489 Regent St
101 - Town, Niagara-on-the-Lake, L0S 1J0
FOR SALE
$2,199,000

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BEDROOMS3
BATHROOMS1 + 1
KITCHENS5 + 2
ROOMSX12007858
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Property Description
A once-in-a-lifetime opportunity to purchase a home with the possibility of severing a building lot, with all studies completed and the application ready for submission to the Town of Niagara-on-the-Lake. Nestled in one of the most sought-after locations, this home has been thoughtfully updated to combine modern luxury with timeless elegance. Step inside to an open-concept main living area, where vaulted ceilings in the living and dining rooms create an airy and sophisticated ambiance. Custom-built cabinetry and oversized patio doors lead to a brand-new back deck, where you can take in the breathtaking views of the landscaped rear yard. The gourmet kitchen is a true showpiece, showcasing brand-new custom cabinetry and countertops, designed for both effortless daily living and stylish entertaining. The luxurious primary suite serves as a private sanctuary, featuring a walk-in closet with custom cabinetry and a spa-inspired 5-piece ensuite, complete with double sinks, a soaker tub, and a glass-enclosed shower. Patio doors from the master bedroom open directly onto the rear deck, seamlessly blending indoor comfort with outdoor tranquility. A second bedroom and a stylish 4-piece bathroom with a glass shower complete the main floor. Throughout the home, luxurious details abound, including engineered herringbone hardwood flooring, new doors, handles, and countertops. The fully finished basement expands your living space with a third bedroom, a 3-piece bathroom, and a full kitchen setup ideal for guests or in-laws. A walkout to the rear yard provides even more convenience and access to the beautifully landscaped property. Located directly across from the renowned Pillar and Post Inn & Spa and within walking distance to local restaurants, shops, and amenities, this home is set in a neighbourhood with history, charm, and convenience.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-11-27 | 2025-02-08 | 73 | $1,495,000 | - | Terminated |
2024-08-09 | 2024-11-25 | 108 | $1,595,000 | - | Terminated |
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Property Details
Street
Community
Property Type
Detached, Bungalow-Raised
Lot Size
114' x 157'
Fronting
West
Taxes
$5,076 (2024)
Basement
Fin W/O, Full
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
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Niagara-on-the-Lake Market Statistics
Niagara-on-the-Lake Price Trend
489 Regent St is a 2-bedroom 3-bathroom home listed for sale at $2,199,000, which is $1,075,167 (95.7%) higher than the average sold price of $1,123,833 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Niagara-on-the-Lake increased by $4,804 (0.4%) compared to the previous 30 day period (December 22 - January 20) and up $178,833 (18.9%) from the same time one year ago.Inventory Change
There were 13 2-bedroom homes listed in Niagara-on-the-Lake over the last 30 days (January 21 - February 19), which is up 8.3% compared with the previous 30 day period (December 22 - January 20) and up 62.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Niagara-on-the-Lake typically sold ($40,830) (3.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $142,859 decrease compared to the previous 30 day period (December 22 - January 20) and $0 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 (January 21 - February 19) stood at 23.1%, up from 16.7% over the previous 30 days (December 22 - January 20) 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 3-bathroom home in Niagara-on-the-Lake stood at 153 days when successfully sold over the last 30 days (January 21 - February 19), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty, Brokerage
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