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48 Johnston Street

48 Johnston Street

Port Colborne, ON

  • 2,000 sqft
  • Land
  • 202 days on market
$399,000Price reduced 5%

An exceptional opportunity to acquire a well-located commercial vacant land parcel with existing improvements. Currently improved with a multi-unit residential structure and a two-storey garage, this property is being marketed for its land value and redevelopment potential. Ideal for investors or developers seeking a strategically positioned site in an established, high-demand neighbourhood. Conveniently situated near schools, shopping, dining, and major transportation routes, this site benefits from strong visibility, accessibility, and long-term growth prospects. Whether held for future redevelopment or repositioned to maximize its highest and best use, this property represents a smart addition to a commercial real estate portfolio.

Listing Details

Taxes (2025)
$2,706
Originally Listed
$419,000
Listed
February 18, 2026

Price History

Listing history

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Property

Lot Size
46.12 x 125.34 Feet

Parking

Garage
Other

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Corner of Johnston Street and Athoe Street
Zoning
R2
Parcel Number
641540194
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Residential

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

Commercial in Port Colborne · last 12 months

Median sold price
$490,000
Homes sold
253
Median days on market
40
Sale-to-list price
95.2%

Based on 253 recorded sales of commercial properties in Port Colborne over the last 12 months.

Listed by

RE/MAX NIAGARA REALTY LTD, BROKERAGE

Walk Score

52

Walk

57

Bike

Scores by Walk Score®

Commercial figures

Building area
2,000 sq ft
Price per sq ft
$199.50
Annual property tax
$2,706
Tax per sq ft
$1.35

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

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