6 days on Market

517 1/2 GATE St, Niagara-on-the-Lake, Ontario L0S 1J0

Detached
1 + 3
5
~3000-3500 sqft
$2,499,999
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Detached
1 + 3
5
~3000-3500 sqft

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Highlights

Property Estimate

Days on market6 days

Estimated valueNot available

Price/Sqft$774/sqft

Monthly cost

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Description

Situated in the prestigious Old Town neighbourhood of Niagara-on-the-Lake, this rare 65 ft x 131 ft building lot on Gate Street offers an unparalleled opportunity. Approved for 40% lot coverage, its perfectly positioned in the heart of wine country, surrounded by newly built luxury homes. Just a short walk to Main Streets charming shops, boutiques, restaurants, and world-class theatres, this prime location effortlessly blends elegance and convenience. Whether you're envisioning your dream home or considering the existing plans, this lot is your gateway to an elevated lifestyle. More information on completed house options. Taxes to be determined - don't miss this extraordinary chance!


Property Details

StyleBungalow
View-
Age of propertyNew
SqFt~3000-3500 SqFt
Lot Size8,609 SqFt(131.2 x 65.62)
Parking Spaces6
MLS ®NumberX12243521
Community NameOld Town
Data SourceTRREB
Listing byREVEL Realty Inc., Brokerage

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Bsmt Floor

Bathroom

3.0 x 1.8

Bathroom

3.0 x 1.8

2nd Br

5.8 x 3.0

3rd Br

5.8 x 3.0


Features

Lot size: 8,609 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 4

Total parking spaces 6


Property History

Jun 25, 2025
ListedActive
$2,499,999
6 days on market
history photo preview15
Listing by trreb®
Property listed by REVEL Realty Inc., 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

87 days

Compared to

2024

43 days

2023

27 days

2022

15 days

New Listings

Past 30 days

38 listings

Compared to

2024

36 listings

2023

37 listings

2022

25 listings

Units sold

Past 30 days

6 units

Compared to

2024

5 units

2023

12 units

2022

4 units

Median Sold Price

Past 30 days

$1,377,500

Compared to

2024

$960,000

2023

$1,232,500

2022

$1,412,886


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