678 Rye St

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678 Rye St, Niagara-on-the-Lake
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
10
ROOMS
X7303104
MLSID
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Property Description
Step into an extraordinary lifestyle with this captivating modern bungaloft in historic Niagara-on-the-Lake. Open-concept main floor with a lavish master suite, 5-pc ensuite, and walk-in closet. Upstairs, a cozy loft and an additional bedroom with a 5-pc ensuite and walk-in closet await. Embrace the essence of high-end living, with renowned wineries, theatres, and world-class dining at your doorstep. Indulge in opulence, tranquility, and refinement in this coveted address. Welcome to a life well-lived.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-08-09 2023-11-04 92 $2,349,000 - Expired
Extras
Interior Features: Sump Pump
Property Details
Street
Property Type
Detached, Bungaloft
Approximate Sq.Ft.
2000-2500
Lot Size
50' x 148'
Acreage
< .50
Fronting
South
Taxes
$1 (2023)
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
Room Summary
RoomLevelSizeFeatures
KitchenMain10.17' x 23.26'
DenMain8.76' x 15.68'
LivingMain12.99' x 17.49'
DiningMain8.92' x 17.49'
Prim BdrmMain12.07' x 17.65'
LaundryMain6.99' x 13.16'
Loft2nd7.51' x 13.68'
Br2nd12.99' x 14.83'
Niagara-on-the-Lake Market Statistics
Niagara-on-the-Lake Price Trend
678 Rye St is a 2-bedroom 2-bathroom home listed for sale at $2,349,000, which is $1,454,050 (162.5%) higher than the average sold price of $894,950 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 2 bedroom home in Niagara-on-the-Lake declined by $132,550 (12.9%) compared to the previous 30 day period (March 2 - March 31) and up $71,950 (8.7%) from the same time one year ago.
Inventory Change
There were 7 2-bedroom homes listed in Niagara-on-the-Lake over the last 30 days (April 1 - April 30), which is up 40.0% compared with the previous 30 day period (March 2 - March 31) and down 53.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Niagara-on-the-Lake typically sold ($13,550) (1.5%) below asking price over the last 30 days (April 1 - April 30), which represents a $28,950 increase compared to the previous 30 day period (March 2 - March 31) 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 (April 1 - April 30) stood at 57.1%, down from 160.0% over the previous 30 days (March 2 - March 31) and up from 6.7% 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 54 days when successfully sold over the last 30 days (April 1 - April 30), compared to 24 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Niagara Realty Ltd.
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