517 GATE Street, Niagara-on-the-Lake, ON

$899,999
MLS#:X12243523
0 beds
0 baths
Residential Freehold
517 GATE Street, Niagara-on-the-Lake, ON L0S 1J0
⚠️

Property no longer active

This property was sold on October 23, 2025. This listing is for reference purposes only. to view the sold price.

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 $899,999 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 65.62 x 131.2 ft lot size
  • 0.0 total parking spaces available
  • Notable attributes: None

Description

Situated in the prestigious Old Town neighbourhood of Niagara-on-the-Lake, this rare 65 ft x 131 ft building lot on Gate Street offers an unparalleled opportunity. Approved for 40% lot coverage, its perfectly positioned in the heart of wine country, surrounded by newly built luxury homes. Just a short walk to Main Streets charming shops, boutiques, restaurants, and world-class theatres, this prime location effortlessly blends elegance and convenience. Whether you're envisioning your dream home or considering the existing plans, this lot is your gateway to an elevated lifestyle. Taxes to be determined don't miss this extraordinary chance!

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Property Summary

This vacant land located at 517 GATE Street, Niagara-on-the-Lake is currently for sale and has been available on SousaSells for 407 days. This property is listed at $899,999 with an estimated mortgage of $2,996* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 517 GATE Street, Niagara-on-the-Lake is in the 101 - Town neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in 101 - Town, Niagara-on-the-Lake.

Great for Small Household / Couples
What We Love About This Home
  • Desirable Vacant Land architecture in 101 - Town, Niagara-on-the-Lake
  • Convenient parking space for 0.0 vehicle
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 23, 2025
Sold price information is available to members only
Listed Date6/25/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size65.62 × 131.2 Feet
CountyNiagara
Annual Tax$0
Legal DescriptionPART LOT 331, PLAN TP 86, PART 3 PLAN 30R15763 TOWN OF NIAGARA-ON-THE-LAKE

Parking & Garage

Parking Total0.0

Heating & Cooling

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 517 GATE Street, Niagara-on-the-Lake, ON

Q.What is the asking price for 517 GATE Street, Niagara-on-the-Lake, ON ?

The current listing price for 517 GATE Street, Niagara-on-the-Lake, ON in 101 - Town, Niagara-on-the-Lake is $899,999.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 0 bathrooms.

Q.What property type and architectural style is 517 GATE Street, Niagara-on-the-Lake, ON ?

517 GATE Street, Niagara-on-the-Lake, ON is a Vacant Land () featuring a basement.

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 0.0 vehicle.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

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Location

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517 GATE Street, Niagara-on-the-Lake, ON

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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 517 GATE Street, Niagara-on-the-Lake, ON L0S 1J0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Niagara-on-the-Lake.

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Interest Rate4.00%
Down Payment$270,000 (30.0%)
* Minimum Canadian down payment required for this price is $65,000.
Amortization Period30 Years
Estimated Monthly Payment$2,996Based on a loan of $629,999 over 30 years.
Purchase Price$899,999
Loan Amount$629,999
Provincial Land Transfer Tax:$14,475
Total Estimated Closing Taxes:$14,475

About Purchasing a Home in Niagara-on-the-Lake, ON

For a property listed at $899,999 in Niagara-on-the-Lake, the legal minimum down payment is $65,000 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 $14,475 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 $14,475.

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101 - Town, Niagara-on-the-Lake Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 101 - Town, Niagara-on-the-Lake.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,916,422

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in 101 - Town, Niagara-on-the-Lake

Elementary Schools

Crossroads
Public1350 Niagara Stone Road, Niagara-on-the-Lake, Ontario, L0S 1J0
9.0
St Michael
Public387 Line 3 Road, Niagara-on-the-Lake, Ontario, L0S 1J0
7.9

Secondary Schools

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101 - Town, Niagara-on-the-Lake Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.