130 Loretta Dr

FOR SALE
$969,900
130 Loretta Dr, Niagara-on-the-Lake
130 Loretta Dr
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 2
ROOMS
X9375835
MLSID
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Property Description
Custom-built raised bungalow in desirable Virgil with plenty of functional living space. This two-owner home has been meticulously maintained, showing evident pride of ownership. Situated on a quiet, family-oriented pocket of Virgil, it's conveniently close to the community park, walking paths, and cycling trails. The home boasts outstanding curb appeal with a double-car garage and exposed concrete driveway. The lower levels open-concept recreation room is perfect for entertaining, featuring a gas fireplace, 9-foot ceilings, and a rear-facing window that lets in ample natural light. An additional office/bed, full bath, and spacious laundry room complete the lower level. The main floor features three bedrooms, including a spacious primary suite with double closet and a walk in closet, a centrally located full bath adds convenience for the household. The oak kitchen with an eat-in dining area leads to patio doors that open onto a raised composite deckan ideal space for outdoor gatherings. The backyard is a lush, green blank canvas, perfect for creating a garden oasis or a tranquil play area for children. Set on a pretty, tree-lined street and flanked by beautifully maintained homes, 130 Loretta is a true gem in this well-established community.
Property Details
Property Type
Detached, Bungalow-Raised
Lot Size
54' x 105'
Fronting
South
Taxes
$4,801 (2024)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain12.99' x 19.00'
KitchenMain10.99' x 21.00'
Prim BdrmMain6.56' x 12.93'
BrMain9.74' x 11.09'
2nd BrMain9.84' x 10.93'
RecBsmt16.01' x 33.01'
4th BrBsmt6.56' x 11.75'
Niagara-on-the-Lake Market Statistics
Niagara-on-the-Lake Price Trend
130 Loretta Dr is a 3-bedroom 2-bathroom home listed for sale at $969,900, which is $47,400 (5.1%) higher than the average sold price of $922,500 in the last 30 days (October 5 - November 3). During the last 30 days the average sold price for a 3 bedroom home in Niagara-on-the-Lake increased by $106,500 (13.1%) compared to the previous 30 day period (September 5 - October 4) and down $175,357 (16.0%) from the same time one year ago.
Inventory Change
There were 15 3-bedroom homes listed in Niagara-on-the-Lake over the last 30 days (October 5 - November 3), which is down 21.1% compared with the previous 30 day period (September 5 - October 4) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara-on-the-Lake typically sold ($38,500) (4.2%) below asking price over the last 30 days (October 5 - November 3), which represents a $3,599 increase compared to the previous 30 day period (September 5 - October 4) and ($26,671) 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 3-bedroom homes in Niagara-on-the-Lake over the last 30 days (October 5 - November 3) stood at 133.3%, up from 52.6% over the previous 30 days (September 5 - October 4) and up from 46.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Niagara-on-the-Lake stood at 36 days when successfully sold over the last 30 days (October 5 - November 3), compared to 86 days before being removed from the market upon being suspended or terminated.
Listing contracted with Revel Realty Inc.
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