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For saleMLS® X13095822

563 Killaly Street E, Port Colborne, ON L3K 2J8

Killaly East · L3K 2J8

$13,500,000

$15 / sq ft

6 months on market

Total area
886,882 sf
Lot
155.4 × 381.55 ft

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About this property

The development proposes a total of 290 dwelling units. The Draft Plan of Subdivision divides the subject lands into 12 blocks in total, comprising two blocks designated for Condo Townhouses, three blocks for Street Townhouses, one block for Stacked Condo Townhouses, and one block for Semi-Detached Dwellings. Additionally, the subdivision includes blocks for an archaeological site, an acoustic barrier, a flood storage compensation zone, a stormwater management facility, and a pedestrian path leading to the Friendship Trail. Zoning And Draft Plan Approved For 290 Townhouse Units (Mixed). 7 Min Drive From Asahi Kasei New Battery Plant. 5 Minute Drive To Welland. 25 Mins To Us Border (Peace Bridge). 25 Min Drive To Niagara Falls. 25 min drive to St Catharines. Emerging tourism sector with Great Lake Cruise ships stopping in Port Colborne for the Welland Canal.

Property details

Property

Property type
investment
Interior size
886,882 sq ft
Lot size
155.4 × 381.55 ft
Zoning
R4-83
Possession
Immediate

Interior

Cooling
No

Costs

List price
$13,500,000
Property taxes
$22,512 / year (2025)
Price per sq ft
$15

Listing

MLS® number
X13095822
Status
For sale
Listed
May 7, 2026
Days on market
182
Last updated
July 7, 2026
Listing brokerage
Cushman & Wakefield Waterloo Region Ltd

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

Mortgage estimate

Down payment20.0% · minimum $2,700,000
$2,700,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$59,715.05
Property tax (est.)
$1,876.00
Estimated monthly
$61,591

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$323,975
Total due on closing
$323,975

An estimate on the asking price of $13,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Cushman & Wakefield Waterloo Region Ltd. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$13,500,000

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