Re-listed 4 days ago

165 East West Line, Niagara-on-the-Lake, Ontario L0S 1J0

Detached
4
4
~2000-2500 sqft
$•••,•••
$1,445,000
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Detached
4
4
~2000-2500 sqft

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Highlights

Property Estimate

Days on market4 days

Total days on market
68 days

Estimated valueNot available

Price/Sqft$650/sqft

Monthly cost

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Description

Nestled among serene orchards and lush vineyards, this unique country property offers nearly 2,400 square feet of finished living space and outstanding income potential, all in the heart of Niagara-on-the-Lake. This spacious two storey home is thoughtfully designed with two separate living units, making it ideal for multi-generational living or investment purposes. The main floor unit offers 2 bedrooms, a 2-piece bathroom and a 3-piece bathroom along with an eat-in kitchen and comfortable living room. The 2-storey unit features a primary bedroom with private 3-piece ensuite and a spacious second bedroom. On the second floor there is also an additional 5-piece bathroom, eat-in kitchen and spacious living area. The property also includes a fully finished recreation room in the basement, offering additional space for entertainment or guest accommodations. Currently operating as a licensed Airbnb, the home generates solid rental income and is a proven money-maker in one of Ontario's most sought-after destinations. Bonus income comes from the 36' x 25' detached shop on the property which is leased out, providing an additional annual income of nearly $16,000.Whether you're looking for a tranquil residence, multi-generational living, a vacation home with income, or a savvy investment, this property delivers. Enjoy the peaceful rural setting while being just minutes from wineries, restaurants, and all that. Niagara-on-the-Lake has to offer.


Property Details

Style2-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size36,151 SqFt(180.38 x 200.42)
Parking Spaces5
MLS ®NumberX12312176
Community NameVirgil
Data SourceTRREB
Listing byCOLDWELL BANKER MOMENTUM REALTY, BROKERAGE

Features

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

Main Floor

Mudroom

2.03 x 2.92

Bathroom

1.68 x 1.07

2 Pc Bath

Dining

3.13 x 2.84

Kitchen

3.12 x 4.97


Features

Lot size: 36,151 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 3

Total parking spaces 5


Property listed by COLDWELL BANKER MOMENTUM 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

43 days

Compared to

2024

21 days

2023

48 days

2022

32 days

New Listings

Past 30 days

25 listings

Compared to

2024

17 listings

2023

18 listings

2022

12 listings

Units sold

Past 30 days

3 units

Compared to

2024

3 units

2023

6 units

2022

4 units

Median Sold Price

Past 30 days

$858,000

Compared to

2024

$1,060,000

2023

$1,090,000

2022

$1,080,000


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