642 Simcoe Street, Niagara-on-the-Lake, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 101 - Town. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,695,000 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.
- 5 Bedrooms and 4 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 68.08 x 132.27 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Guest Accommodations
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Introducing 642 Simcoe Street - also known as the successful bed and breakfast "Globetrotters" - this inviting two-storey home is sure to impress. Upon entry, you'll be greeted by beautifully designed and thoughtfully styled interiors: a perfect blend of sophistication and comfort, ideal for both large-scale entertaining and everyday living.The main level features a stunning peninsula-style kitchen with granite countertops that flows seamlessly into the inviting living room, complete with a gas fireplace, built-in bookcase, and elegant ceiling details. This level also includes a bright sunroom, a dining room, and a spacious main-floor bedroom with a private 3-piece ensuite.Upstairs, enjoy the convenience of second-floor laundry and three well-appointed, light-filled bedrooms - two of which feature their own private 3-piece ensuite bathrooms, and one that offers a walk-in closet or bonus storage space.The fully finished basement provides exceptional flexibility, with an additional bedroom or office/hobby space, another 3-piece bathroom, and a large recreation room - perfect for gatherings or relaxation.Situated on a lovely corner lot, this property is complete with roof-mounted solar panels, composite decking, multiple outdoor seating areas, a private rear garden courtyard, lush perennials, and a detached two-car garage with a versatile bonus room above.Embrace the peaceful lifestyle of charming Niagara-on-the-Lake - surrounded by scenic trails, parks, vineyards, golf courses, the Shaw Festival Theatre, and the renowned Queen Street shops - all within easy walking distance.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 642 Simcoe Street, Niagara-on-the-Lake, ON L0S 1J0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Niagara-on-the-Lake, ON
For a property listed at $1,695,000 in Niagara-on-the-Lake, the legal minimum down payment is $339,000 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 $30,375 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 $30,375.
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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.