Great Location building/ Development lot on the corner of Fares St & Lake Rd. Only a few minutes walk from the popular Nickel Beach area. Perfect recreational year round community and close to all amenities. Zoned R4 Ideal for multi-family Development! This Is A Rare Opportunity in The Niagara Region With A Lucrative development opportunity. **EXTRAS** City is very supportive of development and has a number of incentive programs to encourage development.
55 Fares Street
876 - East Village, Port Colborne, Niagara $790,000Make an offer
Zoning: R4 High Density
- MLS®#:
- X12406299
- Property Type:
- Investment
- Property Style:
- Area:
- Niagara
- Community:
- 876 - East Village
- Taxes:
- $2,050 / 2024
- Added:
- September 15 2025
- Lot Frontage:
- 187.88
- Lot Depth:
- 323.95
- Status:
- Active
- Outside:
- Year Built:
- Brokerage:
- RE/MAX ABOUTOWNE REALTY CORP.
- Lot :
-
323
187
BIG LOT
- Intersection:
- Lake Rd. and Welland St.
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- None
- Cooling:
- No
- Heating Type:
- Other
- Heating Fuel:
Listing Details
Insights
- Prime Location: The property is situated just minutes from the popular Nickel Beach area, making it an attractive spot for recreational activities and tourism.
- Development Potential: Zoned R4, this property is ideal for multi-family development, offering a lucrative opportunity for investors looking to capitalize on the growing demand for housing in the Niagara region.
- Supportive Local Government: The city is actively encouraging development through various incentive programs, which can significantly enhance the profitability of any investment made on this property.
Neighborhood Overview
Complete neighborhood profile for 55 Fares Street
876 - East Village home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in 876 - East Village
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
