About this property

Attention Investors - Great waterfront opportunity! Situated along the canal-side Promenade in downtown Port Colborne, 'Cornerstone Guest Suites' is a charming and beautifully restored 5-unit (5,000 sq.ft.) property offering exceptional versatility and investment potential. This remarkable building could be converted into condos, boutique hotel, commercial use or continue operating as an apartment building or five guest suites. The top floor features an impressive 1,160 sq. ft. penthouse suite with breathtaking panoramic views of the canal and lake - ideal for owner to occupy. With potential for a boutique hotel, commercial space on the main level and residential rentals on the upper floors, this property offers endless possibilities. Future expansion or redevelopment opportunities add even more value. A rare chance to own a prime waterfront location where ships from around the world glide past your window. Set your own rents for units 1 & 5 (currently being used as short term rentals). Can also be purchased with neighbouring property at 62 West St - known as the 'Captains Quarters Guest Suites' (MLS X12983494)

Features & finishes

Waterfront

View

Fireplace

Air Conditioning

Basement

Property details

MLS® Number	X13134542
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	3,500 sq ft
Beds / Baths	5 bed · 5 bath
Neighbourhood	878 - Sugarloaf
City	Port Colborne
Postal Code	L3K 4C8
Province	ON
Listed Date	May 15, 2026
Days on Market	83
Price per Sq Ft	$570
Brokerage	ROYAL LEPAGE NRC REALTY