563 Killaly Street, Port Colborne, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of 875 - Killaly East. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $14,500,000 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 155.4 x 381.55 ft lot size
- equipped with no central cooling and highly efficient none heating
Description
The development proposes a total of 290 dwelling units. The Draft Plan of Subdivision divides the subject lands into 12 blocks in total, comprising two blocks designated for Condo Townhouses, three blocks for Street Townhouses, one block for Stacked Condo Townhouses, and one block for Semi-Detached Dwellings. Additionally, the subdivision includes blocks for an archaeological site, an acoustic barrier, a flood storage compensation zone, a stormwater management facility, and a pedestrian path leading to the Friendship Trail. Zoning And Draft Plan Approved For 290 Townhouse Units (Mixed). 7 Min Drive From Asahi Kasei New Battery Plant. 5 Minute Drive To Welland. 25 Mins To Us Border (Peace Bridge). 25 Min Drive To Niagara Falls. 25 min drive to St Catharines. Emerging tourism sector with Great Lake Cruise ships stopping in Port Colborne for the Welland Canal.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 563 Killaly Street E, Port Colborne, ON L3K 2J8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Port Colborne, ON
For a property listed at $14,500,000 in Port Colborne, the legal minimum down payment is $2,900,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $348,975 for this transaction. As this listing is in Port Colborne (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $348,975.
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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.
