$1,179,000

$1,249,000For salePrice drop↓ $70,000 (6%)

238 Creek Road, Niagara-on-the-Lake (St. Davids) - Single Family for Sale

238 Creek Road, Niagara-on-the-Lake (St. Davids), Ontario, L0S1J0

5 beds6 baths12 parking4,250 ft²80 × 250 ft (20,000 sq ft) lot sizeListed 37 days ago

Overview

This 5-bedroom, 6-bathroom home in Niagara-on-the-Lake is for sale offering roughly 4,250 sq ft of space. Listed at $1,179,000, it is attractively priced about 20% below the $1,465,000 median asking price in Niagara-on-the-Lake. It has been on the market 37 days, fresher than the Niagara-on-the-Lake average of 69 days.

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Description

A rare opportunity to acquire a luxurious early 1900's era home situated in in the heart of St David's. Built by Doctor Duggan in 1911, this 3447 square foot home boasts exceptional curb appeal and is ideal for the most discerning buyer. Purchase as a stately home or to operate as a unique Edwardian Bed and Breakfast. This residence features large principal spaces and 5 large bedrooms all equipped with their own ensuite. The unfinished attic has ample room to accommodate two additional suites. Sitting near the rear of this 1/2 acre lot is a massive two story barn that has many possibilities with its vaulted loft space. (id:66096)

Property Details

MLS®: X13845652
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 6
Half Baths: 1
Parking: 12
Interior Size: 4,250 ft²
Lot Size: 80 × 250 ft (20,000 sq ft)
Frontage: 80 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Radiant heat, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Features

Appliances: Water meter, Water Heater
Foundation: Concrete
Exterior: Concrete Block

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Niagara-on-the-Lake (St. Davids) listings, avg age

69d

Price / ft²

$277

List price

$1.18M

Haho

This 5-bed single family in Niagara-on-the-Lake (St. Davids) has been listed for 37 days, which is 32 days fresher than the city average of 69. Act while there is still low competition.

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Listed by REVEL Realty Inc., Brokerage · Cyrus Gatta

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0S)

This home lists at $1,179,000, about 12.4× the local median household income of $95,000.

Carrying it typically needs a household income of about $230,300 (20% down, 25-yr amortization, stress-tested) — roughly 142% above the area median.

Median household income: $95,000
Population: 60,409
Median age: 53.2
Owner / renter: 87% / 13%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L0S)

$1,179,000· $277/ft²

For sale

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Full Cost Breakdown

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Down Payment7.88% · $92,900

Min 7.88%50%

Mortgage payment$6,022/mo

↳ CMHC premium ($43,444 capitalized)

Property tax (est.)$625/mo

Total monthly$6,647

Cash Needed to Close

Down payment (7.88%)$92,900

Land transfer tax$20,055

Est. closing costs$6,037

Total cash needed$118,992

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