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.
Location, historic ambience and spacious grounds--everything to be admired in an Old Town Niagara home! This imposing, well maintained Victorian villa built circa 1860 in the Gothic Revival style displays all the characteristics of that picturesque architectural period to include the three bay facade, centre-hall floor plan, gabled roof, spacious front verandah, ginger bread trim, decorative small steeple and the white picket fence. Only half a block from the Niagara River and Lake Ontario, one block from vibrant Queen St and close walking distance to parks, golf course and Shaw Festival theatres this location could not be better! The home is set in extra large beautifully landscaped, grounds characteristic of estate lots found throughout the Old Town. Apart from the addition of necessary modern updates many original details remain including an impressive front entrance with 3 light transom, wood floors, generous trim work, windows and shutters, 4 panel doors and an elegant staircase with button newel post and decorative spindles. The three tastefully decorated, spacious principal rooms are light and airy with high ceilings and tall arched windows. A bright country kitchen with lots of cupboard storage and counterspace adjoins a large laundry and mud room area. Four attractively decorated bedrooms and 2 updated bathrooms complete the upper floor. The lush colorful gardens provide several sitting areas including a Moroccan inspired courtyard. Marrakech Mansion has been enjoyed in recent years as a very successful boutique holiday rental but retains the ambience of a large comfortable home for which it is still well suited.
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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$11,211/mo
Mortgage (principal + interest)$10,101
Property taxFrom listing: $13,329/yr$1,111
Minimum 20% ($540,000 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$540,000
Ontario land transfer taxProvincial brackets, no first-time refund$53,975
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$596,775
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.
