15 Meritage Lane, Niagara-on-the-Lake, ON

$1,399,000
MLS#:X11954097
3 beds
4 baths
1500-2000 sqft
5.0 parking
Residential Freehold
15 Meritage Lane 8, Niagara-on-the-Lake, ON L0S 1J0
⚠️

Property no longer active

This property was sold on May 22, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 101 - Town. Expertly crafted featuring premium brick front and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,399,000 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 4 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a spacious lot (Feet)
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Meter
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This stunning home offers a sophisticated yet comfortable living experience in an exclusive enclave of freehold condominiums in Niagara-on-the-Lake. Spanning approximately 2000 square feet of finished living space, the property is designed with quality finishes from floor to ceiling. The galley-style kitchen flows seamlessly into the formal dining room, which features charming paneling, and then to the bright, spacious living room with sliding doors opening to a deck and pool area perfect for entertaining. The main floor also includes a serene primary bedroom with a 3-piece ensuite and private deck access, along with a convenient powder room. Upstairs, you'll find a cozy den, two additional bedrooms, a 4-piece bathroom, and a practical laundry room. The home is adorned with plenty of pot lights, oversized windows, hardwood flooring, and a neutral color palette throughout. The finished lower level provides an expansive rec room with a wet bar, an additional bathroom, and ample storage space. Outside, the low-maintenance exterior showcases a generous pool, concrete patio, deck, garden shed, and professional landscaping. A 1.5-car garage and concrete driveway offer ample parking. Located within walking distance of restaurants, theaters, shops, and the local library/community center, this beautiful home is truly a rare find. **EXTRAS** $216/Monthly Condo Fees

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Property Summary

This detached home located at 15 Meritage Lane, Niagara-on-the-Lake is currently for sale and has been available on SousaSells for 550 days. This property is listed at $1,399,000 with an estimated mortgage of $4,657* per month. It has 3 beds, 4 bathrooms, and is 1500-2000 square feet. 15 Meritage Lane, Niagara-on-the-Lake is in the 101 - Town neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in 101 - Town, Niagara-on-the-Lake.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 4 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Niagara-on-the-Lake.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 22, 2025
Sold price information is available to members only
Listed Date2/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick Front, Stucco (Plaster)
BasementFull, Partially Finished
CountyNiagara
Annual Tax$6,831.28
Legal DescriptionSEE REALTOR REMARKS

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Water Meter

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 15 Meritage Lane, Niagara-on-the-Lake, ON

Q.What is the asking price for 15 Meritage Lane, Niagara-on-the-Lake, ON ?

The current listing price for 15 Meritage Lane, Niagara-on-the-Lake, ON in 101 - Town, Niagara-on-the-Lake is $1,399,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 15 Meritage Lane, Niagara-on-the-Lake, ON ?

15 Meritage Lane, Niagara-on-the-Lake, ON is a Detached (2-Storey) featuring a Full, Partially Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Water Meter.

Q.Is parking available at this property?

Yes, this property offers parking space for 5.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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15 Meritage Lane, 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 15 Meritage Lane 8, Niagara-on-the-Lake, ON L0S 1J0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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 Rate4.00%
Down Payment$419,700 (30.0%)
* Minimum Canadian down payment required for this price is $279,800.
Amortization Period30 Years
Estimated Monthly Payment$4,657Based on a loan of $979,300 over 30 years.
Purchase Price$1,399,000
Loan Amount$979,300
Provincial Land Transfer Tax:$24,455
Total Estimated Closing Taxes:$24,455

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

For a property listed at $1,399,000 in Niagara-on-the-Lake, the legal minimum down payment is $279,800 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 $24,455 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 $24,455.

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101 - Town, Niagara-on-the-Lake Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 101 - Town, Niagara-on-the-Lake.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,916,422

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%

Best Schools in 101 - Town, Niagara-on-the-Lake

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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101 - Town, Niagara-on-the-Lake Demographic Home information

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.