79 Four Mile Creek Rd
Niagara-on-the-Lake, L0S 1P0
FOR SALE
$1,990,000
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BEDROOMS2
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Property Description
Prime Bungalow with DEVELOPMENT POTENTIAL in Prestigious St. David's, Niagara-on-the-Lake. Discover the potential of this expansive 1.28+ acre site with approximately 162 feet frontage on Four Mile Creek Road and 250 feet frontage on the luxurious Paxton Lane. This unique offering comes complete with a bungalow, expansive barn/garage and quonset hut making it a rare find in one of the most sought-after communities. This is an unparalleled opportunity for developers, investors, or those seeking a substantial estate in an exclusive locale. The expansive lot provides ample space for custom residential development potential, while the existing homes offer immediate rental income potential.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-18 | 2024-10-29 | 103 | $1,500,000 | - | Terminated |
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Property Details
Street
Property Type
Detached, Bungalow
Lot Size
163' x 432'
Acreage
< .50
Fronting
East
Taxes
$5,000 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Brick
Heat Type
Baseboard
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
11
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 10.99' x 12.99' | |
| Prim Bdrm | Main | 15.49' x 14.50' | |
| Bathroom | Main | 4.00' x 4.00' | 2 Pc Ensuite |
| Br | Main | 12.01' x 9.25' | |
| Bathroom | Main | 4.66' x 12.01' | 4 Pc Bath |
| Living | Main | 12.01' x 16.24' | |
| Kitchen | Main | 13.16' x 22.01' | Eat-In Kitchen |
| Laundry | Main | 6.50' x 12.01' |
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Niagara-on-the-Lake Market Statistics
Niagara-on-the-Lake Price Trend
79 Four Mile Creek Rd is a 3-bedroom 2-bathroom home listed for sale at $1,990,000, which is $1,025,649 (106.4%) higher than the average sold price of $964,351 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 3 bedroom home in Niagara-on-the-Lake increased by $4,351 (0.5%) compared to the previous 30 day period (September 24 - October 23) and up $98,601 (11.4%) from the same time one year ago.Inventory Change
There were 18 3-bedroom homes listed in Niagara-on-the-Lake over the last 30 days (October 24 - November 22), which is down 18.2% compared with the previous 30 day period (September 24 - October 23) and up 260.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara-on-the-Lake typically sold ($40,122) (4.2%) below asking price over the last 30 days (October 24 - November 22), which represents a $8,878 increase compared to the previous 30 day period (September 24 - October 23) and ($8,400) 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 24 - November 22) stood at 1,050.0%, up from 95.5% over the previous 30 days (September 24 - October 23) and up from 80.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Niagara-on-the-Lake stood at 36 days when successfully sold over the last 30 days (October 24 - November 22), compared to 81 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Niagara Realty Ltd.
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