
Port Colborne, ON L3K 4C8
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)
TRREB MLS® Attribution
MLS® X13134542
Listed by ROYAL LEPAGE NRC REALTY
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Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$10,987
/month · $1,800,000 mortgage
Amortization
Total Interest
$1,496,114
Total Cost
$3,296,114
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE NRC REALTY