1 Zinfandel Crt
Niagara-on-the-Lake, L0S 1J0
FOR SALE
$1,049,900
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2 + 2
BEDROOMS4
BATHROOMS2
KITCHENS12
ROOMSX9366076
MLSIDContact Us
Property Description
CALLING ALL INVESTORS, THIS RENTAL OPPORTUNITY IS NOT TO BE MISSED! Nestled in the heart of a charming, picturesque town, this expansive 1,400 sq ft bungalow offers both a luxurious living space and a remarkable rental income opportunity. The fully finished basement, designed as a self-contained in-law suite, includes its own private entrance, kitchenette, living area, full bathroom, and 2 bedrooms, making it ideal for rental. With the potential to generate nearly $2,500 per month in rental income, this suite offers a fantastic opportunity for additional revenue or flexible living arrangements for extended family. Upstairs, the main floor features 2 cozy bedrooms and 2.5 modern bathrooms, with both bedrooms enjoying ensuite bathrooms for enhanced privacy and comfort. The large, open-plan living and dining area is perfect for entertaining or relaxing, while the spacious kitchen, equipped with modern appliances, sleek countertops, and ample storage, is a dream for home chefs. Located close to excellent schools, this property is perfect for families. Surrounded by scenic vineyards and offering a serene lifestyle, the home is also conveniently close to local amenities. Whether you're looking for a family home with rental potential or an investment property, this bungalow offers comfort, style, and the opportunity for significant rental income.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-24 | 2024-02-23 | 91 | $2,500 | - | Terminated |
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Property Details
Street
Property Type
Detached, Bungalow
Lot Size
67' x 102'
Acreage
< .50
Lot Irregularities
Irregular shaped corner lot
Fronting
East
Taxes
$4,130 (2023)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Ground | 7.22' x 4.27' | |
| Living | Ground | 18.37' x 17.06' | |
| Dining | Ground | 8.86' x 8.20' | |
| Kitchen | Ground | 13.78' x 8.20' | |
| Prim Bdrm | Ground | 13.12' x 13.12' | |
| 2nd Br | Ground | 9.19' x 12.47' | |
| Laundry | Ground | 11.48' x 6.23' | |
| Living | Bsmt | 17.39' x 12.14' | |
| Dining | Bsmt | 8.53' x 21.98' | |
| Kitchen | Bsmt | 6.56' x 9.51' | |
| 3rd Br | Bsmt | 11.15' x 15.09' | |
| 4th Br | Bsmt | 13.12' x 10.50' |
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Niagara-on-the-Lake Market Statistics
Niagara-on-the-Lake Price Trend
1 Zinfandel Crt is a 2-bedroom 4-bathroom home listed for sale at $1,049,900, which is $38,487 (3.8%) higher than the average sold price of $1,011,413 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 2 bedroom home in Niagara-on-the-Lake declined by $16,087 (1.6%) compared to the previous 30 day period (September 24 - October 23) and down $126,237 (11.1%) from the same time one year ago.Inventory Change
There were 10 2-bedroom homes listed in Niagara-on-the-Lake over the last 30 days (October 24 - November 22), which is down 0.0% compared with the previous 30 day period (September 24 - October 23) and down 9.1% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Niagara-on-the-Lake typically sold ($41,633) (4.1%) below asking price over the last 30 days (October 24 - November 22), which represents a $2,067 increase compared to the previous 30 day period (September 24 - October 23) and ($184,350) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Niagara-on-the-Lake over the last 30 days (October 24 - November 22) stood at 1,180.0%, up from 140.0% over the previous 30 days (September 24 - October 23) and up from 18.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 4-bathroom home in Niagara-on-the-Lake stood at 54 days when successfully sold over the last 30 days (October 24 - November 22), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
Similar Listings
Discover the home you've been waiting for at 376 Concession 3 Roada scenic corner lot bungalow in the heart of St. Davids, perfect for embracing the Niagara-on-the-Lake lifestyle. Enjoy serene vineyard and pond views from the front porch, an ideal spot to unwind. Inside, a bright kitchen with elegant gold accents flows into an open-concept living room and extends to a back deck and gazebo, ideal for entertaining. The main floor primary bedroom offers both a built-in and walk-in closet, plus a luxurious ensuite bath. The lower level features a separate entrance, ideal for multi-generational living, income potential, or a private guest suite. Located in sought-after Niagara-on-the-Lake, this home blendsmodern living with regional charm.
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