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$3,275,000
Niagara-on-the-Lake
15 Queen Street, Niagara-on-the-Lake (Town), Ontario, L0S1J0
This retail property in Niagara-on-the-Lake is for sale offering roughly 1,780 sq ft of space. It has been on the market 28 days, fresher than the Niagara-on-the-Lake average of 69 days.
A Strategic Investment Opportunity in the Heart of Niagara-on-the-Lake. Secure a prominent commercial presence in one of Old Town's most established and sought-after locations. Dating back to 1835, this historic building combines timeless character with a high-profile position just steps from the iconic Queen & King Street intersection.The bright main-level commercial space offers exceptional visibility and strong leasing appeal, making it ideally suited for a boutique retailer, gallery, specialty business, or continued bakery operation. With steady pedestrian traffic, excellent vehicular exposure, and two dedicated off-street parking spaces, the property offers the key fundamentals businesses and investors look for in a premium downtown location.Adding significant value is the fully renovated upper-level apartment, currently operating as a successful Airbnb/Vacation Rental accommodation. Thanks to its centralized Old Town location, it has historically attracted strong demand and consistent bookings at premium nightly rates, providing a proven additional income stream for the property.An exceptional opportunity to secure a landmark, fully income-producing property in one of Ontario's premier tourism destinations, offering established commercial tenancy, proven short-term accommodation revenue, heritage character, strategic location, and long-term investment strength. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 28 days on market, against an average age of 69 days across the listings currently for sale in this city
This retail in Niagara-on-the-Lake (Town) has been listed for 28 days, which is 41 days fresher than the city average of 69. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $3,275,000, about 34.5× the local median household income of $95,000.
Carrying it typically needs a household income of about $639,722 (20% down, 25-yr amortization, stress-tested) — roughly 573% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0S)
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