$849,000
For sale: Detached

This beautifully renovated home offers income from day one as a currently licensed short-term rental, with the flexibility to live in it as a single-family home, accommodate multi-generational living, or the potential to run a home-based business. Two outbuildings offer significant additional income potential with minor renovations. The 3+1 bedrooms, two full kitchens, and separate entrances let the layout adapt to your needs. Set on an expansive 250' x 72' lot, the private backyard offers exceptional space for entertaining, gardening, or relaxing outdoors, with room for future enhancements. Right on the bike path and minutes from Wayne Gretzky Estates, Trius Winery & Restaurant, schools, shopping, and the community center, with easy highway access to Niagara Falls and Old Town, it's a perfect short-term rental location. The bright open-concept main living area features modern finishes and an inviting sense of space. The lower level offers a separate entrance and flexible finished space, including the potential for an additional bedroom with Jack-and-Jill bathroom featuring a steam sauna adds a luxurious touch. Additional highlights include a spacious laundry area, large pantry, and upgraded 200-amp electrical service. A refined home offering comfort, flexibility, and an exceptional Niagara-on-the-Lake setting.
Sold data
Detached homes in Niagara-on-the-Lake (Virgil) took a median of 38 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 75, across 54 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 86 days.
The median sale price was $1,210,000.
Homes sold for about 5.1% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 54 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Niagara-on-the-Lake (Virgil) has 2 Fraser Institute–rated schools (2 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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