478 Johnson Street, Niagara-on-the-Lake, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 101 - Town. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $1,950,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 102.92 x 161 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Opportunity knocks! Welcome to this charming three bedroom bungalow in the best location of Old Town in Niagara-on-the-Lake. Situated on an exceptional 102.92' x 161' south facing lot, walking distance to Ryerson Park and Lake Ontario. Surrounded by mature trees, this side of town is extremely quiet and peaceful. Enter in through the living room to the open concept kitchen/dining/family room with vaulted ceilings. The kitchen offers a center island, and the family room features a floor to ceiling brick wood burning fireplace. Walk out to the sundeck, garden, and detached two car garage/workshop. A separate entrance walks into the solarium with floor to ceiling windows, and spans the other side of the house. Three bedrooms are featured, as well as a four piece washroom. The lower level offers ample storage, a utility room, a spacious recreation room/office, and a laundry room. This house can be enjoyed as is, renovate or build new on this spacious and private lot. Explore the possibility of severing the lot and building two houses, both on 50' lots! Surrounded by the finest houses Niagara-on-the-Lake has to offer. Located walking distance from the center of town with shops, restaurants, and the Shaw Festival, as well as golf and wineries.
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Pricing & Value Insights
Data-driven valuation for 478 Johnson Street, Niagara-on-the-Lake, ON L0S 1J0
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About Purchasing a Home in Niagara-on-the-Lake, ON
For a property listed at $1,950,000 in Niagara-on-the-Lake, the legal minimum down payment is $390,000 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 $35,475 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 $35,475.
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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.