$995,000

For sale

46 Melrose Drive, Niagara-on-the-Lake (St. Davids) - Single Family for Sale

46 Melrose Drive, Niagara-on-the-Lake (St. Davids), Ontario, L0S1J0

3 beds3 baths10 parking1,300 ft²103 × 221 ft (22,686 sq ft) lot sizeListed 27 days ago

Overview

This 3-bedroom, 3-bathroom home in Niagara-on-the-Lake is for sale offering roughly 1,300 sq ft of space. Listed at $995,000, it is attractively priced about 32% below the $1,465,000 median asking price in Niagara-on-the-Lake. It has been on the market 27 days, fresher than the Niagara-on-the-Lake average of 69 days.

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Description

An exceptional Bevan Heights bungalow with an impressive 103 x 220 ft lot, offered at $995,000, 46 Melrose Drive presents an outstanding opportunity to secure a beautifully maintained home in one of Niagara's most sought-after neighbourhoods. Surrounded by executive homes, mature trees, and natural beauty, this property offers the space and privacy to enjoy today, with room to bring your vision to life over time. Offering over 2,200 sq. ft. on the main floor, the home features two spacious bedrooms, 1.5 bathrooms, generous principal rooms, and large windows that frame the surrounding greenery. Enjoy its comfortable, inviting layout as it is, introduce your own updates, or reimagine the spaces to suit your lifestyle. A fully finished lower-level in-law suite with an additional bedroom and bathroom adds flexibility for extended family, guests, or multi-generational living. The setting is what makes this opportunity truly special. A private walking trail winds through the tree-lined property, while the expansive backyard offers space to garden, entertain, and create your own outdoor retreat. Whether your vision includes relaxed bungalow living, bringing family together, or thoughtfully transforming a home in an established neighbourhood, there is an exceptional foundation at 46 Melrose Drive. (id:66096)

Property Details

MLS®: X13881924
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 10
Interior Size: 1,300 ft²
Lot Size: 103 × 221 ft (22,686 sq ft)
Frontage: 103 ft
Storeys: 1
Style: Bungalow
Basement: Full
Heating: Natural gas, Other, Other
Cooling: Window air conditioner
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Main level

Bedroom: 2.88 x 3.87 meters
Primary Bedroom: 3.28 x 5.76 meters
Foyer: 2.06 x 3.58 meters
Kitchen: 3.5 x 2.94 meters
Eating area: 5.2 x 2.66 meters
Living room: 5.59 x 4.01 meters
Dining room: 4.17 x 3.49 meters
Bathroom: 0.8 x 2.32 meters
Bathroom: 2.88 x 2.32 meters
Laundry room: 1.8 x 3.94 meters

Basement

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Dryer, Microwave
Foundation: Block
Exterior: Stone, Stucco
Lot Features: Ravine, Conservation/green belt, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

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

69d

Price / ft²

$765

List price

$995K

Haho

This 3-bed single family in Niagara-on-the-Lake (St. Davids) has been listed for 27 days, which is 42 days fresher than the city average of 69. Act while there is still low competition.

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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE · Rana El Saharty

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0S)

This home lists at $995,000, about 10.5× the local median household income of $95,000.

Carrying it typically needs a household income of about $194,358 (20% down, 25-yr amortization, stress-tested) — roughly 105% 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)

$995,000· $765/ft²

For sale

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Full Cost Breakdown

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Down Payment7.49% · $74,500

Min 7.49%50%

Mortgage payment$5,103/mo

↳ CMHC premium ($36,820 capitalized)

Property tax (est.)$609/mo

Total monthly$5,713

Cash Needed to Close

Down payment (7.49%)$74,500

Land transfer tax$16,375

Est. closing costs$5,485

Total cash needed$96,360

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