5516 Firelane 25 Lane
Port Colborne, L0S 1R0
FOR SALE
$425,000
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BEDROOMS1
BATHROOMS1
KITCHENS6
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Property Description
Discover your dream getaway at this charming bungalow, just steps from Lake Erie's serene shoreline. With 3 bedrooms and an inviting open-concept layout, this cottage offers the perfect retreat for your family. Let it earn you money when you're not there with the potential to Air BNB. Nestled in a quaint private community & endless adventures await. Don't miss out - secure your slice of paradise today! Recent updates including new facia, eaves, large deck, and mostly newer windows ensure comfort and peace of mind. Your summer escape awaits!
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Property Details
Street
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
59' x 100'
Fronting
North
Taxes
$3,115 (2023)
Basement
Crawl Space
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
None
Water
Other
Parking Spaces
1
Driveway
Available
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | Main | 12.34' x 13.68' | |
| Kitchen | Main | 9.32' x 11.52' | |
| Dining | Main | 7.51' x 16.34' | |
| Prim Bdrm | Main | 9.42' x 10.99' | |
| 2nd Br | Main | 8.76' x 9.42' | |
| Br | Main | 7.84' x 9.32' |
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Port Colborne Market Statistics
Port Colborne Price Trend
5516 Firelane 25 Lane is a 3-bedroom 1-bathroom home listed for sale at $425,000, which is $65,476 (13.3%) lower than the average sold price of $490,476 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom home in Port Colborne declined by $58,524 (10.7%) compared to the previous 30 day period (February 29 - March 29) and down $139,524 (22.1%) from the same time one year ago.Inventory Change
There were 19 3-bedroom homes listed in Port Colborne over the last 30 days (March 30 - April 28), which is up 5.6% compared with the previous 30 day period (February 29 - March 29) and up 90.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Port Colborne typically sold ($18,619) (3.8%) below asking price over the last 30 days (March 30 - April 28), which represents a $3,589 decrease compared to the previous 30 day period (February 29 - March 29) and ($32,000) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Port Colborne over the last 30 days (March 30 - April 28) stood at 110.5%, up from 50.0% over the previous 30 days (February 29 - March 29) and up from 60.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Port Colborne stood at 44 days when successfully sold over the last 30 days (March 30 - April 28), compared to 83 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Golfi Realty Inc.
Similar Listings
Immediate Possession is available for this 1,300 Sq.Ft 3-bedroom, 1.5-bathroom home in Port Colborne west.You'll love the nice covered porch at this charming home's front entrance. The main entry hallway opens to a spacious living room complete with a gas fireplace and a spacious, separate dining room. The eat-in kitchen features granite countertops & sliding doors to a large, covered deck overlooking the backyard. The main floor also provides the convenience of a laundry room & 2 piece bath. The 3 bedrooms and primary bathroom fill the second level.Venture downstairs to the full unfinished basement, where you'll find a workbench and ample storage space for all your hobbies. Outside, the 40' x 132' lot is nicely landscaped, complete with a tranquil pond. The backyard offers privacy and a perfect spot for gardening & relaxing. Completing this property is the 1.5-car garage with another workshop area a dream for your DIY projects. This location is just around the corner from HH Knoll Park on Lake Erie with its playground and marina. Plus, West Street along the Welland Canal and the downtown core, is only a few blocks away, making it easy to frequent local shops, cafes, and community events.
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You are going to love the location of this 1 1/2 storey detached home walking distance to thriving downtown Port Colborne. Enjoy strolls along the historic Welland Canal or wander into one of Port Colborne many eateries and unique boutiques. The home is set up with 2 bedrooms and main bath in the upper level. The main floor has a working kitchen, separate dining room with glass doors to the rear deck over-looking the huge yard. The sun room can be set up as the 3rd bedroom. Full basement with laundry area and plenty of room for storage.
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