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For saleMLS® X13566346

198 Welland Street, Port Colborne, ON L3K 5V8

East Village · L3K 5V8

$1,390,000

$187 / sq ft

3 months on market

Total area
7,435 sf
Lot
300 × 145.58 ft

What's special

  • Outside/surface garage
  • Yes

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About this property

Very well located at the Southwest corner of Clarence St and Welland St steps from the Welland Canal. The light Industrial zoned, 2-storey office building with 25 offices is ideal for a wide variety of uses, from professional offices and technical trades to light industrial and training facilities. Large Paved Parking area approximately 40 parking spaces and option for outside storage. Building measures approximately 7,435 Sq. Ft. with additional portable out back measuring 20 ft x 40 ft. The City is very supportive of improving the neighbourhood Cruise ship tourists (more than 70 scheduled stops per season). Many incentive programs for businesses. Excellent opportunity to invest in Niagara. Cruise ships stopping included Viking, Victory, Pearl Seas and Ponant.

Property details

Property

Property type
industrial
Interior size
7,435 sq ft
Lot size
300 × 145.58 ft
Zoning
Light Industrial - Commercial, Office
Possession
Immediate

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Outside/Surface

Costs

List price
$1,390,000
Property taxes
$13,595 / year (2025)
Price per sq ft
$187

Listing

MLS® number
X13566346
Status
For sale
Listed
July 15, 2026
Days on market
113
Last updated
July 15, 2026
Listing brokerage
RE/MAX ABOUTOWNE REALTY CORP.

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 payment8.2% · minimum $114,000
$114,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,055.22
Property tax (est.)
$1,132.92
Estimated monthly
$8,188

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
$24,275
Total due on closing
$24,275

An estimate on the asking price of $1,390,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ABOUTOWNE REALTY CORP.. 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.

$1,390,000

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