1 / 30
Investment signal

$599,900

62 WEST STREET

Save this home

Beds

4

Baths

2

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Port Colborne (Sugarloaf). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

PRICED TO SELL ... this gem of a property is a great opportunity of owning canal front. Nestled along the picturesque Promenade of the Welland Canal and Historic West Street, the 'Captains Quarters' offers a serene and casual lifestyle. Enjoy the unparalleled beauty of watching ships from around the world sail past from the comfort of your own porch in this enchanting 3-bedroom, winterized cottage. Boasting abundant charm and character, this delightful residence features pine plank flooring and French doors, which add to its timeless appeal. The inviting gas fireplace provides warmth and ambiance, creating a cozy haven during the cooler months. 2 of the upper-level bedrooms each open to a balcony, offering breathtaking views of the canal - an ideal setting for morning coffee or evening relaxation, the 3rd bedroom overlooks the rear yard. Additionally, a private, attached one-bedroom guest suite at the rear of the property is perfect for an in-law apartment or as a source of rental income. Located just a short stroll from the quaint downtown core, the property is in close proximity to a variety of shops, restaurants, a lakeside park, and a marina. This convenient access allows for an engaging and active lifestyle, while still providing the tranquility of waterfront living. The deep lot offers ample space for potential expansion, maximizing both living and income-generating possibilities. There are also potential grants for improvements with the city and region; can be used as commercial and developed with city approvals too. Do not let this rare opportunity pass you by. Embrace the charm, tranquility, and potential of owning 62 West Street. (id:65958)

Subtype
Single Family
Structure
House
Community
878 - Sugarloaf
Common interest
Freehold
Lot dimensions
43 x 143.6 FT
Bedrooms
4 above grade
Parking
2 total
Stories
2
Fireplace
1
On market
Apr 10, 2026
Status changed
Apr 27, 2026
Annual tax
$3,134.88 (2025)
Zoning
DC
Photos
30
MLS#
X12983494
Area
PORT_COLBORNE_(SUGARLOAF)

Features and systems

Parking

No Garage

Basement

UnfinishedPartial

Appliances

WasherDryerMicrowaveTwo stovesWindow CoveringsWater HeaterTwo Refrigerators

Heating

Other

Exterior

Wood

Foundation

StoneBlock

Lot

In-Law Suite

View

Direct Water View

Waterfront

Waterfront
Negative cash flow ~$687/mo at these assumptions

Cash on cash

-6.87%

Cap rate

3.49%

GRM

16.7

Break-even rent

$3,723

Financing

Down payment$119,980
Loan amount$479,920
Mortgage$2,432/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$275
Insurance$80
Maintenance$500
CapEx reserve$250
Vacancy loss$150

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,432/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.