1090 Niagara Stone Rd
Niagara-on-the-Lake, L0S 1J0
FOR SALE
$1,059,900
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Property Description
Nestled in Niagara-on-the-Lake's vineyards, this charming brick bungalow offers 2+2 bedrooms on a half-acre property, ensuring privacy and tranquility. Features include a large attached garage with inside entry, a separate rear entrance for potential rental or in-law suite, and a detached garage converted into a stylish auxiliary residence, primed for lucrative short-term rentals, adding value and versatility to this already impressive property. Parking? Plenty. Mature trees? Check. Vines ? YES! Beautiful gardens? Absolutely. And let's not forget the proximity to the QEW, Virgil, St. Davids, and Old Town NOTL, ensuring easy access to amenities and attractions while still enjoying the peace and quiet of wine country living. Don't miss out on this rare opportunity to own a piece of Niagara-on-the-Lake's finest. Whether you're seeking a serene retreat or an investment opportunity, this property ticks all the boxes. Welcome home to your own wine country oasis.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-30 | 2023-11-30 | 61 | $1,195,000 | - | Expired |
Extras
A detached garage has been transformed into a stylish aux res, bringing in $3000-$5000 a month in short-term rental income, adding value and versatility to this property. (Seller does not represent future use of the aux res.)
Property Features
Golf, Place Of Worship, School, School Bus Route
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Property Details
Street
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
131' x 177'
Fronting
North
Taxes
$2,908 (2023)
Basement
Finished, Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 9.15' x 5.84' | |
| Living | Main | 19.42' x 11.58' | |
| Kitchen | Main | 14.67' x 11.75' | |
| Br | Main | 11.58' x 11.75' | |
| Prim Bdrm | Main | 12.17' x 11.68' | |
| Br | Lower | 12.01' x 9.25' | |
| Br | Lower | 12.24' x 9.32' |
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Niagara-on-the-Lake Market Statistics
Niagara-on-the-Lake Price Trend
1090 Niagara Stone Rd is a 2-bedroom 1-bathroom home listed for sale at $1,059,900, which is $188,000 (21.6%) higher than the average sold price of $871,900 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom home in Niagara-on-the-Lake declined by $155,600 (15.1%) compared to the previous 30 day period (February 27 - March 27) and down $189,600 (17.9%) from the same time one year ago.Inventory Change
There were 7 2-bedroom homes listed in Niagara-on-the-Lake over the last 30 days (March 28 - April 26), which is down 0.0% compared with the previous 30 day period (February 27 - March 27) and down 56.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Niagara-on-the-Lake typically sold ($27,100) (3.1%) below asking price over the last 30 days (March 28 - April 26), which represents a $24,900 increase compared to the previous 30 day period (February 27 - March 27) and ($12,500) less 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 (March 28 - April 26) stood at 71.4%, down from 114.3% over the previous 30 days (February 27 - March 27) and up from 12.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Niagara-on-the-Lake stood at 55 days when successfully sold over the last 30 days (March 28 - April 26), compared to 24 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Golfi Realty Inc.
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