$549,900
For sale: Other

An outstanding mixed-use investment located in the core of Port Colborne's transforming downtown district. This well-maintained property features three one-bedroom residential apartments and a ground-level retail unit, offering 2,706 sq. ft. of total building area. Positioned on a 56' x 179' lot, the site benefits from generous on-site parking and excellent street presence, supporting both residential and commercial appeal. Two of the residential units are currently vacant, creating an immediate opportunity for an investor to secure market rents, while the remaining apartment and the retail space are leased, providing dependable income. Situated within the East Waterfront Community Improvement Project Area, the property may qualify for a range of municipal incentive programs, including façade improvement assistance, residential renovation grants, and tax-based redevelopment incentives. Downtown Commercial (CC) zoning allows for flexible mixed-use use and potential future intensification. With strong visibility, proximity to the marina, transit routes, and major highways, this asset offers a compelling blend of current income and future redevelopment potential.
Sold data
Homes in Port Colborne (Main Street) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 71, across 71 recorded sales.
The median sale price was $509,900.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 30% of sellers reduced their price before finding a buyer.
Based on 71 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Port Colborne (Main Street) has 10 Fraser Institute–rated schools (8 elementary and 2 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$549,999
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