247 Concession 7 Road, Niagara-on-the-Lake, ON

$949,900
MLS#:X10442677
3 beds
2 baths
1500-2000 sqft
10.0 parking
Residential Freehold
247 Concession 7 Road, Niagara-on-the-Lake, ON L0S 1J0
⚠️

Property no longer active

This property was sold on December 10, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 104 - Rural. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $949,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 232.71 x 185.48 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Floor Drain
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled on a serene acre of land, this expansive bungalow offers the perfect blend of tranquil country living and modern convenience. With a functional layout that includes 3 bedrooms and 2 full bathrooms, this home is designed for effortless main-floor living. The kitchen is both practical and inviting, while the cozy living room boasts a gas fireplace, creating a warm and welcoming atmosphere. The dining area opens to a fenced patio and sprawling yard, ideal for outdoor activities and soaking in the breathtaking views of the Niagara Escarpment, as well as picturesque vineyards. The large basement holds endless potential, whether you're looking to create an in-law suite or add additional living space. A double attached garage and spacious driveway provide ample parking for family and guests. Ideally located just moments from the QEW, Niagara Outlets, and Niagara College, you'll enjoy quick access to shopping, dining, and travel. This rare opportunity to own a slice of paradise in Niagara-on-the-Lake won't last long!

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Property Summary

This detached home located at 247 Concession 7 Road, Niagara-on-the-Lake is currently for sale and has been available on SousaSells for 622 days. This property is listed at $949,900 with an estimated mortgage of $3,162* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 247 Concession 7 Road, Niagara-on-the-Lake is in the 104 - Rural 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 2 bathrooms, this home offers ample space and comfort for growing families in 104 - Rural, Niagara-on-the-Lake.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 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
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 10, 2024
Sold price information is available to members only
Listed Date11/22/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Unfinished
Lot Size232.71 × 185.48 Feet
CountyNiagara
Annual Tax$4,291.46
Legal DescriptionPT TWP LT 142 NIAGARA PT 1 30R770; NIAGARA-ON-THE-LAKE

Parking & Garage

Parking Total10.0
Parking Space8
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Clear View
  • Greenbelt/Conservation
  • School
  • School Bus Route
  • Wooded/Treed

Interior Features

  • Auto Garage Door Remote
  • Carpet Free
  • Floor Drain
  • Primary Bedroom - Main Floor
  • Storage
  • Water Heater Owned

Security Features

  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 247 Concession 7 Road, Niagara-on-the-Lake, ON

Q.What is the asking price for 247 Concession 7 Road, Niagara-on-the-Lake, ON ?

The current listing price for 247 Concession 7 Road, Niagara-on-the-Lake, ON in 104 - Rural, Niagara-on-the-Lake is $949,900.

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

This property features 3 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 247 Concession 7 Road, Niagara-on-the-Lake, ON ?

247 Concession 7 Road, Niagara-on-the-Lake, ON is a Detached (Bungalow) featuring a Full, Unfinished basement.

Q.What key property features does 247 Concession 7 Road, Niagara-on-the-Lake, ON offer?

Key property features include: Clear View, Greenbelt/Conservation, School, School Bus Route, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Carpet Free, Floor Drain, Primary Bedroom - Main Floor, Storage, Water Heater Owned.

Q.What security features are installed at 247 Concession 7 Road, Niagara-on-the-Lake, ON ?

Security features include: Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 10.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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247 Concession 7 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 247 Concession 7 Road, 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$284,970 (30.0%)
* Minimum Canadian down payment required for this price is $69,990.
Amortization Period30 Years
Estimated Monthly Payment$3,162Based on a loan of $664,930 over 30 years.
Purchase Price$949,900
Loan Amount$664,930
Provincial Land Transfer Tax:$15,473
Total Estimated Closing Taxes:$15,473

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

For a property listed at $949,900 in Niagara-on-the-Lake, the legal minimum down payment is $69,990 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 $15,473 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 $15,473.

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104 - Rural, Niagara-on-the-Lake Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 104 - Rural, Niagara-on-the-Lake.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$2,138,572

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 104 - Rural, 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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104 - Rural, 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.