$1,900,000
For sale: Vacant Land

An investment opportunity awaits at 80 Nickel Street in the growing City of Port Colborne. This shovel-ready residential development site is fully prepared for construction, offering approved plans for a 17-unit purpose-built residential building totaling approximately 16,826 square feet of gross floor area.With development approvals in place, investors and builders can significantly reduce the time and uncertainty associated with the planning process and move directly toward construction. Situated in a location with convenient access to downtown amenities, schools, parks, public transit, and the Lake Erie waterfront, the property is ideally positioned to meet the increasing demand for quality rental housing in the Niagara Region. Port Colborne continues to experience steady growth, driven by affordability, infrastructure investment, and expanding regional employment opportunities. This ready-to-build project presents an outstanding opportunity for developers seeking a turnkey multi-residential investment.
Sold data
Homes in Port Colborne (East Village) 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 (East Village) 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.
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