$2,599,000
↓ $701,000 from $3,300,000
Est. payment $11,508/moCalculate yours
1033 FIRELANE 1 Road, Port Colborne, ON L3K 5V3
874 - Sherkston, Port Colborne, ON L3K 5V3
- 7 + 3 Beds
- 4 Baths
- 2 Garage
- 3,500 Sq Ft
Listing courtesy of Century 21 Heritage House LTD MLS® X12523836
About this home
This extraordinary Lake Erie waterfront property, offers 205 feet of shoreline and 2.7 acres on beautiful Lorraine Bay. With a sandy beach, shallow entry and direct southern exposure, you’ll enjoy sun-filled days & panoramic views across the lake to New York State.This estate features two idyllic homes positioned side by side, each with its own driveway, lakeside porch & water access. The guest home is 1061sqft & has been fully renovated & winterized. Live in one and invite family or friends to enjoy the other.The main residence is 3595sqft showcasing a grand living room with vaulted ceilings, wood floors, built-in bookshelves & a cozy reading loft. A stunning stone fireplace & built-in bench seating frame the breathtaking views of Lorraine Bay. With 7 bedrooms, 3 full bathrooms and an additional large attic room that could serve as a playroom, studio, or sleeping quarters, there’s space for everyone. The bright dining area & a covered porch with custom swings make this home ideal for gathering & entertaining.The guest home offers three bedrooms, one bath & a charming stone fireplace in the open-concept living & dining area with easy access to a covered deck overlooking the lake. An unfinished attic provides additional potential for expansion or storage.The north side of the property, across Firelane 1, includes a tennis court with a shaded seating area & a large barn once used for horses, bordering Whiskey Run Golf Course. The sandy beach ensures endless summer enjoyment in a peaceful and family-friendly bay.Conveniently located close to restaurants, marinas, major hwys, this property is just 25 minutes from Buffalo & Niagara Falls, and 1.5 hours from Toronto. The potential here is unlimited - whether as a private family estate, vacation retreat, or investment opportunity. Severance may be possible; buyer to conduct their own due diligence.Don’t miss your chance to own this rare piece of lakeside paradise!
Property details
Overview
- Property Type
- Detached
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 51-99
- Size
- 3,500 sqft
Interior
- Bedrooms
- 7 + 3
- Bathrooms
- 4
- Kitchens
- 2
- Total Rooms
- 17
- Basement
- Unfinished, Partial Basement
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Stucco (Plaster), Wood
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 205.5 x 606 Feet
- Parking
- Detached garage · 22 total
- Zoning
- LREP
Financial
- Property Taxes
- $21,976 (2025)
Location
- Neighbourhood
- 874 - Sherkston
- Cross Street
- South on Lorraine Rd, Turn left on Firelane 1 through the Stone Gate
- Direction Faces
- South
Listing
- MLS® Number
- X12523836
- Days on Market
- 345
- Listed On
- 2025-11-07
- Possession
- Flexible
- Listed By
- Century 21 Heritage House LTD
Rooms
Features
Interior
- Workbench
- Water Treatment
- Water Heater
Property
- Golf
Pool
- None
Mortgage calculator
Estimated mortgage payment
$11,508 per month
- Principal and interest
- $11,508
- Property tax
- $1,831
- Condo fees
- $0
- Estimated monthly cost
- $13,339
Your mortgage
- Mortgage amount
- $2,079,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,373,143
Cash to close
- Down payment
- $519,800
- Land transfer tax
- $51,450
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $571,250
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.