Niagara-on-the-Lake L0S 1J0

Property

Ownership: For Sale
Type: Unknown
Rooms: 15
Bedrooms: 4 BR
Bathrooms: 3
Pets: Pets No

Financials

Price:C1,650,000
($1,192,290)
(€1,023,952)
Annual Taxes:C9,642
505 Park Ave, New York, NY 10022

Description

PRIME OLD TOWN LOCATION WITH INCOME-GENERATING APARTMENT. Now attractively priced and positioned to sell. This 4-bed, 4-bath character home located just steps from Queen Street, offers a unique combination of lifestyle and investment potential. A fully legalized self-contained apartment above the garage provides income potential of $1,600/month. At a 6% cap rate, this suite alone is valued at $320,000, effectively pricing the main residence at just $1,330,000. Exceptional value for this location, size, and flexibility. The main home features timeless 1890s charm blended with modern updates and over 3,400 sq ft of living. Enjoy a finished basement, 2-car garage, and a breezeway connecting the apartment, while maintaining full privacy with separate entrance, laundry, utilities; heat/AC, and hot water tank. Whether you're hosting family and friends' weekends, strolling to Shaw Theatre and local cafés and restaurants, or welcoming guests or tenants into the fully renovated bachelor apartment, this address delivers both charm and cash flow. This is a rare opportunity to own a heritage-style property that offers both financial return and the Niagara lifestyle at its finest. Offers welcome anytime.

Amenities

  • Accessory Apartment
  • Alarm system
  • Family Room
  • Porch

PRIME OLD TOWN LOCATION WITH INCOME GENERATING APARTMENT.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.