652 Steele Street

Main Street, Port Colborne · MLS® X12960030

Land · Vacant Land · 201 days on market

listed by Ron Vahrmeyer, COLDWELL BANKER MOMENTUM REALTY, BROKERAGE

realtor's description

Attention investors and builders! Looking for a project? This buildable corner lot is zoned R2 which allows for up to 3 units to be built on it. This lot is attractively priced to sell and comes with a survey and preliminary building drawings. This lot is in a fantastic location to either add to your investment portfolio or to start a brand new one. It is very close to so many amenities such as shopping, restaurants, schools, the sports complex and so many others. This 42 ft X 99 ft corner lot has so much potential as the zoning allows for either 3 units under one roof or 2 units under one roof and an accessory unit in the backyard. More details are available!!

property details

type: Land, Vacant Land
parking: 0
property tax: $1,600 / yr
days on market: 201
MLS®: X12960030

monthly cost

$939/mo

Mortgage $806 · Tax $133

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

estimated payment

$806/ monthly

loan $147,920

25-year amortization

down payment20% · $36,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $93,757
cash to close: $36,980; down payment; transfer tax and fees not included
total paid: $241,677

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