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For saleMLS® X14095418

690 Elm Street, Port Colborne, ON L3K 4R1

Main Street · L3K 4R1

$1,550,000

$12 / sq ft

2 weeks on market

Interior
134,165 sf
Lot
271.71 × 511.67 ft

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About this property

690-700 Elm Street, a strategically located development opportunity in Port Colborne, within the growing Niagara Region. The property features a proposed 71-unit development concept combining ground-oriented residential housing with a purpose-built building envisioned for retirement living or long-term care, providing the flexibility to address multiple segments of the local housing market.The proposed development comprises two components: 30 residential units consisting of a mix of single-detached homes, semi-detached dwellings and townhouses, together with a 41-unit building envisioned for retirement residence or long-term care use. This combination provides an opportunity to introduce a range of housing options while incorporating accommodation designed to serve an aging population

Property details

Property

Property type
vacant land
Interior size
134,165 sq ft
Lot size
271.71 × 511.67 ft
Zoning
R4 - CH
Possession
Immediate

Exterior & services

Sewer
Sanitary+Storm

Costs

List price
$1,550,000
Property taxes
$32,809 / year (2026)
Price per sq ft
$12

Listing

MLS® number
X14095418
Status
For sale
Listed
October 19, 2026
Days on market
16
Last updated
October 20, 2026
Listing brokerage
CBRE LIMITED

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.

How this price compares

This home is priced above most comparable listings — about 100% of comparable vacant land listings in Main Street are asking less.

$116KMedian $167K$397K

Based on 10 comparable active vacant land listings in Main Street. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $310,000
$310,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,856.17
Property tax (est.)
$2,734.12
Estimated monthly
$9,590

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
$27,475
Total due on closing
$27,475

An estimate on the asking price of $1,550,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CBRE LIMITED. 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.

$1,550,000

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Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

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