282 Gate Street, Niagara-on-the-Lake, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of 101 - Town. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,298,000 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.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 70 x 150 ft lot
- Notable attributes: Other
Description
This is an exceptional opportunity to secure a premium 70' x 150' property in the heart of Niagara-on-the-Lake Old Town. Perfectly positioned just steps from the charming boutiques, fine dining, and renowned theatres of Queen Street, this lot offers the quintessential lifestyle in one of Ontario's most sought-after communities. Enjoy an easy stroll to beautiful parks, golf courses, and the picturesque waterfront. With an impressive 70-foot frontage, this rare offering provides outstanding flexibility to design and build a custom home with exceptional curb appeal, plus ample space for a double car garage. Opportunities like this are few and far between. The generous width and depth create a myriad of architectural and construction possibilities in a prestigious and historic setting.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 282 Gate Street, 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 $1,298,000 in Niagara-on-the-Lake, the legal minimum down payment is $259,600 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 $22,435 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 $22,435.
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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.