$2,950,000

Investment For Sale In Sugarloaf, Port Colborne, Ontario

$2,950,000

Property Information:

Waterfront opportunity along the canals Promenade in downtown Port Colborne locates this fabulous and beautifully restored building known as 'Cornerstone Guest Suites'. 5 units in all, with detached double garage and private parking on a 165' deep lot. Live in the stunning 1,160 sq.ft. penthouse suite on the top floor offering panoramic canal/lake views with hardwood flooring, vaulted ceilings and gas fireplace. Ideal as a 'boutique' hotel, condos or commercial on main floor and rentals on second and third floors. Built by the engineer who designed the beginning of the Welland Canal in mid 1800's, this well constructed building, with many updates, offers great future potential and possible expansion for additions. Don't miss this once in a lifetime chance to own along the canal with the ships from around the world passing by your window! Can also be purchased with the neighbouring property at 62 West St, known as 'Captains Quarters' second oldest house in town (Circa 1837).

Inclusions: Carbon Monoxide Detector,Garage Door Opener,5 Fridges, 5 Stoves, 5 Microwaves, 5 Washers, 5 Dryers, Ring Security Camera, 6 Fire Extinguishers, 6 Window A/C Units, Interconnected Smoke Detectors, Window Coverings & Most Furnishings

Exclusions : Tenants Personal Belongings

Building Features:

  • Floor Space: 5000 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Full, Unfinished
  • Construction Materials: Masonite/Colourlock, Stone, Other
  • Cooling: Other
  • Docking Type: Public Docking
  • Driveway Parking: Private Drive Double Wide
  • Exterior Features: Balcony, Landscaped, Year Round Living
  • Floor Space (approx): 5000 Square Feet
  • Heating: Fireplace(s), Natural Gas, Other
  • Laundry Features: In-Suite, Other
  • Lot Depth: 165 Feet
  • Lot Features: Rectangular, City Lot, Near Golf Course, Highway Access, Hospital, Library, Marina, Park, Playground Nearby, Public Parking, Public Transit, Rec./Community Centre, Shopping Nearby, Trails
  • Lot Frontage: 56.00 Feet
  • Parking Features: Detached Garage, Garage Door Opener, Gravel
  • Road Frontage Type: Municipal Road, Year Round Road
  • Road Surface Type: Paved
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Waterfront Features: Canal, Canal Front, Lake Privileges
  • Zoning: DC
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 7

Courtesy of: Royal LePage NRC Realty

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved