$485,000
$674,900
28.1%For more information regarding the value of a property, please contact us for a free consultation.
86-88 Fraser Street Port Colborne, ON L3K 1E4
5 Beds
3 Baths
Key Details
Sold Price $485,000
Property Type Multi-Family
Sub Type Multi-6-9 Unit
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40337166
Sold Date 02/10/23
Bedrooms 5
Originating Board Niagara
Annual Tax Amount $4,112
Property Description
INVESTORS and DEVELOPERS this building current zoning allows for either commercial or all residential units,
currently the under DC you are able to develop up to 26 meters "8 stories" .This property consists of 84, 86,
88 Fraser. 84 is a two storey, two bedroom, stand alone dwelling plus a single garage that needs renovation, a double garage and
6 car garage behind 86 and 88. The lot runs past these to the next street providing a back entrance to the
property. 86-88 Fraser are waiting to be finished, the left side of the building is completely gutted and waiting to be finished, a possibility of 4 units could be created. The right side of the building has a commercial space on the main floor and an apartment above it. This building is in need of major work and a renovation but with the right plan there is a possibility of creating 6 residential units along with a commercial component . All are currently vacant. All of the main floor has been commercial storage. Property is zoned Downtown Commercial which allows mixed commercial/residential
Location
State ON
County Niagara
Area Port Colborne / Wainfleet
Zoning DC
Direction WELLAND ST RUNS ALONG THE EAST SIDE OF THE CANAL, FRASER RUNS EAST OFF OF WELLAND ALONG THE FRIENDSHIP TRAIL
Rooms
Basement Partial, Unfinished
Kitchen 0
Interior
Interior Features Other
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Laundry None
Exterior
Parking Features Detached Garage, Gravel
Garage Spaces 2.0
Waterfront Description Lake Privileges
View Y/N true
View Bridge(s), Canal
Roof Type Shingle, Other
Lot Frontage 59.87
Lot Depth 288.0
Garage Yes
Building
Lot Description Urban, Ample Parking, Arts Centre, Beach, Campground, Dog Park, City Lot, Near Golf Course, Highway Access, Hobby Farm, Hospital, Industrial Park, Library, Major Highway, Marina, Park, Place of Worship, Playground Nearby, Rec./Community Centre, Schools, Shopping Nearby, Trails
Faces WELLAND ST RUNS ALONG THE EAST SIDE OF THE CANAL, FRASER RUNS EAST OFF OF WELLAND ALONG THE FRIENDSHIP TRAIL
Story 2
Foundation Block, Poured Concrete
Sewer Sanitary
Water Municipal-Metered
Level or Stories 2
Structure Type Stucco
New Construction No
Others
Senior Community false
Ownership Freehold/None
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