287 TANBARK Rd

FOR SALE
$1,475,000
287 TANBARK Rd, Niagara-on-the-Lake
287 TANBARK Rd
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3 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
9 + 5
ROOMS
X9413441
MLSID
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Property Description
This is an amazing opportunity with a potential building lot to be severed off the back and the main home has been fully renovated with a basement apartment with separate entrance! 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. This additional living space provides privacy and independence while still being connected to the main residence. Furthermore, this unique property presents an exciting potential severance opportunity for those looking to expand their real estate portfolio, Sellers are willing to consider severance prior to completion. Whether you are seeking a dream home or an investment opportunity in NOTL, this property will showcase how this luxury house can fulfill your desires and exceed your expectations.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-29 2024-08-28 60 $1,495,000 - Expired
2023-07-07 2023-09-10 65 $1,749,000 - Terminated
2023-09-11 2023-12-08 88 $1,699,900 - Expired
2024-03-19 2024-06-14 91 $1,595,000 - Expired
2023-07-12 2023-12-29 172 $1,845,000 - Expired
Property Features
Golf
Property Details
Property Type
Detached, Bungaloft
Lot Size
83' x 235'
Acreage
< .50
Taxes
$5,327 (2023)
Basement
Sep Entrance, Walk-Up
Exterior
Stone, Stucco/Plaster
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'
Br2nd12.40' x 10.01'
Br2nd12.40' x 9.32'
Prim Bdrm2nd19.85' x 11.75'Ensuite Bath, W/I Closet
BrBsmt10.83' x 19.26'
KitchenBsmt12.07' x 10.93'
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 $1,475,000, which is $552,500 (59.9%) 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 3-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 Re/Max Niagara Realty Ltd., Brokerage
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This is an amazing opportunity with a potential building lot to be severed off the back and the main home has been fully renovated with a basement apartment with separate entrance! 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. This additional living space provides privacy and independence while still being connected to the main residence. Furthermore, this unique property presents an exciting potential severance opportunity for those looking to expand their real estate portfolio, Sellers are willing to consider severance prior to completion. Whether you are seeking a dream home or an investment opportunity in NOTL, this property will showcase how this luxury house can fulfill your desires and exceed your expectations.
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