225 Ricardo Street, Niagara-on-the-Lake, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 101 - Town. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,177,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1400-1599 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free, Intercom
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to King's Point -- luxury condominium waterfront living along the Niagara River and in the heart of the Old Town. This upgraded ground floor 1,500 sq ft, 2 bed, 2 bath suite features a spacious living and dining area with a walk out to a large private terrace with a view of the Niagara River. A contemporary, open concept kitchen features over 20 ft of granite countertop with breakfast bar. Included are 9-foot ceilings, gas fireplace, in-suite separate laundry closet, a large pantry and floor to ceiling windows. The primary bedroom offers an extra large walk in closet and ensuite with a large walk-in shower and linen closet. The second bedroom overlooks a private atrium and easily serves as a home office or den. This secluded side of the King's Point complex provides a treed landscape and relaxing "cottage" feel. Enjoy the morning sun with this south east exposure. King's Point amenities include an outdoor salt water pool and spa, Muskoka Chair Terrace overlooking the Niagara River, BBQ Terrace, award-winning gardens, exercise room, Guest Suite booking privileges, underground parking, bike storage, and underground car washing bay. Bell Fibe Internet and TV is included in your condo fees.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Waterfront, Arts Centre, Park, Golf
Interior Features
Carpet Free, Intercom
Security Features
Community Features
Location
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 225 Ricardo Street 107, Niagara-on-the-Lake, ON L0S 1J0
Based on 0 recent similar sales in the pocket.
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 $1,177,000 in Niagara-on-the-Lake, the legal minimum down payment is $235,400 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 $20,015 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 $20,015.
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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.