7 Albion Way, Niagara-on-the-Lake, ON

$1,625,000
MLS#:X9363765
3 beds
3 baths
4.0 parking
Residential Freehold
7 Albion Way, Niagara-on-the-Lake, ON L0S 1J0
⚠️

Property no longer active

This property was sold on October 8, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow att/row/townhouse located in the coveted neighborhood of 101 - Town. Expertly crafted featuring premium other and stone construction, this residence presents an exceptional opportunity offered at $1,625,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Premium 33 x 89.27 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, Bar Fridge
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This is an exceptional opportunity in one of the most desirable new communities in Old Town, Niagara-on-the-Lake. This custom-built GATTA villa bungalow, only six years old, offers a unique chance to own in a fully sold-out development of FREEHOLD bungalow townhomes. Each villa in this community is custom-designed to meet the specific needs of the owner, making this listing a rare find. Located just a short walk from shops, wineries, The Shaw Theatre, fine dining, Lake Ontario, and the community center, this home offers the perfect balance between convenience and tranquility, tucked away from the busy atmosphere of Queen St. Inside, you'll find over 2,600 sq. ft. of meticulously finished living space, with soaring 10' and 14' ceilings, premium fixtures, a spacious primary bedroom with a luxurious ensuite featuring heated floors and under-cabinet lighting, engineered hardwood throughout, a walk-in pantry with a wine fridge, and a double garage with a cobblestone driveway. The professionally finished basement includes a theater/rec room, a large bedroom with an oversized window, an additional room that can serve as a bedroom or office, and a full bathroom with heated floors and under-cabinet lightingcreating a comfortable, spa-like retreat for guests. Outdoors, the beautifully landscaped backyard is a private oasis, complete with a pergola-covered porch (14' x 12') with a retractable sunshade, and a lower stone patioideal for enjoying the Niagara lifestyle while grilling on your natural gas BBQ. Homes in this community dont stay on the market long, so dont miss out! The road fee is $150/month, and the home remains FREEHOLD, offering incredible value.

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Property Summary

This townhouse located at 7 Albion Way, Niagara-on-the-Lake is currently for sale and has been available on SousaSells for 685 days. This property is listed at $1,625,000 with an estimated mortgage of $5,409* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 7 Albion Way, 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?

Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in 101 - Town, Niagara-on-the-Lake.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • Desirable Att/Row/Townhouse architecture in 101 - Town, Niagara-on-the-Lake
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Niagara-on-the-Lake.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 8, 2024
Sold price information is available to members only
Listed Date9/20/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural StyleBungalow
ConstructionOther, Stone
BasementFull, Finished
Lot Size33 × 89.27 Feet
CountyNiagara
Annual Tax$6,601.55
Legal DescriptionUNIT 4, LEVEL 1, NIAGARA NORTH VACANT LAND CONDOMINIUM PLAN NO. 275 AND ITS APPURTENANT INTEREST SUBJECT TO EASEMENTS AS SET OUT IN SCHEDULE A AS IN NR455549 SUBJECT TO AN EASEMENT AS IN NR458094 TOWN OF NIAGARA-ON-THE-LAKE

Parking & Garage

Parking Total4.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Air Exchanger
  • Auto Garage Door Remote
  • Bar Fridge
  • Central Vacuum
  • On Demand Water Heater
  • Sewage Pump
  • Sump Pump
  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 7 Albion Way, Niagara-on-the-Lake, ON

Q.What is the asking price for 7 Albion Way, Niagara-on-the-Lake, ON ?

The current listing price for 7 Albion Way, Niagara-on-the-Lake, ON in 101 - Town, Niagara-on-the-Lake is $1,625,000.

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

This property features 3 bedrooms and 3 bathrooms.

Q.What property type and architectural style is 7 Albion Way, Niagara-on-the-Lake, ON ?

7 Albion Way, Niagara-on-the-Lake, ON is a Att/Row/Townhouse (Bungalow) featuring a Full, Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Air Exchanger, Auto Garage Door Remote, Bar Fridge, Central Vacuum, On Demand Water Heater, Sewage Pump, Sump Pump, Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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7 Albion Way, 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 7 Albion Way, 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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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$487,500 (30.0%)
* Minimum Canadian down payment required for this price is $325,000.
Amortization Period30 Years
Estimated Monthly Payment$5,409Based on a loan of $1,137,500 over 30 years.
Purchase Price$1,625,000
Loan Amount$1,137,500
Provincial Land Transfer Tax:$28,975
Total Estimated Closing Taxes:$28,975

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

For a property listed at $1,625,000 in Niagara-on-the-Lake, the legal minimum down payment is $325,000 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 $28,975 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 $28,975.

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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.