402 Johnson 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 $1,299,000 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
- Premium 70.02 x 146.8 ft lot size
Description
Charming property nestled in the heart of Niagara-on-the-Lake, just moments from the unique shops, restaurants, and rich history that make this town so special. This spacious 70 x 147-foot lot, surrounded by mature trees, offers a private settingideal for building your dream home. Perfectly situated near Lake Ontario, close to the U.S. border, and just 90 minutes from Toronto, this location is part of one of Canadas most sought-after communities. You can use your own builder to build a beautiful custom home on this property
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Pricing & Value Insights
Data-driven valuation for 402 Johnson 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 $1,299,000 in Niagara-on-the-Lake, the legal minimum down payment is $259,800 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 $22,455 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 $22,455.
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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.