22 Riesling Drive, Niagara-on-the-Lake, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 108 - Virgil. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $699,900 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 40.35 x 98.43 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Built in 2011 this great quality detached two-storey home is located in the quaint community of Vigil in Niagara-on-the-Lake and is an excellent ready-to-enjoy option for a great value. Tucked into a private street only a short drive from the town center as well as within walking distance to Crossroads Public School on Niagara Stone Road. As you enter the home you find a welcoming foyer with plenty of storage, a secluded 2-piece powder room, and an interior access door to the attached garage. Moving into the living space we find a sophisticated open concept kitchen, dining, and living room space with a massive eat-in-island featuring a beautiful waterfall quartz countertop. The main space overlooks the comfortable backyard entertaining area with deck, pergola, and patio. On the second floor you'll find three spacious bedrooms, a 4-piece bathroom, second floor laundry closet, and the primary bedroom hosts a large walk-in closet with plenty of storage. The fully finished basement has a fourth bedroom, family room area, a 3-piece bathroom, and additional storage space. An all-around great option in a wonderful location and an encourageable asking price!
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Pricing & Value Insights
Data-driven valuation for 22 Riesling Drive, 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 $699,900 in Niagara-on-the-Lake, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.
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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.