REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 559,900
Est. payment | /mo
2 Baths
1,688 SqFt
$ 559,900
Est. payment | /mo
2 Baths
1,688 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,688 sqft
Price per Sqft $331
Subdivision 878 - Sugarloaf
MLS Listing ID X13474848
Annual Tax Amount $3,283
Tax Year 2025
Property Sub-Type Investment
Property Description
An exceptional opportunity to acquire a canal-front property with commercial and mixed-use potential. Ideally situated along the scenic Welland Canal Promenade and Historic West Street, Captain's Quarters offers a rare combination of waterfront exposure, tourism appeal, and flexible development opportunities. Currently operating as a successful short-term rental property, this fully winterized 3-bedroom cottage is rich in character, featuring pine plank flooring, French doors, a cozy gas fireplace, and canal views. Two upper-level bedrooms open onto private balconies overlooking the Welland Canal, providing front-row views of international vessels passing by-a unique attraction that continues to draw visitors year-round. A separate attached one-bedroom guest suite at the rear of the property offers additional income potential, staff accommodations, or private owner quarters. The expansive lot provides room for future expansion or redevelopment, subject to municipal approvals, further enhancing the property's long-term investment value. Located just steps from Port Colborne's vibrant downtown, the property is within walking distance of restaurants, shops, marina, and waterfront park, benefiting from strong pedestrian traffic and a thriving visitor economy. Zoned for a variety of potential commercial uses, the property presents an excellent opportunity for investors, entrepreneurs, hospitality operators, or developers. As the property is currently utilized as a short-term rental, there is flexibility to establish market rental rates. Buyers may also benefit from available municipal and regional improvement grant programs designed to encourage investment and redevelopment. Whether you continue its successful hospitality operation, establish a boutique commercial venture, or explore future development opportunities, 62 West Street is a unique waterfront investment in one of Niagara's most desirable canal-front locations.
Location
Province ON
County Niagara
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 43.0
Lot Depth 144.0
Building
Building Age 100+
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE NRC REALTY
Schools and Properties Nearby