514 King Street, Niagara-on-the-Lake, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 101 - Town. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,399,000 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.
- 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 55 x 212.8 ft lot
- Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: Accessory Apartment, In-Law Capability, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this unique and versatile home nestled on a fenced, treed lot backing directly onto the scenic Heritage Trail. Offering exceptional privacy and natural beauty, this property is just a short walk to Main Street shopping, world-class theatre, and renowned restaurants in charming Niagara-on-the-Lake. The main floor features a bright and spacious eat-in kitchen with ample storage, seamlessly open to the cozy family room with fireplace and sliding doors that lead to the serene backyard. A large living room with picture windows fills the space with natural light, while a separate dining room and convenient powder room complete the main living area. A standout feature of this home is the self-contained main floor apartment suite, ideal for multigenerational living, guests, or rental income. Renovated just 3 years ago, the suite includes its own bathroom, kitchenette, and fireplace, along with modern insulation, new windows, and updated siding. Upstairs, you'll find four generously sized bedrooms, including a spacious primary suite complete with walk-in closet and luxury 4 piece bath. The basement offers even more flexibility with an additional bedroom, laundry area, and workshop space. Outside, enjoy a private, fully fenced backyard oasis featuring patios, sitting areas and sheltered dining space perfect for entertaining or unwinding in nature. Additional highlights include EV car charger, newer shingles, upgraded 200 AMP electrical panel, storage shed and new sliding back door. This is a truly unique opportunity to own a home that offers space, character, and location in one of Ontario's most desirable communities.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Electric Car Charger, Wooded/Treed
Interior Features
Accessory Apartment, In-Law Capability, In-Law Suite
Security Features
Community Features
Location
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 514 King Street, Niagara-on-the-Lake, ON L0S 1J0
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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 $1,399,000 in Niagara-on-the-Lake, the legal minimum down payment is $279,800 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 $24,455 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 $24,455.
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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.