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.
Exciting SHOVEL READY development opportunity in the heart of Old Town Niagara-on-the-Lake! Located at 2203 Niagara Stone Road, this proposed site has potential for 9 executive townhomes, offering a rare chance in one of Canadas most prestigious and picturesque communities. Ideally situated along the main gateway to Old Town, future residents will enjoy being walk distance to boutique shops, fine dining, art galleries, and the renowned Shaw Festival Theatre. Just minutes from award-winning wineries, Niagara-on-the-Lake Golf Club, the scenic Lake Ontario waterfront, and beautiful parks, this location provides the perfect blend of luxury, culture, and convenience making it a lucrative builder opportunity. The site also offers easy access to major highways, making it a seamless commute to Niagara Falls, the QEW through to Toronto. With strong demand for upscale housing in this affluent area, this is an unparalleled investment opportunity in a thriving real estate market. Considerable site preparations have already been completed including but not limited to - removal of unstable material & site compaction, construction of dry lay stone retaining wall, transformer, light fixtures and street lampposts available, and grinder pumps for 6 units are available to the purchaser - a value add of approximately $725,000 has already been done for you by the developer! Plans are available for 6 townhomes - but the site is pending approval for up to 9. Don't miss out on this prime development site in one of the most desirable destinations in the country!
Demographic data is not available for this area yet.
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Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
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$10,441/mo
Mortgage (principal + interest)$10,288
Property taxFrom listing: $1,842/yr$154
Minimum 20% ($550,000 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$550,000
Ontario land transfer taxProvincial brackets, no first-time refund$55,225
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$608,025
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.
