55 Fares Street, Port Colborne, ON

$790,000
MLS#:X12406313
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] land located in the coveted neighborhood of 876 - East Village. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $790,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 187 x 323 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with [] central cooling

Great Location building/ Development lot on the corner of Fares St & Lake Rd. Only a few minutes walk from the popular Nickel Beach area. Perfect recreational year round community and close to all amenities. Zoned R4 Ideal for multi-family Development! This Is A Rare Opportunity in The Niagara Region With A Lucrative development opportunity. **EXTRAS** City is very supportive of development and has a number of incentive programs to encourage development.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date9/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeLand
Lot Size187 × 323 Feet
CountyNiagara
Annual Tax$2,050
Legal DescriptionLT 4 N/S LAKE ST, 5 N/S LAKE ST PL 849; PORT COLBORNE

Heating & Cooling

Cooling[]

Features

Property Features

Community Features

Location

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55 Fares Street, Port Colborne, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for 876 East Village, Port Colborne.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

McKay
Public320 Fielden Avenue, Port Colborne, Ontario, L3K 4T7
7.4
Oakwood
PublicOakwood Street, Port Colborne, Ontario, L3K 3M5
8.8
DeWitt Carter
Public435 Fares Street, Port Colborne, Ontario, L3K 1X4
7.1
St John Bosco
Public191 Highland Avenue, Port Colborne, Ontario, L3K 3S7
3.0
Steele Street
PublicSteele Street, Port Colborne, Ontario, L3K 2N7
9.5

Secondary Schools

Port Colborne
Public211 Elgin Street, Port Colborne, Ontario, L3K 3K4
6.5
Lakeshore
Public150 Janet Street, Port Colborne, Ontario, L3K 2E7
6.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 55 Fares Street, Port Colborne, ON L3K 1A2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$632,000
Monthly Mortgage$3,672
Property Tax (Est.)$171
Utilities & Maint.$350
Total Monthly Cost$4,193

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Port Colborne.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.