$3,357,000
For sale: Other

Position your business in one of the most recognizable and sought-after locations in Niagara-on-the-Lake. Built in 1835, this designated Heritage Building is ideally located just steps from the renowned intersection of Queen and King Streets, placing you in the heart of Old Town's thriving retail, dining, and tourism district.The bright main-level commercial space is perfectly suited for a luxury boutique, art gallery, specialty retailer, or can be kept as a bakery, benefiting from exceptional visibility, consistent pedestrian traffic, and strong vehicular exposure. Two off-street parking spaces provide an added convenience rarely found in the downtown core.Above, the upper-level apartment offers an exceptional opportunity to further enhance the property's earning potential through renovation, creating an additional income stream while increasing the overall value of this unique investment. Whether you're seeking a flagship business location, a premium investment property, or a combination of both, this iconic building offers timeless character, unmatched location, and exceptional long-term potential in one of Ontario's premier destinations.
Sold data
Homes in Niagara-on-the-Lake (Town) took a median of 39 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 99 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 80 days.
The median sale price was $989,000.
Homes sold for about 4.4% 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 99 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 (Town) has 2 Fraser Institute–rated schools (2 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$3,499,900
Other33 BOWEN STREET, Corktown, Hamilton

$3,199,000
Other392 EGLINTON AVENUE W, Lawrence Park South, Toronto

$3,000,000
Other1 - 49 EAST LIBERTY STREET, Niagara, Toronto

$3,719,000
Other2043 EGLINTON AVENUE E, Clairlea-Birchmount, Toronto

$3,180,000
Other2 - 3025 KENNEDY ROAD, Milliken, Toronto

$2,999,999
Other1167 ST CLAIR AVENUE W, Corso Italia-Davenport, Toronto

$3,250,000
Other102 - 277 DAVENPORT ROAD, Annex, Toronto

$4,000,000
Other3 - 49 EAST LIBERTY STREET, Niagara, Toronto