556 King St 16
Niagara-on-the-Lake, L0S 1J0
FOR SALE
$979,000
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2 + 3
BEDROOMS3
BATHROOMS1
KITCHENS5 + 4
ROOMSX8310406
MLSIDContact Us
Property Description
Highly sought-after bungalow townhome in the heart of Old Town. Walk to everything Niagara on the Lake is known for. World class theatre, dining, Queen St shops and wineries. This well maintained complex allows privacy for all units as the lots are large and common areas are incredibly spacious and a fair distance from each other. The rear yard is backing onto the historical Heritage Trail. This unit is large with an open concept kitchen with breakfast bar and stools, solid oak hardwood floors, 3 skylights, large windows with california shutters, upgraded stair railings, updated furnace, and owned water heater 2023. The main floor features a large living room with cathedral ceiling and a walk-out to the full deck, 2 bedrooms, 2 bathrooms, walk-in closet and laundry. The lower level was finished by the builder having 3 bedrooms, 1 bathroom and a family room. Perfectly located in town, 2 minute walk to the Pillar & Post for lunch or dinner. Must see, wont last long!
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Property Features
Cul De Sac, Lake/Pond, Park, Public Transit
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Property Details
Street
Property Type
Condo Townhouse, Bungalow
Approximate Sq.Ft.
1400-1599
Taxes
$4,642 (2023)
Basement
Finished, Full
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 5.51' x 6.82' | |
| Kitchen | Main | 10.40' x 16.34' | |
| Dining | Main | 9.84' x 15.75' | |
| Living | Main | 12.93' x 15.75' | Fireplace, W/O To Patio, Skylight |
| Prim Bdrm | Main | 11.09' x 15.75' | Ensuite Bath, W/I Closet |
| 2nd Br | Main | 8.60' x 13.42' | |
| 3rd Br | Lower | 12.40' x 12.40' | |
| 4th Br | Lower | 14.40' x 16.50' | |
| 5th Br | Lower | 12.40' x 12.40' | |
| Rec | Lower | 14.40' x 16.24' | |
| Utility | Lower | 7.35' x 16.01' |
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Niagara-on-the-Lake Market Statistics
Niagara-on-the-Lake Price Trend
556 King St 16 is a 2-bedroom 3-bathroom townhome listed for sale at $979,000, which is $64,667 (7.1%) higher than the average sold price of $914,333 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom townhome in Niagara-on-the-Lake increased by $31,556 (3.6%) compared to the previous 30 day period (March 15 - April 13) and down $70,667 (7.2%) from the same time one year ago.Inventory Change
There were 2 2-bedroom townhomes listed in Niagara-on-the-Lake over the last 30 days (April 14 - May 13), which is up 100.0% compared with the previous 30 day period (March 15 - April 13) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Niagara-on-the-Lake typically sold ($44,666) (4.9%) below asking price over the last 30 days (April 14 - May 13), which represents a $42,666 decrease compared to the previous 30 day period (March 15 - April 13) and ($7,450) 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 townhomes in Niagara-on-the-Lake over the last 30 days (April 14 - May 13) stood at 150.0%, down from 900.0% over the previous 30 days (March 15 - April 13) and down from 200.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom townhome in Niagara-on-the-Lake stood at 54 days when successfully sold over the last 30 days (April 14 - May 13), compared to 283 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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This bright, lovely open concept 1430 sqft (plus 1430 sqft lower-level), vacant land bungaloft townhouse condo in beautiful NOTL has 3 bed/3 bath/2 fireplaces/main floor laundry/ ss kitchen appliances, 2 decks to entertain and an attached double car garage. The gorgeous basement is fully finished with an impressive family room stone fireplace (electric) opening to wonderful office space. The unit has custom floor-to-ceiling built-in cupboard upgrades in both the dining room and primary bedroom. There's a great entertainment deck (with it's auto awning) off the dining room and an added interlock patio for your outdoor get-togethers. You're just minutes away from all the Niagara Falls and NOTL amenities, Queenston Bridge to USA, highways 405 and the QEW. Your monthly condo fees are $246.00 including grass cutting/snow removal/property management. I challenge you to find a company to do that work and charge less? Put your feet up, check out summer sunsets and enjoy living a great, big life here in Niagara!
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