38 MARKET STREET, Niagara-on-the-Lake (Town)

$89/sqft

For rent: Other

Other at 38 MARKET STREET, Niagara-on-the-Lake (Town)
Property type
Commercial Retail
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® X13700754
Neighbourhood
101 - Town

Located in the heart of Old Town Niagara-on-the-Lake, with easy access from both Queen and Regent Streets, 38 Market Street is a free-standing, high visible building, ideally suited for professional offices, medical or health-related uses, boutique retail, personal services, or take-out bakery and dessert, confectionery, or other specialty food retailers. It is strategically located next to the municipal parking lot and enjoys high vehicular and foot traffic. This is a semi-gross lease (tenant pays hydro and semi-annual HVAC servicing). 200 Amp service, 3 extraction fans, Rustic barn-board decor, Over door signage (with approval), Minimum of 60 month (5 years) with option to extend. NOTE: Lease rate converts to $10,012.50 per month + HST (With CoL escalator)

Sold data

Homes in Niagara-on-the-Lake (Town) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 80 days.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.

Median days to sell
39
Median sale price
$989,000
Sale-to-list ratio
95.6%
Sold above asking
3%

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

Schools in Niagara-on-the-Lake (Town)

Niagara-on-the-Lake (Town) has 2 Fraser Institute–rated schools (2 elementary).

Rated schools
2
Elementary
2

Top-rated schools in Niagara-on-the-Lake (Town)

  • Crossroads — elementary, Niagara-on-the-LakeFraser rating 9.0/10
  • St Michael — elementary, Niagara-on-the-LakeFraser rating 7.9/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 38 MARKET STREET