42 Homestead Drive, Niagara-on-the-Lake, ON
Property no longer active
This property was sold on September 18, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 108 - Virgil. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $949,000 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.
- 5 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 69.14 x 116.47 ft lot
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Enjoy the charm of this warm and welcoming family home, nestled in the heart of Virgil, Niagara-on-the-Lake, one of the most desirable towns in the country! This home presents 4 spacious bedrooms, perfectly suited for a growing family. The foyer opens to your main floor family room leading into the formal dining room. Bright kitchen with patio doors welcome you to your private and peaceful backyard surrounded by mature trees, perfect for summer evenings and entertaining. Children's park surrounds you as well. Second family room off the kitchen features wood fireplace and perfect setting for relaxed family time. Main floor laundry room. The bright large master suite is complete with wall closets, walk in and 4 pc ensuite bath. Updated floors throughout. Three large bedrooms surrounded by abundant natural skylight. You'll find another 4 pc bathroom. The lower level offers the opportunity for an in-law suite with its own private entrance. Plenty of space to uncover the potential this home has. You are minutes from the Historic Flower filled NOTL, Niagara River Parkway, Restaurants, Shaw Festival, Trails, Golf and Award Winning Wineries. Fresh, locally grown fruit and vegetables, from our farmer stands to your table. Minutes to the airport and border. Make the move to Niagara and enjoy the natural beauty of the region !
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Property Summary
This detached home located at 42 Homestead Drive, Niagara-on-the-Lake is currently for sale and has been available on SousaSells for 729 days. This property is listed at $949,000 with an estimated mortgage of $3,159* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 42 Homestead Drive, Niagara-on-the-Lake is in the 108 - Virgil neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in 108 - Virgil, Niagara-on-the-Lake.
- •5 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in 108 - Virgil, Niagara-on-the-Lake.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Golf
- Park
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 42 Homestead Drive, Niagara-on-the-Lake, ON
Q.What is the asking price for 42 Homestead Drive, Niagara-on-the-Lake, ON ?
The current listing price for 42 Homestead Drive, Niagara-on-the-Lake, ON in 108 - Virgil, Niagara-on-the-Lake is $949,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 42 Homestead Drive, Niagara-on-the-Lake, ON ?
42 Homestead Drive, Niagara-on-the-Lake, ON is a Detached (2-Storey) featuring a Separate Entrance basement.
Q.What key property features does 42 Homestead Drive, Niagara-on-the-Lake, ON offer?
Key property features include: Golf, Park.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 42 Homestead Drive, 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 $949,000 in Niagara-on-the-Lake, the legal minimum down payment is $69,900 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 $15,455 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 $15,455.
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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.