
This property was sold on September 11, 2024. This listing is for reference purposes only. to view the sold price.
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 $998,000 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.
Carefree condo living in this 1 Bedroom + Den suite located on the first floor in the beautiful King's Point waterfront condominium. Located in historic Niagara-on-the-Lake, right along the Niagara River. Hardwood flooring throughout the den, primary bedroom and living/dining area. Spacious primary bedroom with walk-in closet and ensuite. Step out on to the private terrace and enjoy views of the Niagara River. Beautiful manicured gardens in the courtyard separating the 2 buildings with heated outdoor pool and BBQ patio.
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This condo apartment located at 225 Ricardo Street, Niagara-on-the-Lake is currently for sale and has been available on SousaSells for 717 days. This property is listed at $998,000 with an estimated mortgage of $3,322* per month. It has 1 bed, 2 bathrooms, and is 1200-1399 square feet. 225 Ricardo Street, 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.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in 101 - Town, Niagara-on-the-Lake.
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Niagara-on-the-Lake.
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The current listing price for 225 Ricardo Street, Unit 105S, Niagara-on-the-Lake, ON in 101 - Town, Niagara-on-the-Lake is $998,000.
This property features 1 bedroom and 2 bathrooms across approximately 1200-1399 sqft.
225 Ricardo Street, Unit 105S, Niagara-on-the-Lake, ON is a Condo Apartment (Apartment) featuring a None basement.
Key property features include: Golf, Marina, Park, River/Stream.
Interior highlights include: None.
Yes, this property offers parking space for 1.0 vehicle (Underground).
Heating is provided via Gas and cooling via Central Air.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 225 Ricardo Street 105S, 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.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Niagara-on-the-Lake.
About Purchasing a Home in Niagara-on-the-Lake, ON
For a property listed at $998,000 in Niagara-on-the-Lake, the legal minimum down payment is $74,800 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 $16,435 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 $16,435.
Comprehensive city-wide demographics, local real estate stats, and school rankings for 101 - Town, Niagara-on-the-Lake.
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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.