$1,999,000
For sale: Other

This unique 15 acre ancestral property is embraced by the Niagara Escarpment and delivers panoramic vistas across Niagara-on-the-Lake that seem to go on forever. For the last 80 years, this special property has been owned by the same family who are now offering it to the market. The 15 acres contains the house site, upper and lower arable table lands and the magical forest slopes of the Niagara Escarpment. Occupying an area of over 2440 square feet, the ca. 1896 stone house has walls over 19 inches thick and holds the original 140 year old staircase, trim, mouldings and doors. While the grand old dame is in need of TLC, it represents a structurally stable architectural character statement which a discerning purchaser could render into the centrepiece of an exquisite rural estate with the potential - given proper planning permissions and agreements are in-place - to construct a second dwelling on the property.
Sold data
Homes in Niagara-on-the-Lake (Queenston) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 80 days.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 (Queenston) has 2 Fraser Institute–rated schools (2 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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