$69,900

For sale

#229 1501 Line 8 Road, Niagara-on-the-Lake (Queenston) - Single Family for Sale

#229 1501 Line 8 Road, Niagara-on-the-Lake (Queenston), Ontario, L0S1J0

3 beds1 bath1 parking350 ft²Listed 67 days ago

Overview

This 3-bedroom, 1-bathroom home in Niagara-on-the-Lake is for sale offering roughly 350 sq ft of space. It has been on the market 67 days, fresher than the Niagara-on-the-Lake average of 137 days.

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Description

NIAGARA ON THE LAKE SEASONAL LIVING! This beautifully maintained 3 bed, 1 bath Northlander Spruce cottage is located in Vine Ridge Resort in a wonderfully serene area of Niagara-on-the-Lake, close to the Niagara River, Queenston Heights, including beautiful views of the escarpment. Open from May 1 to October 31, this is a fantastic opportunity to acquire this cottage for personal use or as an investment. This unit is turn-key ready, fully furnished, and waiting for you! With UPGRADES including hot water on demand, new A/C, porch roof and some new mattresses, this unit stands out from the others. This resort offers great amenities including the heated in-ground pool, multi-sports court, playground, picnic areas and many scheduled activities and events planned throughout the season. Only minutes away from exquisite wineries, dining, shopping, and theatres, and cute downtown area of Niagara-On-The-Lake. Site fees FULLY PAID for this season! This unit is priced to sell! (id:66096)

Property Details

MLS®: X13724902
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 350 ft²
Storeys: 1
Style: Bungalow
Basement: None
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Pool: Yes
Ownership: Leasehold
Listed: 67 days ago

Rooms

Main level

Kitchen: 3.53 x 2.29 meters
Living room: 3.53 x 4.55 meters
Bedroom: 3.12 x 2.18 meters
Bedroom: 1.98 x 1.65 meters
Bedroom: 1.98 x 1.8 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Exterior: Vinyl siding
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

67d

Niagara-on-the-Lake (Queenston) listings, avg age

137d

Price / ft²

$200

List price

$70K

Haho

This 3-bed single family in Niagara-on-the-Lake (Queenston) has been listed for 67 days, which is 70 days fresher than the city average of 137. Act while there is still low competition.

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Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE · Gordon Kentie

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0S)

This home lists at $69,900, about 0.7× the local median household income of $95,000.

Carrying it typically needs a household income of about $13,654 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$69,900· $200/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $3,495

Min 5%50%

Mortgage payment$368/mo

↳ CMHC premium ($2,656 capitalized)

Est. property tax$0/mo

Total monthly$368

Cash Needed to Close

Down payment (5%)$3,495

Land transfer tax$424

Est. closing costs$2,710

Total cash needed$6,629

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