215 Ricardo Street, Niagara-on-the-Lake, ON

$1,325,000
MLS#:X13524532
1 beds
2 baths
1400-1599 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of 101 - Town. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,325,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 2 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

A desirable ground-floor residence at King's Point, ideally positioned along the shores of the Niagara River. This beautifully proportioned 1-bedroom, 2-bathroom suite offers approximately 1,400 sq. ft. of gracious interior space, distinguished by large windows and a bright, airy atmosphere throughout, and highlighted by an exceptional oversized private terrace, a true extension of the home, ideal for entertaining, relaxing, or enjoying the surrounding landscaped grounds. Generous principal rooms, a thoughtful layout, and excellent flow create a sense of ease rarely found in condominium living. Set within one of Niagara-on-the-Lake's most sought-after waterfront communities, this residence combines privacy, convenience, and timeless appeal-just moments from Old Town shopping, dining, and world-class theatre, as well as scenic walking & biking trails along the river's edge.

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Key Features

Bedrooms
1
Bathrooms
2
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date7/5/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionBrick
BasementNone
CountyNiagara
Annual Tax$7,246

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Marina, River/Stream, Waterfront

Interior Features

Carpet Free

Security Features

Community Features

Location

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215 Ricardo Street, Niagara-on-the-Lake, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 215 Ricardo Street 107, Niagara-on-the-Lake, ON L0S 1J0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Niagara-on-the-Lake.

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Interest Rate5.25%
Down Payment$265,000 (20.0%)
* Minimum Canadian down payment required for this price is $265,000.
Amortization Period25 Years
Estimated Monthly Payment$6,317Based on a loan of $1,060,000 over 25 years.
Purchase Price$1,325,000
Loan Amount$1,060,000
Provincial Land Transfer Tax:$22,975
Total Estimated Closing Taxes:$22,975

About Purchasing a Home in Niagara-on-the-Lake, ON

For a property listed at $1,325,000 in Niagara-on-the-Lake, the legal minimum down payment is $265,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $22,975 for this transaction. As this listing is in Niagara-on-the-Lake (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,975.

Nearby Listings

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No current listings found in Niagara-on-the-Lake.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Niagara-on-the-Lake.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,469,228

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Crossroads
Public1350 Niagara Stone Road, Niagara-on-the-Lake, Ontario, L0S 1J0
9.0
St Michael
Public387 Line 3 Road, Niagara-on-the-Lake, Ontario, L0S 1J0
7.9

Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.