For saleMLS® X14172682

650 Main Street W, Port Colborne, ON L3K 3X2

877 - Main Street, Port Colborne · Near Highway 3 /Main Street · View map

$1,899,990
65982Sq ft
InvestmentType
130 totalParking
$22,337/yrTaxes
$1,899,990
FreeholdNo monthly condo fee
Parking for 130Comes with the home
Lot 359.8 x 331 ftThe land comes with the home

About this home

1.5 ACRES OF PRIME DEVELOPMENT LAND WITH AN OPERATING 17-UNIT MOTEL ON MAIN ST W IN PORT COLBORNE! A RARE TWO-IN-ONE OPPORTUNITY: COLLECT INCOME TODAY AND HOLD AN APPROVED DEVELOPMENT SITE FOR TOMORROW. ZONING APPROVED AS MIXED USE (MU), PERMITTING A 6-STOREY BUILDING WITH 95 RESIDENTIAL UNITS, 326 SQ M OF GROUND-FLOOR COMMERCIAL SPACE AND 132 PARKING SPACES. SITE PLAN AND ENGINEERING DRAWINGS AVAILABLE. THE EXISTING 17-UNIT MOTEL OFFERS VALUE-ADD UPSIDE: RENOVATE THE ROOMS TO DRIVE RATES AND OCCUPANCY AND EARN CASH FLOW WHILE THE DEVELOPMENT WAITS UNDERNEATH, OR BUY IT AS A DEVELOPMENT SITE AND BREAK GROUND! APPROX. 360 FT OF FRONTAGE ON HIGH-EXPOSURE MAIN ST W, WITHIN PORT COLBORNE'S BUILT-UP AREA, MINUTES FROM THE DOWNTOWN CORE. 7 MINUTES TO NICKEL BEACH, THE WELLAND CANAL AND LAKE ERIE, AND APPROX. PORT COLBORNE IS ON THE RISE WITH THE $1.56B ASAHI KASEI EV BATTERY SEPARATOR PLANT, THE FIRST OF ITS KIND IN CANADA, EXPECTED TO BRING 300+ JOBS TO THE REGION AND NEW DEMAND FOR HOUSING AND ACCOMMODATION. WHETHER YOU ARE A DEVELOPER, A HOSPITALITY OPERATOR OR A LONG-TERM INVESTOR, THE POSSIBILITIES ARE ENDLESS!

The home

Type
Investment
Square footage
65982 sq ft
Lot size
359.8 x 331 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Electric Forced Air
Air conditioning
Yes

Garage & parking

Driveway spaces
130
Total parking
130

Taxes & other

Property taxes
$22,337/yr
Tax year
2026
Occupancy
Tenant
Possession
TBD
Cross street
Highway 3 /Main Street
Neighbourhood
877 - Main Street

More

MLS® number
X14172682

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Want to know something that isn’t listed?
Estimated monthly cost$9,525per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    650 Main Street, Port Colborne, ON L3K 3X2

    877 - Main Street, Port Colborne · Near Highway 3 /Main Street

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    Sold history

    Listing history for 650 Main Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 650 Main Street W

    Answers come straight from this home’s MLS® listing.

    How much is 650 Main Street W listed for, and what would it cost each month?

    650 Main Street W is listed for $1,899,990. With 20% down ($379,998), the mortgage payment would be roughly $7,664 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $9,525 a month, all in. That figure is an illustration, not a quote.

    Is 650 Main Street W freehold or a condo, and is there a monthly fee?

    650 Main Street W is a investment in 877 - Main Street, Port Colborne. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 650 Main Street W have a garage and parking?

    The listing does not show a garage. The driveway adds 130 spaces. In total the listing counts 130 parking spaces.

    What style of home is 650 Main Street W?

    650 Main Street W is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 650 Main Street W, and what is the lot size?

    The lot is listed as 359.8 x 331 ft.

    How is 650 Main Street W heated and cooled?

    Heating is electric forced air. Cooling is yes.

    What are the property taxes for 650 Main Street W?

    Property taxes are $22,337 a year (2026), or about $1,861 a month.

    Where is 650 Main Street W?

    650 Main Street W is in the 877 - Main Street community of Port Colborne. The nearest main intersection is Highway 3 /Main Street. The postal code is L3K 3X2.

    Is 650 Main Street W still for sale?

    Yes. It is an active listing (MLS® X14172682). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 650 Main Street W asking?

    Similar properties for sale nearby right now include 335 Wellington Street at $1,625,000, 198 Welland Street at $1,390,000 and 198 Welland Street at $1,390,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 650 Main Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 650 Main Street W?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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