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MLS® X13134542
Port Colborne, ON
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).
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
Broker
ROYAL LEPAGE NRC REALTY
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Multiplex
56 West Street Port Colborne
Port Colborne
Built
100+
Type
Multiplex
Basement
Unfinished, Full
Parking
Detached (7)
Property Tax
~$8,985/yr
Heating
Water
Buying Essentials
Square Feet
4250 sqft
Facing Direction
West
Parking
Detached (7)
Finances
List Price
$1,995,000
Price per SQFT
$469/sqft
Property Tax
~$8,985/yr
Property Specs
Property Type
Multiplex
MLS Size
4250 sqft
Age of Building
100+
Basement
Unfinished, Full
Living & Amenities
Heating Type
Water
Features
Storage
Policies & Utilities
Neighbourhood
Port Colborne
Listed On
May 15, 2026
Days on Market
Current: 176 days
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