$2,400,000
For sale: Detached

An exceptional opportunity to secure a premier land assembly in the heart of Old Town Niagara-on-the-Lake. This offering includes three adjoining lots with a combined frontage of 156 feet and a depth of 210 feet, creating a rare development site in one of Ontario's most prestigious and desirable communities.Whether you're a builder, developer, or investor, this property offers outstanding potential for future intensification, with the possibility of single-detached homes, semi-detached dwellings, or townhomes, subject to municipal approvals.Generate income while you plan, with existing short-term rental potential providing cash flow during the development process. The sellers are prepared to work with qualified purchasers throughout the due diligence period to help evaluate and confirm future development opportunities.Large development parcels in Old Town are exceptionally rare. Capitalize on this unique opportunity to invest, develop, and create lasting value in a premier destination known for its heritage charm, vibrant downtown, wineries, and year-round tourism.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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.
Currently for sale

$2,098,000
Detached1332 STANBURY ROAD, 1020 - WO West, Oakville

$2,350,000
Detached3052 PARKERHILL ROAD, Cooksville, Mississauga

$1,999,000
Detached3136 PRINCESS BOULEVARD, Roseland, Burlington

$3,980,000
Detached110 CHISHOLM STREET, 1002 - CO Central, Oakville

$2,399,000
Detached6 FEDORKOW LANE, 105 - St. Davids, Niagara-on-the-Lake

$1,959,000
Detached3068 LAKEVIEW BOULEVARD, South East, Ajax

$2,499,900
Detached330 CAMELOT COURT, Shoreacres, Burlington

$2,380,000
Detached406 CHRISTINA DRIVE, 1017 - SW Southwest, Oakville