$749,900
For sale: Detached

Rare Licensed STR in Niagara-on-the-Lake Licensed short-term rental opportunity in the heart of Niagara-on-the-Lake, offering a rare turnkey advantage in one of Ontario's most tightly regulated STR markets. This detached single-family home already holds a valid short-term rental license with the Town of Niagara-on-the-Lake, allowing the next owner to continue operating immediately without licensing uncertainty - a significant and increasingly scarce asset. Ideally located at the prominent corner of Four Mile Creek Road and Niagara Stone Road, the property enjoys excellent exposure and accessibility, just minutes from Old Town NOTL and directly within the village of Virgil, surrounded by world-class wineries, acclaimed restaurants, cycling routes, and Niagara's most iconic tourist destinations. The property has a proven income history, generating over $50,000 in gross annual revenue, supported by strong year-round tourism demand and an unbeatable location. The detached layout and functional interior provide exceptional flexibility, making the home equally well suited as a full-time residence, a vacation property, or a turnkey income-producing short-term rental. With ample parking, inviting indoor and outdoor living spaces, and year-round appeal, this is a rare opportunity to own a versatile, licensed property offering income stability and lifestyle value in one of Niagara-on-the-Lake's most sought-after markets.
Sold data
Detached homes in Niagara-on-the-Lake (Virgil) took a median of 37 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 75, across 70 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $1,197,500.
Homes sold for about 5.1% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 70 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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