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1498 Firelane 2, Port Colborne, ON L3K 5V3

3 beds · 2 baths · 1 kitchen · 7 rooms · 9 parking spaces · 1500-2000 sq ft · Detached
$1,299,000
Property tax
$7,535 / year

Welcome to this exceptional turnkey estate set on just under 3 private acres, only 150 feet from Lake Erie with exclusive resident beach access. Extensively improved with over $300,000 in recent upgrades, this property offers the waterfront lifestyle without the erosion concerns or higher taxes of direct waterfront ownership. This stunning home features 3 bedrooms, 2 bathrooms, an open-concept layout, heated floors, two gas fireplaces, a custom Del Priore kitchen with granite countertops, JennAir gas range, premium appliances, wine fridge, and a stunning three-season sunroom with fireplace and TV.A standout feature is the newly built 1,000 sq. ft. triple-car garage (2022) with loft, 100-amp service, insulated 9-ft doors, and plumbing for in-floor heating-offering endless potential for guest accommodations, a home office, or studio. The new asphalt driveway provides parking for up to 15 vehicles, ideal for boats, trailers, or entertaining. Additional updates include a 200-amp electrical service, backup generator switch, spray foam insulation, covered concrete patio, water filtration system, fencing, landscaping, 20' x 15' shed, and 30' x 20' dog run. Located in one of Niagara's most sought-after lakeside enclaves, close to wineries, golf, marinas, and everyday amenities, this rare offering combines privacy, space, and a true coastal lifestyle.

MLS number
X13539718
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
L3K 5V3
Photos
42
66days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in Port Colborne405 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$448k$882k$1.32M20252026this home’s asking price
$503klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
94%97%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d31d63d20252026
24dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in port colborne. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 806 people.

$64,000Median household income
62.9%Own their home
51.5%Detached houses
54.8Median age
17.9%Born outside Canada
11.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35260182 — the few blocks around this address, home to 806 people. It describes the area, not this property.

806Population
49.9Average age
2.2Household size
$62,800Average household income
$64,000Median household income
63%Own their home
37%Rent
24%Condominiums
18%Born outside Canada
12%University degree
$448,000Average home value
16%Low income
25%Never married
Under $5,0002%
$10,000 to $14,9992%
$15,000 to $19,9992%
$20,000 to $24,9994%
$25,000 to $29,9992%
$30,000 to $34,9994%
$35,000 to $39,9994%
$40,000 to $44,9995%
$45,000 to $49,9996%
$50,000 to $59,9997%
$60,000 to $69,9997%
$70,000 to $79,9997%
$80,000 to $89,9996%
$90,000 to $99,9995%
$100,000 and over19%
$100,000 to $124,9999%
$125,000 to $149,9994%
$150,000 to $199,9995%
$200,000 and over1%

Percentages are of the 425 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$259,800 · minimum here is $104,900
$5,751.69per month
Borrowed before insurance$1,039,200
Total borrowed$1,039,200
Interest over 25 years at 4.5%$686,307

If you rented it out

-$6,379.61per month out of pocket
Rent$0.00
Everything it costs to hold$6,379.61
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by SAM MCDADI REAL ESTATE INC.. Listing data provided by the Toronto Regional Real Estate Board.