93 days on Market

1 Zinfandel Crt, Niagara-on-the-Lake, Ontario L0S 1J0

Detached
2
4
~1100-1500 sqft
$•••,•••
$859,000
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Detached
2
4
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$676/sqft

Est. Mortgage$3,689/mo

Tax Amount (2024)$4,680/yr

Days On Market93 days


Description

CALLING ALL INVESTORS, THIS RENTAL OPPORTUNITY IS NOT TO BE MISSED! Nestled In The Heart Of A Charming, Picturesque Town, This Expansive 1,400 Sq Ft Bungalow Offers Both A Luxurious Living Space And A Remarkable Rental Income Opportunity. The Fully Finished Basement, Designed As A Self-Contained In-Law Suite, Includes Its Own Private Entrance, Kitchenette, Living Area, Full Bathroom, And 2 Bedrooms, Making It Ideal For Rental. With The Potential To Generate Nearly $2,500 Per Month In Rental Income, This Suite Offers A Fantastic Opportunity For Additional Revenue Or Flexible Living Arrangements For Extended Family. Upstairs, The Main Floor Features 2 Cozy Bedrooms And 2.5 Modern Bathrooms, With Both Bedrooms Enjoying Ensuite Bathrooms For Enhanced Privacy And Comfort. The Large, Open-Plan Living And Dining Area Is Perfect For Entertaining Or Relaxing, While The Spacious Kitchen, Equipped With Modern Appliances, Sleek Countertops, And Ample Storage, Is A Dream For Home Chefs. Located Close To Excellent Schools, This Property Is Perfect For Families. Surrounded By Scenic Vineyards And Offering A Serene Lifestyle, The Home Is Also Conveniently Close To Local Amenities. Whether You're Looking For A Family Home With Rental Potential Or An Investment Property, This Bungalow Offers Comfort, Style, And The Opportunity For Significant Rental Income.


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size6,865 SqFt(101.74 x 67.48)
Parking Spaces2
MLS ®NumberX11957790
Community NameVirgil
Data SourceTRREB
Listing byROYAL LEPAGE YOUR COMMUNITY REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Features

Lot size: 6,865 SqFt

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 1

Total parking spaces 2


Property listed by ROYAL LEPAGE YOUR COMMUNITY REALTY, Brokerage
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Market Data - Virgil

Geo Zone Map ThumbnailVirgil

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

44 days

Compared to

2024

45 days

2023

36 days

2022

17 days

New Listings

Past 30 days

19 listings

Compared to

2024

30 listings

2023

16 listings

2022

20 listings

Units sold

Past 30 days

5 units

Compared to

2024

12 units

2023

12 units

2022

10 units

Median Sold Price

Past 30 days

$985,000

Compared to

2024

$944,000

2023

$1,094,450

2022

$1,212,500


Population and Demographics

Overview

Total population 6594
Average household income $133,993

Age (%)

65 and plus
32%
50 to 64
23%
0 to 19
18%
35 to 49
15%
20 to 34
13%

Household composition (%)

Single family
72%
Single person
25%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
80%
German
9%
Others
4%
Italian
2%
French
2%
Dutch
1%

House tenancy (%)

Owners
85%
Renters
15%

Schools and amenities

Estimated Budget