727 Rye Street, Niagara-on-the-Lake, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 101 - Town. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,099,000 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
- Generous living space spanning 1500-2000 sqft on a premium 110.22 x 104.06 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Workbench, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rustic charm meets unbeatable potential at 727 Rye Street! This 3 bed, 3 bath rustic gem sits on a RARE 110 FT WIDE LOT in the heart of Niagara-on-the-Lake's Old Town. Surrounded by multi-million dollar homes and mature greenery. Interior highlights include a spacious open concept kitchen with large island and massive picture window overlooking your private backyard. Traditional character throughout featuring rustic wood floors and 2 wood burning fireplaces (one in the living room, and the other in the formal dining room). Flexible potential, the main floor family room can easily be used as a main floor primary suite. There are 2 bathrooms on the main floor. A pine staircase leads you to the upper level featuring natural, newer cherry flooring, 3 bedrooms and full bathroom. Finished lower level offers a functional rec room, private office, laundry room, and work bench. Peace of mind - upgrades include major mechanicals (Furnace + A/C 2022/2023). Newer windows (2014) and the roof is approx. 10 years old. This prime old town location is around the corner from Rye Heritage Park and scenic Niagara Parkway, wine and culture from world-class wineries, 15 minute walk to Shaw Festival Theatre and iconic Queen Street for cafes and restaurants. Fabulous investment potential, rare 110 ft frontage, offers a significant double lot for possible severance in one of Ontario's most sought-after markets. Don't miss this chance to own a piece of wine country - ready for you to move-in, renovate, or build your grand vision!
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Key Features
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Parking & Garage
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Features
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Interior Features
Workbench, Primary Bedroom - Main Floor
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 727 Rye Street, 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 $1,099,000 in Niagara-on-the-Lake, the legal minimum down payment is $219,800 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 $18,455 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 $18,455.
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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.