61 Melrose Drive, Niagara-on-the-Lake, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 105 - St. Davids. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,900 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 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 188 x 242 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient baseboard heating via gas
Description
Welcome to 61 Melrose Drive, located in Bevan Heights, a Niagara-on-the-Lake neighbourhood known for privacy, natural beauty, estate-scale homes, and proximity to the Niagara Escarpment.Some may call it a diamond in the rough, we call it an opportunity.Perched atop an escarpment setting and surrounded by multi-million-dollar residences, this character-filled home rests on a beautifully treed lot offering privacy and a serene atmosphere. Mature trees and lush landscaping create a peaceful setting, while wineries, trails, dining, and attractions remain minutes away. The exterior showcases a blend of classic brick and warm wood accents and large windows that invite natural light throughout. A spacious covered front entry creates a welcoming first impression. Inside, the home offers warmth, character, and a footprint ready for transformation. A bright foyer leads into a comfortable living area anchored by a fireplace and large windows. A separate dining room provides generous space for gatherings, while the eat-in kitchen features abundant cabinetry, ample counter space, warm wood finishes, and sliding glass doors to the outdoors.Built in 1969, this residence presents a canvas for modernization or complete reimagination. A 2-piece bath completes the main level. The second floor features 4 well appointed bedrooms, including a primary suite with closet space and a private 4-piece ensuite. 3 additional bedrooms and another 4-piece bath provide accommodation for family or guests. The basement is large and unfinished, offering additional potential for future living space. An attached two-car garage enhances convenience and provides room for storage, workspace, or future mudroom integration. Filled with timeless character and potential, this is more than a home, it is a private escarpment lifestyle opportunity in a luxury enclave. Enjoy it as it stands, renovate, or create the residence you have always imagined. A rare offering in Bevan Heights, ready for its next chapter.
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Pricing & Value Insights
Data-driven valuation for 61 Melrose Drive, 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 $999,900 in Niagara-on-the-Lake, the legal minimum down payment is $74,990 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 $16,473 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 $16,473.
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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.