$699,000
Niagara-on-the-Lake
Times shown are local to the property.
42 Loretta Drive, Niagara-on-the-Lake (Virgil), Ontario, L0S1T0
This 2-bedroom, 2-bathroom home in Niagara-on-the-Lake is for sale offering roughly 1,300 sq ft of space. Listed at $699,000, it is attractively priced about 33% below the $1,049,900 median asking price in Niagara-on-the-Lake. It has been on the market 9 days, fresher than the Niagara-on-the-Lake average of 61 days.
Welcome home to Virgil, a family community in the stunning area of Niagara On The Lake and Historic Old Town! Is this your time to get away from the hustle and bustle of big city living and move to what feels like a 365-day vacation spot! Virgil is an excellent place for young families, first time buyers, retirees and everyone in between! This detached all brick bungalow boasts 1,402 sq. ft. & offers complete living on the main floor! Open concept. Living room has floor to ceiling pillars, bay window and gas f/place. Dining room has double French doors leading to the kitchen/breakfast area with a walk out to out to a 6.30m x 3.81m (20.75 x 12.5 ft) deck with railings and a ramp. Crown moldings in lr/dr/hallways. Two bedrooms and a 5-pc washroom on the main floor (dbl sinks, soaker tub, XL shower).The 2nd bedroom can also be used as a office, den, tv room, media room, library, as you see fit. Brand new 8mm vinyl flooring in bedrooms, stairs and basement hallway. Main floor laundry with a laundry sink. Inside access to garage. Open staircase to the basement which has a large partially finished room, a 3-pc washroom and a utility/storage area. Professionally cleaned and immaculate! The front area boasts a front covered porch where you can while away the hours. Mature shade trees, beautiful landscaping, perennials, custom stone work, front sprinkler system. Double car garage w/side door to side yard. Double car driveway. Furnace, AC, Heat Pump, Sump Pump (all 2-3 yrs old). All appliances included + central vacuum, electronic garage door opener. Can you say abundance? Virgil is surrounded by agriculture with vast vineyards, fruit and vegetable orchards. Schools, shopping, arenas, wineries, craft breweries & eateries are plentiful. The Shaw Festival is here too! Walk to the park. Generally, temperatures can be warmer than the GTA. Spring arrives earlier too and it spells "abundance" for what lies around the corner! Come to life in Virgil! You're moving up in every way! (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.
Active: 9 days on market, against an average age of 61 days across the listings currently for sale in this city
This 2-bed single family in Niagara-on-the-Lake (Virgil) has been listed for 9 days, which is 52 days fresher than the city average of 61. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,000, about 7.4× the local median household income of $95,000.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 44% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0S)
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Loading rates, 30-yr amortization
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