62 WEST Street, Port Colborne, ON L3K 4C8

$649,900
2
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$649,900
Price Change
▼ $45,100 1788204285
MLS#
X13474848
Status
ACTIVE
Type
Commercial
SubType
Investment
Bathrooms
2
Province
ON
Municipality
Port Colborne
Area
Niagara
Neighborhood
878 - Sugarloaf
Subdivision
West St/Sugarloaf St

Property Description

An exceptional opportunity to acquire a canal-front property with commercial and mixed-use potential. Ideally situated along the scenic Welland Canal Promenade and Historic West Street, Captain's Quarters offers a rare combination of waterfront exposure, tourism appeal, and flexible development opportunities. Currently operating as a successful short-term rental property, this fully winterized 3-bedroom cottage is rich in character, featuring pine plank flooring, French doors, a cozy gas fireplace, and canal views. Two upper-level bedrooms open onto private balconies overlooking the Welland Canal, providing front-row views of international vessels passing by-a unique attraction that continues to draw visitors year-round. A separate attached one-bedroom guest suite at the rear of the property offers additional income potential, staff accommodations, or private owner quarters. The expansive lot provides room for future expansion or redevelopment, subject to municipal approvals, further enhancing the property's long-term investment value. Located just steps from Port Colborne's vibrant downtown, the property is within walking distance of restaurants, shops, marina, and waterfront park, benefiting from strong pedestrian traffic and a thriving visitor economy. Zoned for a variety of potential commercial uses, the property presents an excellent opportunity for investors, entrepreneurs, hospitality operators, or developers. As the property is currently utilized as a short-term rental, there is flexibility to establish market rental rates. Buyers may also benefit from available municipal and regional improvement grant programs designed to encourage investment and redevelopment. Whether you continue its successful hospitality operation, establish a boutique commercial venture, or explore future development opportunities, 62 West Street is a unique waterfront investment in one of Niagara's most desirable canal-front locations.

Additional Information

Taxes
$3,283
Heat Type
Other
Air Conditioning
Yes
Lot Depth
144
Garage Type
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of ROYAL LEPAGE NRC REALTY.