$625,000
Niagara-on-the-Lake
1459 Niagara Stone Road, Niagara-on-the-Lake (Virgil), Ontario, L0S1T0
This 4-bedroom, 2-bathroom home in Niagara-on-the-Lake is for sale offering roughly 900 sq ft of space. Listed at $625,000, it is attractively priced about 40% below the $1,049,900 median asking price in Niagara-on-the-Lake. It has been on the market 6 days, fresher than the Niagara-on-the-Lake average of 60 days.
Rare Licensed STR in Niagara-on-the-Lake Licensed short-term rental opportunity in the heart of Niagara-on-the-Lake, offering a rare turnkey advantage in one of Ontario's most tightly regulated STR markets. This detached single-family home already holds a valid short-term rental license with the Town of Niagara-on-the-Lake, allowing the next owner to continue operating immediately without licensing uncertainty - a significant and increasingly scarce asset. Ideally located at the prominent corner of Four Mile Creek Road and Niagara Stone Road, the property enjoys excellent exposure and accessibility, just minutes from Old Town NOTL and directly within the village of Virgil, surrounded by world-class wineries, acclaimed restaurants, cycling routes, and Niagara's most iconic tourist destinations. The property has a proven income history, generating over $50,000 in gross annual revenue, supported by strong year-round tourism demand and an unbeatable location. The detached layout and functional interior provide exceptional flexibility, making the home equally well suited as a full-time residence, a vacation property, or a turnkey income-producing short-term rental. With ample parking, inviting indoor and outdoor living spaces, and year-round appeal, this is a rare opportunity to own a versatile, licensed property offering income stability and lifestyle value in one of Niagara-on-the-Lake's most sought-after markets. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 6 days on market, against an average age of 60 days across the listings currently for sale in this city
This 4-bed single family in Niagara-on-the-Lake (Virgil) has been listed for 6 days, which is 54 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $625,000, about 6.6× the local median household income of $95,000.
Carrying it typically needs a household income of about $122,084 (20% down, 25-yr amortization, stress-tested) — roughly 29% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0S)
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