The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Escape to Elegance: Dream Farm Property in Niagara on the Lake Nestled in the heart of Niagara on the Lake, this exquisite 10-acre farm property offers a blend of luxury, tranquility, and agricultural prowess, making it an unparalleled investment. Boasting top-grade Complex 1 soil, the land currently nurtures a flourishing tender fruit orchard, testament to its fecundity and potential for a variety of agricultural ventures. With the added benefit of significant agricultural tax implications and savings, this property presents a unique opportunity to cultivate a prosperous and sustainable lifestyle. Envision constructing your dream home amidst the picturesque landscape, where every window frames the serene beauty of rural nature. The property's strategic location near the quaint town, surrounded by esteemed wineries and distilleries, ensures you enjoy the tranquility of country living without sacrificing convenience. Imagine your mornings beginning with the gentle rustle of leaves, your days marked by the joy of harvesting your own produce, and your evenings settling down to the peaceful silence of the countryside, with the proximity to cultural experiences just a short drive away. The land's exceptional position, abutting Four Mile Creek and having frontage on either Firelane 2 or Lakeshore Road, offers not just stunning views but also a sense of exclusive retreat. This rare gem in a prime area promises more than just a home; it offers a lifestyle of leisure, luxury, and a return to nature. Whether you're an aspiring vintner, looking to expand your agricultural portfolio, or dreaming of a serene haven to call home, this property in Niagara on the Lake awaits to transform your dream into reality. Embrace the opportunity to carve out your own piece of paradise in one of the most sought-after locations. *ALSO SOLD AS A BUNDLE WITH 1332 LAKESHORE & 1378 LAKESHORE
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$5,674/mo
Mortgage (principal + interest)$5,611
Property taxFrom listing: $756/yr$63
Minimum 20% ($300,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$300,000
Ontario land transfer taxProvincial brackets, no first-time refund$26,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$329,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Niagara-on-the-Lake has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
