287 Tanbark Rd

FOR SALE
$1,595,000
287 Tanbark Rd, Niagara-on-the-Lake
287 Tanbark Rd
287 Tanbark Rd
287 Tanbark Rd
287 Tanbark Rd
287 Tanbark Rd
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287 Tanbark Rd
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
14
ROOMS
X8155054
MLSID
Contact Us
Property Description
This is an amazing opportunity with a potential building lot to be severed off the back.The main home has been fully renovated and has a basement apartment and a potential SECOND apartment at the back of the garage, ready to go, making the main house a possible three comfortable units! Embrace this rare opportunity at 287 Tanbark Road in the beautiful growing community of St. David's in Niagara On The Lake. This property will take you on a journey through an exquisite 4 bedroom, 4 bathroom home that offers unparalleled elegance and comfort. Situated in one of the most sought after locations in NOTL, this home is surrounded by beautiful estates, breathtaking wineries, excellent dining and yet still minutes from day to day amenities. As you explore this property you will discover all it has to offer, after an extensive renovation in 2017 where additions took place allowing for a one bedroom in-law suite offering the flexibility for multi-generational families or potential rental income.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-07-12 2023-12-29 172 $1,845,000 - Expired
Property Details
Property Type
Detached, Bungaloft
Lot Size
83' x 235'
Fronting
West
Taxes
$5,327 (2023)
Basement
Full, Part Fin
Exterior
Other, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain15.85' x 19.32'
DiningMain7.09' x 16.40'
LivingMain12.60' x 16.40'
LaundryMain6.43' x 6.17'
Br2nd10.83' x 19.26'
Kitchen2nd12.07' x 10.93'
Other2nd23.49' x 23.49'
Rec2nd21.33' x 19.65'
Prim Bdrm2nd19.85' x 11.75'
Br2nd12.40' x 10.01'
Br2nd12.40' x 9.32'
Br2nd12.40' x 9.32'
Niagara-on-the-Lake Market Statistics
Niagara-on-the-Lake Price Trend
287 Tanbark Rd is a 3-bedroom 3-bathroom home listed for sale at $1,595,000, which is $736,000 (85.7%) higher than the average sold price of $859,000 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 3 bedroom home in Niagara-on-the-Lake declined by $213,000 (19.9%) compared to the previous 30 day period (February 27 - March 27) and down $107,000 (11.1%) from the same time one year ago.
Inventory Change
There were 25 3-bedroom homes listed in Niagara-on-the-Lake over the last 30 days (March 28 - April 26), which is up 13.6% compared with the previous 30 day period (February 27 - March 27) and up 66.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara-on-the-Lake typically sold ($39,000) (4.5%) below asking price over the last 30 days (March 28 - April 26), which represents a $8,000 increase compared to the previous 30 day period (February 27 - March 27) and ($2,000) 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 (March 28 - April 26) stood at 28.0%, up from 18.2% over the previous 30 days (February 27 - March 27) and up from 20.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Niagara-on-the-Lake stood at 13 days when successfully sold over the last 30 days (March 28 - April 26), compared to 71 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Niagara Realty Ltd.
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