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.
This gorgeous 2 bedroom, 3 bath luxury end-unit townhouse showcases exquisite high-end finishes throughout, along with two private balconies and a fully finished walk out basement leading to a beautifully manicured patio with exclusive access to the tranquil Two Mile Creek Conservation Area. The home also features an attached 1.5 car garage with additional parking for two vehicles.The stunning kitchen is equipped with abundant upgraded cabinetry and fixtures, quartz countertops, stainless steel appliances, and a wine fridge. The open concept living area is enhanced by custom curtains and blinds, including motorized Hunter Douglas blinds, and offers seamless access to a balcony through large sliding doors overlooking the picturesque ravine. The living room is both spacious and bright, anchored by a sophisticated electric fireplace with a stacked stone feature wall.The primary bedroom retreat includes its own private balcony, two closets with built-in cabinetry by Closets by Design, and a luxurious 5+ piece ensuite featuring double sinks, quartz countertops, upgraded faucets, a standalone soaker tub, and a glass shower.The fully finished basement adds exceptional living space with laminate flooring, a 3 piece bathroom, a dedicated exercise room, a Murphy bed, and a second fireplace with built in bookcases and cabinetry, along with a walk out to the patio.Additional features include pot lights, built in sound, a light and security system, three exterior cameras, and a dedicated personal hub with a Google WiFi mesh network. A private in home elevator provides convenient access to all levels.Located in a highly coveted community in Old Town Niagara-on-the-Lake, this home is within walking distance to the library, community centre, scenic trails, world-class wineries, fine dining, boutique shopping, and the Shaw Festival Theatre.
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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$4,943/mo
Mortgage (principal + interest)$3,741
Property taxFrom listing: $8,036/yr$670
Condo feesFrom listing$533
Minimum $74,990 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$199,980
Ontario land transfer taxProvincial brackets, no first-time refund$16,473
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$219,253
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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