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Key Facts
Key facts for 56 West Street
Property Type
Apartment, 3-Storey
Parking
Detached 2 garage, 7 parking
MLS #
X13134542
Size
3500-5000 sqft
Basement
Unfinished,Full
Listed on
2026-05-15
Lot size
56 x 165.0
Tax
$8,985 /yr
Days on Market
151
Approximate Age
100+
Maintenance Fee
-
Description
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). Can also be purchased with neighbouring property at 62 West St - known as the 'Captains Quarters Guest Suites' (MLS X12983494)
Full Property Details
Interior
Bedrooms
5
Total Bedrooms
5
Washrooms
5
Square Footage
3500-5000 sqft
Basement
Unfinished,Full
Heating Source
Gas
Heating Fuel
Water
Air Conditioning
Window Unit(s)
Family Room
No
Kitchens
5
Total Kitchens
5
Fireplace Features
Yes
Bedrooms
5
Total Bedrooms
5
Washrooms
5
Square Footage
3500-5000 sqft
Basement
Unfinished,Full
Heating Source
Gas
Heating Fuel
Water
Air Conditioning
Window Unit(s)
Family Room
No
Kitchens
5
Total Kitchens
5
Fireplace Features
Yes
Exterior
Depth
165.0
Front
56.0
Driveway
Private
Lot Size
56 x 165.0 ft
Pool
None
Waterfront
Indirect
Parking Spaces
7
Total Parking Spaces
7.00
Parking Description
Detached
Garage Spaces
2
Zoning
DC
Depth
165.0
Front
56.0
Driveway
Private
Lot Size
56 x 165.0 ft
Pool
None
Waterfront
Indirect
Parking Spaces
7
Total Parking Spaces
7.00
Parking Description
Detached
Garage Spaces
2
Zoning
DC
Building Description
Style
3-Storey
Home Type
Apartment
Subtype
Multiplex
Year Built
100+
Property Orientation
West
Exterior Finish
Stone,Other
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Style
3-Storey
Home Type
Apartment
Subtype
Multiplex
Year Built
100+
Property Orientation
West
Exterior Finish
Stone,Other
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Community
Community
Sugarloaf
Community
Sugarloaf
Taxes & Fees
Taxes
$8,985 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$8,985 /yr
Tax Year
2025
Occupancy
Tenant
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