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.
A rare opportunity to own one of Niagara's most historically significant properties while benefiting from an established income-producing investment. Known as Clement House, this remarkable residence was built in 1786 by Joseph Clement and is the only non-stone home to have survived the burning of St. Davids in 1814.Meticulously restored with thousands invested in premium upgrades, this turnkey property seamlessly blends historic charm with modern comfort. Currently operating as a highly successful Airbnb, it boasts an exceptional 4.99-star guest rating and strong appeal to visitors seeking a unique Niagara wine country experience.An outstanding feature of this offering is the included additional parcel measuring approximately 53' x 193', directly attached to the property and backing onto the award-winning Ravine Winery vineyard. This rare bonus provides added privacy, breathtaking vineyard views, and long-term value potential.The beautifully landscaped grounds feature a spacious private patio overlooking the grapevines, natural gas BBQ, wood-burning firepit, two-person swing, and spectacular sunset views. Inside, the fully updated home offers premium finishes, a gourmet kitchen with gas stove and quality appliances, updated bathrooms, luxury accommodations, in-home laundry, high-speed internet, and CAT5 wiring.Ideally located on the Niagara Escarpment, just minutes from Niagara-on-the-Lake and Niagara Falls, and surrounded by wineries, golf courses, restaurants, walking and cycling trails, shopping, and everyday amenities.Whether you're seeking a proven short-term rental investment, a private wine country retreat, or a legacy property, Clement House presents a unique opportunity to own a piece of Niagara history with exceptional income potential in one of the region's most desirable destinations.
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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$5,326/mo
Mortgage (principal + interest)$5,050
Property taxFrom listing: $3,303/yr$275
Minimum $110,000 down for this price; the slider moves in whole percent, starting at 9%. 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$270,000
Ontario land transfer taxProvincial brackets, no first-time refund$23,475
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$296,275
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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