A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 305 CENTRE St, Niagara-on-the-Lake Ontario L0S 1J0
Re-listed 142 days ago

305 CENTRE St, Niagara-on-the-Lake, Ontario L0S 1J0

Detached
3 + 1
2
~1100-1500 sqft
$•••,•••
$1,198,000
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Detached
3 + 1
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market142 days

Total days on market
245 days

Estimated valueNot available

Price/Sqft$944/sqft

Monthly cost

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Description

Step into The Cellar House, a beautiful mid-century modern residence in the heart of Old Town Niagara-on-the-Lake that blends classic character with comfortable living. Situated on a generous 70' x 140' lot that is walking distance to town, this property offers a rare opportunity for investors, developers, or end users. This four-bedroom, two-bathroom home with a garage sits on a well-kept lot, offering potential for future expansion under the Town's heritage bylaws. As well, a short-term rental permit - no longer being issued by the Town - with transferable assets & equity for savvy investors looking to cover costs. Inside, every floor of this side-split is fully-finished, maximizing living and entertainment space. Original wood floors run throughout the main floor of the home, while a gas fireplace adds warmth and character to the downstairs living area, and a speakeasy-themed room adds an inviting retreat on the lowest level. Outside, enjoy a private yard with a 7-person hot tub and extensive stone patio for outdoor seating or dining, alongside a spacious, standalone shed for storage. This multi-generational home offers exceptional flexibility and income potential, ideal for full-time living, a weekend retreat, or a rental opportunity. This is a rare opportunity to own a piece of Niagara-on-the-Lake's history, with timeless character and modern convenience just steps from the shops, dining, and charm of Old Town.


Property Details

StyleOther
View-
Age of property51-99
SqFt~1100-1500 SqFt
Lot Size9,800 SqFt(140 x 70)
Parking Spaces6
MLS ®NumberX12208035
Community NameOld Town
Data SourceTRREB
Listing byRE/MAX NIAGARA REALTY LTD, BROKERAGE

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished, Full

Main Floor

Living

6.12 x 3.45

Dining

2.92 x 2.54

Kitchen

2.92 x 2.84


Features

Lot size: 9,800 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 5

Total parking spaces 6


Property listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE, Brokerage
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Market Data - Old Town

Geo Zone Map ThumbnailOld Town

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

62 days

Compared to

2024

40 days

2023

56 days

2022

51 days

New Listings

Past 30 days

24 listings

Compared to

2024

31 listings

2023

31 listings

2022

18 listings

Units sold

Past 30 days

7 units

Compared to

2024

12 units

2023

3 units

2022

6 units

Median Sold Price

Past 30 days

$1,470,000

Compared to

2024

$1,175,000

2023

$1,335,000

2022

$1,232,000


Population and Demographics

Overview

Total population 5614
Average household income $157,424

Age (%)

0 to 19
9%
20 to 34
8%
35 to 49
9%
50 to 64
24%
65 and plus
50%

Household composition (%)

Single family
71%
Single person
27%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
87%
Others
4%
German
4%
French
2%
Italian
2%
Polish
1%

House tenancy (%)

Owners
85%
Renters
15%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget