



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$62,500
Niagara-on-the-Lake
#502 1501 Line 8 Road, Niagara-on-the-Lake (Queenston), Ontario, L0S1J0
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 90 days, fresher than the Niagara-on-the-Lake average of 132 days.
Welcome to Unit 502, it is Ideally located within the community. It comes complete, totally turn-key, with everything you need. Just bring your clothes and food! This cottage offers a comfortable setting with easy access to the resort's many amenities. Inside features include 3 bedrooms, accommodation to sleep up to 8 comfortably, 1 full bathroom, a practical kitchen featuring high end GE appliances, and a bright, comfortable living area perfect for relaxing or hosting. Truly turn-key. The resort operates May 1 to October 31, giving you six months to enjoy one of Niagara's top vacation destinations. Ownership includes unlimited use of the pool, splash pad, Kids Club, sports courts, playgrounds, events, and WiFi at the Welcome Centre. Annual resort management fees cover water, sewage, hydro, grass cutting, and general maintenance, allowing for truly carefree living, with owners only responsible for propane and insurance. In 2025 , the owners rented it out on Air BnB under an agreement with the park covering the Annual Fee of 9593.70 plus over $5,000 in profit. See attached link for Air BnB (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: 90 days on market, against an average age of 132 days across the listings currently for sale in this city
This 3-bed single family in Niagara-on-the-Lake (Queenston) has been listed for 90 days, which is 42 days fresher than the city average of 132. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $62,500, about 0.7× the local median household income of $95,000.
Carrying it typically needs a household income of about $12,208 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA L0S)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice