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.
Introduce yourself to an ideal farm lifestyle setting. High quality, hand built 3bed brick bungalow, well maintained since 1963. This one of the rare remaining examples of a generation that built properly, cared for their homes and took pride in what they were building. Sitting on almost 22acres of Vineyard, this well built home affords a life carved out of the farming operation and almost completely separate. Landscaped, private yard with concrete patio, attached 2car garage, substantial garden shed and a feeling of home that modern builds can't match. Current farm tenant willing to continue farm operations, this could be the arrangement that finally affords you the country life you've only thought of as a fantasy. Ideal Sandy Loam soil is prized in agricultural circles, location only 15min from every amenity only adds to the value of life here. Further to all of that, the possibilities of Biking through wine country, endless trail along the Niagara River taking you either Niagara Falls, or Niagara-on-the-Lake.... the lifestyle is fantastic. The Vine them have been planted and cared for by a family of farmers for years, varieties include: Cab Franc 1.74ac, Baco 2.09ac, Pinot Noir 1.43ac, Vidal 7.93ac, Riesling 0.59ac, Sauv Blanc 0.64ac, Merlot 0.66ac, DeChaunac 0.84ac, Chard 0.72ac. With wind machine on site, these precious grapes are well taken care of.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
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$9,191/mo
Mortgage (principal + interest)$8,978
Property taxFrom listing: $2,555/yr$213
Minimum 20% ($480,000 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$480,000
Ontario land transfer taxProvincial brackets, no first-time refund$46,475
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$529,275
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.
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