description PT LT 1 W/S WEST ST PL 987-989 PORT COLBORNE AS IN RO506571; PORT COLBORNE
Possession Date Immediate if assuming tenants
Taxes (2025) $8,985
Directions/Cross Streets West St. & Sugarloaf St.
Neighbourhood 878 - Sugarloaf
Area Niagara
Price History

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Detailed Information
Fronting On West
Waterfront Y
Special Designations Unknown
Bedrooms 5
Bathrooms 5
Lot 56 x 165 ft
Exterior Stone
Air Conditioning Window Unit(s)
Fireplace/Stove Y
Basement Unfinished, Full
Garage Type Detached
Garage/Park Spaces Y
Parking Spaces 5
Heat Source Gas
Heat Type Water
Sewers Sewer

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