itso/IMG-40653129_1.jpg
Re-listed 1 year ago

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

Detached
2 + 2
4 + 1
~1407 sqft
$•••,•••
$1,049,900
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Detached
2 + 2
4 + 1
~1407 sqft

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Highlights

Property Estimate

Days on market1 year

Total days on market
590 days

Estimated valueNot available

Price/Sqft$746/sqft

Monthly cost

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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~1407 SqFt
Lot Size6,862 SqFt(101.7 x 67.48)
Parking Spaces2
MLS ®Number40653129
Community NameVirgil
Data SourceITSO
Listing byRIGHT AT HOME REALTY, BROKERAGE

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Full, Finished

Features

Lot size: 6,862 SqFt
Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 1

Total parking spaces 2


Property listed by RIGHT AT HOME REALTY, BROKERAGE, 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

64 days

Compared to

2024

57 days

2023

126 days

2022

0 day

New Listings

Past 30 days

10 listings

Compared to

2024

7 listings

2023

19 listings

2022

12 listings

Units sold

Past 30 days

5 units

Compared to

2024

7 units

2023

5 units

2022

0 unit

Median Sold Price

Past 30 days

$940,000

Compared to

2024

$840,500

2023

$940,000


Population and Demographics

Overview

Total population 6594
Average household income $133,993

Age (%)

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

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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget