499 Townline Road, Niagara-on-the-Lake, ON
Property Highlights
Welcome to this remarkable 2-Storey farm located in the coveted neighborhood of 104 - Rural. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $2,088,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 1344 x 1672 ft lot
- Features a unfinished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 13.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- Efficient other heating via gas
Description
This beautiful 51.67 acre Niagara on The Lake country property is a rare find with various allowable uses under the current zoning. Property features a 4 bedroom home built in 1903 with much of it's original charm. Lots of potential in restoring to todays standards. Other great features of this property includes a second home on the property, all season two bedroom house ideal for family members or extra income, a detached wood garage/barn ideal for storage or parking and a large detached Aluminum sided approx 2400 sq ft workshop built in 2003 with two roll up doors. Inground swimming pool. Property is currently being used for growing soy beans. The are two private septic beds and a cistern. Excellent potential for extra income while owning acreage in desirable Niagara On The Lake. Buyer to do own due diligence regarding property uses and potential.
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Pricing & Value Insights
Data-driven valuation for 499 Townline Road, Niagara-on-the-Lake, ON L2M 6W1
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About Purchasing a Home in Niagara-on-the-Lake, ON
For a property listed at $2,088,000 in Niagara-on-the-Lake, the legal minimum down payment is $417,600 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 $38,675 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 $38,675.
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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.