220-228 West Street
220-228 West Street
220-228 West Street
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42 photos

220-228 West Street

Sugarloaf, Port Colborne, ON
Listed 74 days ago
$1,499,000Sold Conditionally
12Parking
91 ft × 165 ftLot Size
Commercial RetailProperty Type

220-228 West Street

Port Colborne, ON · Sugarloaf

Listed 74 days ago
Parking12
Lot Size91 ft × 165 ft
Property TypeCommercial Retail
$1,499,000
Sold Conditionally
MLS# X12996310

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About this home

An exceptional opportunity to acquire a 12-unit mixed-use income property at 220-228 West Street in Port Colborne, Ontario.The asset comprises 8 residential suites (4 bachelor, 3 one-bedroom, 1 two-bedroom) and 4 ground-floor commercial units leased to established local tenants. In-place effective gross income (EGI) is approximately $120,217 and in-place net operating income (NOI) is approximately $61,546. On a stabilized basis, residential rents are projected at Canada Mortgage and Housing Corporation (CMHC) blended average rents of $1,100/month for Port Colborne, consistent with published CMHC averages of $1,082 for one-bedroom and $1,118 for two-bedroom units as of October 2025. At these assumptions, the asset supports NOI of approximately $101,663 and a cap rate of 6.788% at the asking…

Features & Details

Property Type
Commercial Retail
Tax
$30,009 / 2025
Building Age
51-99 years
Lot Size
91 x 165 Feet
Total Parking Spaces
12
Title
Commercial
Property Style
Multi-Use
Community
Sugarloaf
Municipality
Port Colborne
Cross Street
West Street between Charlotte Street and Clarence Street
Lot Legal Description
PT LTS 22 & 23 W/S WEST ST, PL 987-989: PT WEST, ST PL 987-989 AS IN RO369044: T/W RO369044: CITY OF PORT COLBORNE
Data Source
Toronto Regional Real Estate Board
Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Listed On
Apr 14, 2026
Listing Expires On
Dec 31, 2026
Listing Updated On
Jun 26, 2026
Garage Type
Outside/Surface
Parking
12
Heating
Baseboard
Cooling
No

Listing History

Active74 days on marketCurrently viewingMLS #X12996316
Apr 14, 20262 months ago
Listed for Sale
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Listed for Sale74 days on marketMLS #X12996310
Apr 14, 20262 months ago
Listed for Sale
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Estimated monthly payment
$7,313

Estimated payment. Does not include property tax, insurance, or condo fees.

Location & nearby

Sugarloaf Real Estate Market

Port Colborne · last 12 months
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Avg days on market
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Homes sold (12 months)
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