55 Fares Street
Port Colborne, ON
- Vacant Land
- 351 days on market
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.
Listing Details
- Taxes (2024)
- $2,050
- Listed
- September 15, 2025
Price History
Listing history
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Property
- Lot Size
- 187.88 x 322.95 Feet
Location & Legal
- Cross Street
- Lake Rd. and Welland St.
- Zoning
- R4 High Density
- Parcel Number
- 644570076
- Possession
- Flexible
- Occupancy
- Vacant
Schools
Elementary
- DeWitt Carter Public School1.2 km
Public · DSB Niagara · 280 students
Grade 3 reading: 89% met the provincial standard · Grade 6 math: 81% met the provincial standard
- Steele Street Public School1.4 km
Public · DSB Niagara · 205 students
Grade 3 reading: 100% met the provincial standard · Grade 6 math: 53% met the provincial standard
- McKay Public School1.7 km
Public · DSB Niagara · 570 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 61% met the provincial standard
Secondary
- Port Colborne High School1.5 km
Public · DSB Niagara · 420 students
Grade 10 literacy: 95% met the provincial standard
- Lakeshore Catholic High School1.8 km
Catholic · Niagara CDSB · 680 students
Grade 10 literacy: 87% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area L3K
- Population
- 19,458
- Private dwellings
- 9,086
- Median age
- 50.8
- Average household size
- 2.2
- Median household income
- $70,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Port Colborne · last 12 months
- Median sold price
- $488,500
- Homes sold
- 253
- Median days on market
- 39
- Sale-to-list price
- 95.2%
Based on 253 recorded sales of residential freehold properties in Port Colborne over the last 12 months.
Listed by
RE/MAX ABOUTOWNE REALTY CORP.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$158,000
Estimated Monthly Payment
$3,881
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,881/mo (20% down, 5.5%)
Taxes: $171/mo · Insurance: $198/mo
Estimates only. Consult a financial advisor.
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