48 Johnston Street

Killaly East, Port Colborne · MLS® X12798840

2,000 sq ft · Land · Vacant Land · 248 days on market

listed by Nicki Lumsden, RE/MAX NIAGARA REALTY LTD, BROKERAGE

realtor's description

An exceptional opportunity to acquire a well-located commercial vacant land parcel with existing improvements. Currently improved with a multi-unit residential structure and a two-storey garage, this property is being marketed for its land value and redevelopment potential. Ideal for investors or developers seeking a strategically positioned site in an established, high-demand neighbourhood. Conveniently situated near schools, shopping, dining, and major transportation routes, this site benefits from strong visibility, accessibility, and long-term growth prospects. Whether held for future redevelopment or repositioned to maximize its highest and best use, this property represents a smart addition to a commercial real estate portfolio.

property details

type: Land, Vacant Land
living area: 2,000 sq ft
parking: 0
property tax: $2,706 / yr
days on market: 248
MLS®: X12798840

monthly cost

$1,964/mo

Mortgage $1,738 · Tax $226

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$1,738/ monthly

loan $319,200

25-year amortization

down payment20% · $79,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $202,321
cash to close: $79,800; down payment; transfer tax and fees not included
total paid: $521,521

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.