$1,649,999
For sale: Detached

Main floor living with a spacious primary bedroom with ensuite, a second full bathroom with a deep soaker tub, laundry, and a large family room that also offers space for a home office or hobby area, as well as a kitchenette and French doors out to patio and gardens. The chefs kitchen is outfitted with a professional gas stove, abundant prep surfaces, and generous storage. Meals can be served in the formal dining room or enjoyed casually at the large island with breakfast bar. The Schoolmasters House is a beautifully preserved c.1818 residence that blends historic charm with modern comfort in the heart of Old Town Niagara-on-the-Lake. Set on a generous 144 x 104 ft corner lot with landscaped gardens and a tranquil fish pond, the property feels like a quiet retreat with a fully fenced backyard. Corner lot provides lots of room to add two-car garage. The second floor provides additional living space with three (3) additional bedrooms, including two with ensuite bathrooms, one with an exterior entrance and private stairs, as well as another full bath, and a cozy sitting area. There is also a large second-level attic space for storage. This former Bed and Breakfast is ideal for extended families, home office, or rental use. Several bedrooms feature private entrances, making them perfect for guests or short-term stays. Original wide-plank wood floors run throughout this home (carpet-free) while four (4) wood-burning fireplaces and a gas fireplace add warmth and character to every space. This multi-generational, multi-family home offers exceptional flexibility and income potential. The home also includes two (2) powered workshops, a garden shed, and a garbage shed. This is a rare opportunity to own a piece of Niagara-on-the-Lake's history with timeless character and modern convenience just steps from the shops, dining, and charm of Old Town. Only two (2) blocks to Queen Street.
Sold data
Detached homes in Niagara-on-the-Lake (Town) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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 (Town) has 2 Fraser Institute–rated schools (2 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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