1501 Line 8 Road, Niagara-on-the-Lake, ON

$120,000
MLS#:X8465486
3 beds
1 baths
< 700 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow mobiletrailer located in the coveted neighborhood of 106 - Queenston. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $120,000 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 1 Bathroom
  • Generous living space spanning < 700 sqft
  • 2.0 total parking spaces available
  • Notable attributes: Other
  • equipped with other central cooling and highly efficient forced air heating via propane

Description

Welcome to your private oasis at Vine Ridge Resort! This is a 2-season resort running from May 1st to October 31st.This stunning modular home offers the perfect blend of comfort, convenience, and serenity. Situated on a double lot with no rear neighbors, you'll enjoy unparalleled privacy and tranquility. Step outside onto the expansive covered deck, measuring an impressive 12' x 20'. This outdoor sanctuary provides ample space for relaxation, entertaining, and soaking in the natural beauty that surrounds you. Inside, discover a world of modern elegance. With 3 spacious bedrooms and a luxurious 4-piece bathroom, this home is designed to accommodate your every need. The upgraded aluminum venting ensures improved airflow and efficiency, adding to the comfort and functionality of the space. Embrace the serenity and freedom of owning a property that offers a double lot and backs onto a beautiful peach orchard. Picture yourself surrounded by nature's wonders, with the sweet scent of peaches in the air. This well-maintained home is ready for you to move in and start creating memories. Don't miss out on this incredible opportunity! Your dream home awaits.

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Property Summary

This mobiletrailer located at 1501 Line 8 Road, Niagara-on-the-Lake is currently for sale and has been available on SousaSells for 751 days. This property is listed at $120,000 with an estimated mortgage of $399* per month. It has 3 beds, 1 bathroom, and is < 700 square feet. 1501 Line 8 Road, Niagara-on-the-Lake is in the 106 - Queenston neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 23, 2024
Sold price information is available to members only
Listed Date6/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeMobileTrailer
Architectural StyleBungalow
ConstructionVinyl Siding
BasementNone
CountyNiagara
Annual Tax$0
Legal DescriptionN/A Land Lease

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingOther

Features

Property Features

Arts Centre, Golf, Greenbelt/Conservation, Park, Place Of Worship

Interior Features

Other

Security Features

Community Features

Location

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1501 Line 8 Road, 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 1501 Line 8 Road 143, Niagara-on-the-Lake, ON L0S 1L0

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$36,000 (30.0%)
* Minimum Canadian down payment required for this price is $6,000.
Amortization Period30 Years
Estimated Monthly Payment$399Based on a loan of $84,000 over 30 years.
Purchase Price$120,000
Loan Amount$84,000
Provincial Land Transfer Tax:$925
Total Estimated Closing Taxes:$925

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

For a property listed at $120,000 in Niagara-on-the-Lake, the legal minimum down payment is $6,000 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 $925 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 $925.

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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$1,408,655

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

No secondary schools data loaded.

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.