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.
Nestled in the heart of Niagara on the Lake, this exquisite 2.89-acre farm property offers an unrivaled opportunity for both agricultural pursuits and commercial ventures. Boasting top-quality agricultural soil, the land promises abundant yields and a prosperous future for farming activities, vineyards, or a boutique organic produce business. The property's prime location, mere minutes from the charming and bustling town center, ensures easy access to local markets, high visibility for any commercial endeavor, and a connection to the vibrant community life Niagara on the Lake is celebrated for. The unique zoning of this property, with both commercial and agricultural designations, opens up a world of possibilities. Whether you dream of opening a quaint farm-to-table restaurant, a rustic bed and breakfast, or maintaining the tranquil beauty of a working farm, this property provides the flexibility to bring your vision to life. The surrounding conservation area not only enhances the serene beauty of the locale but also promises a peaceful retreat from the hustle and bustle, ensuring that your venture or lifestyle harmonizes with nature's tranquility. Embrace the opportunity to own a piece of Niagara on the Lake's renowned landscape. This property is not just a parcel of land but a gateway to a lifestyle coveted by many a blend of entrepreneurial spirit and the simple joys of country living, all within reach of urban conveniences. Don't miss out on the chance to make this versatile property your own and to set the foundation for a thriving enterprise or a peaceful homestead in one of the most desirable locations in the region. ALSO SOLD AS A BUNDLE WITH 1378 LAKESHORE & LOT 154 FIRELANE 2
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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$3,382/mo
Mortgage (principal + interest)$3,367
Property taxFrom listing: $184/yr$15
Minimum $65,000 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. 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$180,000
Ontario land transfer taxProvincial brackets, no first-time refund$14,475
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$197,275
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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