180 Fares Street
Port Colborne, ON
3,480 sqft • Investment • 139 days on market
180 Fares St is prepped for development, with Approved Building Permits already in place for four 2-bedroom units and four 1-bedroom units. Most of the framing is already completed as per new building permit drawings and new windows already installed. The property sits in a high-potential neighborhood that is on the brink of major transformation. It's set to benefit from several major upcoming projects, including the future City Waterfront Centre, a year-round multi-use hub that will serve cruise ship guests and host community events. Just around the corner, Rankin is wrapping up construction on a 9-storey, 72-unit condo building. Plus, the Marina District is being reimagined with city plans to create 5 to 8 new urban blocks here, with commercial space on the ground floor, residential units above, and new walking paths, parks, and event spaces throughout. The location is unbeatable walking distance to downtown, grocery stores, restaurants, parks, the canal, and more. This is a prime investment opportunity in a rapidly evolving area. Property is being sold as is condition. Seller open to offering up to 25% Vendor Take-Back (VTB) financing, creating a unique opportunity for buyers seeking flexible financing options.
Listing Details
- Taxes (2025)
- $5,217
- Listed
- April 7, 2026
Price History
Listing history
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Property
- Lot Size
- 36 x 100 Feet
Location & Legal
- Cross Street
- Fares And Nickel
- Zoning
- NC
- Parcel Number
- 641640056
- Possession
- Flexible
Commercial
- Business Type
- Apts - 6 To 12 Units
- Occupancy
- Vacant
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
- $500,000
- Homes sold
- 247
- Median days on market
- 39
- Sale-to-list price
- 95.3%
Based on 247 recorded sales of commercial properties in Port Colborne over the last 12 months.
Listed by
Toronto Real Estate Realty Plus Inc
Location
Commercial figures
- Building area
- 3,480 sq ft
- Price per sq ft
- $177.87
- Annual property tax
- $5,217
- Tax per sq ft
- $1.50
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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