Welcome to this 1 1/2 storey home located on Port Colborne's desirable west side, just a short walk to the lake. This 2 bedroom home offers a spacious yard and a great opportunity to put their own personal touch on the property. The home does require some work and updating. Showings Mon-Fri 5-8pm and weekends. may require 24 hours notice. Lot Size and Square Footage from MPAC *Taxes from Niagara Region Tax Calculator
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $464 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 116 Steele St
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
700-1100 sq ftas stated on the listing
Parking
5 spaces
Basement
Full, Unfinished
Features & systems
Parking & garage
Parking spaces
5
Interior
Basement
Full · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
116 Steele St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13807872$324,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 116 Steele St Compares to the Port Colborne Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,596
/mo
based on the purchase price of $324,900
$64,980 cash
$259,920 financed
$218,921 total interest
Principal54%$259,920
Interest46%$218,921
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Port Colborne
Other 3-bed homes for sale in Port Colborne around $325K.
Average days on market48Homes sold in about 48 days on average.
Sale-to-list ratio94.4%On average, homes sold below asking.
Active listings202Homes for sale here right now.
Median vs prior 90 days−7.5%Compared with May 6 – Aug 4, 2026: prices down.
Based on 93 sales from Aug 4 – Nov 2, 2026 (79 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 116 Steele St
How much is 116 Steele St listed for?
116 Steele St is listed at $324,900 (MLS® X13807872). Summitly updates the price as soon as the MLS® record changes.
Is $324,900 a good price for 116 Steele St?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Port Colborne. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 116 Steele St changed?
No — 116 Steele St is still listed at its original asking price of $324,900.
How many bedrooms and bathrooms does 116 Steele St have?
116 Steele St has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Port Colborne.
How much would the monthly mortgage be on 116 Steele St?
About $1,596 a month — principal and interest on $324,900 with 20% down ($64,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 116 Steele St compare with other homes in Port Colborne?
Its asking price of $324,900 is about 30% below the median sold price in Port Colborne over the last 90 days, $467,000, across 93 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 116 Steele St been sold before?
Summitly has no earlier MLS® sale or lease of 116 Steele St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 116 Steele St?
116 Steele St is in Port Colborne, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 116 Steele St been on the market?
42 days — 116 Steele St was listed on September 21, 2026.
What is the price per square foot of 116 Steele St?
About $295 to $464 per square foot: the asking price of $324,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 116 Steele St have parking or a garage?
Yes — the listing gives 5 parking spaces.
Does 116 Steele St have a basement, and is it finished?
The listing describes the basement as: Full, Unfinished.
