63 HOMESTEAD Dr
108 - Virgil, Niagara-on-the-Lake, L0S 1J0
FOR SALE
$1,399,000
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Property Description
TO BE BUILT - An outstanding new custom bungalow design curated specifically for Settlers Landing in the heart of Niagara on the Lake in the Village of Virgil and to be built by Niagara's award winning Blythwood Homes! This Balsam model floorplan offers 1720 square feet of elegant main floor living space, 2-bedrooms, 2 bathrooms and bright open spaces for entertaining and relaxing. Luxurious features and finishes include vaulted ceilings, primary bedroom with 3 or 4pc ensuite bathroom and double walk-in closets, kitchen island with quartz counters, breakfast bar and nook as well as garden doors off the great room. The full-height basement with extra-large windows is unfinished but as an additional option, could be 945 sqft of future rec room, bedroom and 3pc bathroom. Exterior features include planting beds with mulch at the front, fully sodded lot in the front and rear, poured concrete walkway at the front and double wide gravel driveway leading to the 2-car garage. High efficiency multi-stage furnace, ERV, 200amp service, tankless hot water (rental). Settlers Landing has a breezy countryside feel that immediately creates a warm and serene feeling. Enjoy this location close to the old town of Niagara on the Lake, but free from tourist traffic. Its location and lifestyle is only steps away from award winning wineries and restaurants, golf courses, shopping, amenities, schools, theatre and entertainment, Shaw Festival and Lake Ontario. Easy access to the QEW and US border. Estimated completion is Spring/Summer 2025. There is still time for a buyer to select some features and finishes! Model Home at 32 Harvest Drive available for showings!
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Property Features
Golf
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Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
49' x 104'
Acreage
< .50
Fronting
West
Basement
Full, Unfinished
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Great Rm | Main | 19.49' x 16.99' | W/O To Deck |
Dining | Main | 14.01' x 13.48' | |
Kitchen | Main | 18.01' x 10.01' | |
Prim Bdrm | Main | 12.01' x 16.01' | Ensuite Bath, W/I Closet |
Br | Main | 9.51' x 12.01' |
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Niagara-on-the-Lake Market Statistics
Niagara-on-the-Lake Price Trend
63 HOMESTEAD Dr is a 2-bedroom 2-bathroom home listed for sale at $1,399,000, which is $665,005 (90.6%) higher than the average sold price of $733,995 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 2 bedroom home in Niagara-on-the-Lake declined by $281,782 (27.7%) compared to the previous 30 day period (October 22 - November 20) and down $311,005 (29.8%) from the same time one year ago.Inventory Change
There were 2 2-bedroom homes listed in Niagara-on-the-Lake over the last 30 days (November 21 - December 20), which is down 81.8% compared with the previous 30 day period (October 22 - November 20) and down 33.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Niagara-on-the-Lake typically sold ($18,877) (2.6%) below asking price over the last 30 days (November 21 - December 20), which represents a $23,774 increase compared to the previous 30 day period (October 22 - November 20) and ($41,500) more 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 (November 21 - December 20) stood at 1,100.0%, down from 1,154.5% over the previous 30 days (October 22 - November 20) and up from 133.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Niagara-on-the-Lake stood at 47 days when successfully sold over the last 30 days (November 21 - December 20), compared to 83 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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