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$2,150,000
Niagara-on-the-Lake
1320 Niagara Stone Road, Niagara-on-the-Lake (Virgil), Ontario, L0S1T0
This 3-bedroom, 2-bathroom home in Niagara-on-the-Lake is for sale.
On Offer is a unique opportunity; a sprawling 3 bedroom, 2 bath ranch bungalow set on a pie-shaped estate lot of .954 acre which backs on to a playground / park PLUS 3 recently severed single family residential building lots! The mid-century century home is ready to be reimagined and revitalized - please see the "virtual" renovation images for suggestions. The basement is partially finished and there is a three-season garden room addition. There is inside access to the attached over-size double garage which also has a drive-through door. The home is "solid as a rock" but sold "as is" without representation or warranty. If you are willing to roll up your sleeves, this diamond-in-the-rough is ready for its second debut. Now, if you are looking for a larger project, the three single family building lots offer the potential to create a "family compound" or an infill development. or of course, they can be combined with the bungalow's lot. NOTE: HST would be applicable to purchase of the severed lots .NOTE: "taxes not yet assessed."" (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 197 days on market, against an average age of 64 days across the listings currently for sale in this city
This 3-bed single family in Niagara-on-the-Lake (Virgil) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,150,000, about 22.6× the local median household income of $95,000.
Carrying it typically needs a household income of about $419,970 (20% down, 25-yr amortization, stress-tested) — roughly 342% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0S)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.