$1,350,000
Niagara-on-the-Lake
290 Four Mile Creek Road, Niagara-on-the-Lake (St. Davids), Ontario, L0S1P0
This 3-bedroom, 2-bathroom home in Niagara-on-the-Lake is for sale offering roughly 1,750 sq ft of space. Listed at $1,350,000, it is attractively priced about 8% below the $1,465,000 median asking price in Niagara-on-the-Lake. It has been on the market 56 days, fresher than the Niagara-on-the-Lake average of 69 days.
A rare opportunity to own one of Niagara's most historically significant properties while benefiting from an established income-producing investment. Known as Clement House, this remarkable residence was built in 1786 by Joseph Clement and is the only non-stone home to have survived the burning of St. Davids in 1814.Meticulously restored with thousands invested in premium upgrades, this turnkey property seamlessly blends historic charm with modern comfort. Currently operating as a highly successful Airbnb, it boasts an exceptional 4.99-star guest rating and strong appeal to visitors seeking a unique Niagara wine country experience.An outstanding feature of this offering is the included additional parcel measuring approximately 53' x 193', directly attached to the property and backing onto the award-winning Ravine Winery vineyard. This rare bonus provides added privacy, breathtaking vineyard views, and long-term value potential.The beautifully landscaped grounds feature a spacious private patio overlooking the grapevines, natural gas BBQ, wood-burning firepit, two-person swing, and spectacular sunset views. Inside, the fully updated home offers premium finishes, a gourmet kitchen with gas stove and quality appliances, updated bathrooms, luxury accommodations, in-home laundry, high-speed internet, and CAT5 wiring.Ideally located on the Niagara Escarpment, just minutes from Niagara-on-the-Lake and Niagara Falls, and surrounded by wineries, golf courses, restaurants, walking and cycling trails, shopping, and everyday amenities.Whether you're seeking a proven short-term rental investment, a private wine country retreat, or a legacy property, Clement House presents a unique opportunity to own a piece of Niagara history with exceptional income potential in one of the region's most desirable destinations. (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.
Long Listed: 56 days on market, against an average age of 69 days across the listings currently for sale in this city
This 3-bed single family in Niagara-on-the-Lake (St. Davids) has been listed for 56 days, which is 13 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 $1,350,000, about 14.2× the local median household income of $95,000.
Carrying it typically needs a household income of about $263,702 (20% down, 25-yr amortization, stress-tested) — roughly 178% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0S)
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