80 Nickel Street, Port Colborne (East Village), Ontario, L3K1B4



$1,900,000
Port Colborne
This lot in Port Colborne is for sale. It has been on the market 90 days, fresher than the Port Colborne average of 95 days.
An investment opportunity awaits at 80 Nickel Street in the growing City of Port Colborne. This shovel-ready residential development site is fully prepared for construction, offering approved plans for a 17-unit purpose-built residential building totaling approximately 16,826 square feet of gross floor area.With development approvals in place, investors and builders can significantly reduce the time and uncertainty associated with the planning process and move directly toward construction. Situated in a location with convenient access to downtown amenities, schools, parks, public transit, and the Lake Erie waterfront, the property is ideally positioned to meet the increasing demand for quality rental housing in the Niagara Region. Port Colborne continues to experience steady growth, driven by affordability, infrastructure investment, and expanding regional employment opportunities. This ready-to-build project presents an outstanding opportunity for developers seeking a turnkey multi-residential investment. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 90 days on market, against an average age of 95 days across the listings currently for sale in this city
This vacant land in Port Colborne (East Village) has been listed for 90 days, which is 5 days fresher than the city average of 95. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,900,000, about 27.1× the local median household income of $70,000.
Carrying it typically needs a household income of about $371,137 (20% down, 25-yr amortization, stress-tested) — roughly 430% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3K)
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