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180 Fares Street
876 - East Village Port Colborne L3K 1W4

$619,000 /For Sale
Commercial

Main Photo: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
Photo 1: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
Photo 2: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
Photo 3: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
Photo 4: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
Photo 5: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
Photo 6: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
Photo 7: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
Photo 8: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
Photo 9: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12965606
Bus Major:
Apts - 6 To 12 Units
180 Fares St is prepped for development, with Approved Building Permits already in place for four 2-bedroom units and four 1-bedroom units. Most of the framing is already completed as per new building permit drawings and new windows already installed. The property sits in a high-potential neighborhood that is on the brink of major transformation. It's set to benefit from several major upcoming projects, including the future City Waterfront Centre, a year-round multi-use hub that will serve cruise ship guests and host community events. Just around the corner, Rankin is wrapping up construction on a 9-storey, 72-unit condo building. Plus, the Marina District is being reimagined with city plans to create 5 to 8 new urban blocks here, with commercial space on the ground floor, residential units above, and new walking paths, parks, and event spaces throughout. The location is unbeatable walking distance to downtown, grocery stores, restaurants, parks, the canal, and more. This is a prime investment opportunity in a rapidly evolving area. Property is being sold as is condition. Seller open to offering up to 25% Vendor Take-Back (VTB) financing, creating a unique opportunity for buyers seeking flexible financing options.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
3480 sq. ft. Square Feet
Total Area:
3,480 sq. ft.
Lot Depth:
100'
Lot Frontage:
36'
Water supply:
Municipal
Zoning:
NC
Heating type:
Other
Garage:
Outside/Surface
Parking Spaces:
4
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$5,217 / 2025
Assessment:
$- / 2025
Niagara
Port Colborne
876 - East Village
Utilities:
Available
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Apr 07, 2026
Original Price:
Previous Price:
  • Photo 1: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
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  • Photo 2: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
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  • Photo 3: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
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  • Photo 4: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
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  • Photo 5: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
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  • Photo 6: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
    Basement
  • Photo 7: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
    First Floor
  • Photo 8: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
    Second Floor
  • Photo 9: 180 Fares Street in Port Colborne: 876 - East Village Commercial for sale : MLS®# X12965606
    Site Plan
Listed by Toronto Real Estate Realty Plus Inc
Data was last updated April 8, 2026 at 04:15 AM (UTC)
DARYL  KING
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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

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You can find listings across major cities and growing suburbs where rental demand remains strong.