642 PENNER ROAD, Niagara-on-the-Lake (Virgil)

$678,900

For sale: Detached

Detached at 642 PENNER ROAD, Niagara-on-the-Lake (Virgil)
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13864134
Neighbourhood
108 - Virgil

Welcome to this beautifully renovated 3+1 bedroom home in the heart of Virgil, perfectly situated on a picturesque -acre lot just steps from schools, restaurants, shopping, and other everyday amenities.Designed for both comfortable living and entertaining, the impressive 200-foot-deep backyard features a deck, concrete patio and, large covered outdoor bar, creating the perfect setting for summer gatherings with family and friends.Inside, you'll find a bright, open-concept main floor featuring an updated kitchen, spacious living and dining areas, a convenient powder room, and a private primary suite complete with a walk-in closet and ensuite. Upstairs offers two additional bedrooms, ideal for a growing family. The fully finished basement provides additional living space, a fourth bedroom, and a full bathroom with laundry, offering flexibility for families, guests, or a home office.Currently operating as a licensed short-term rental, this property presents an excellent opportunity for investors seeking an established income-producing property or buyers looking for a home with added revenue potential. Move-in ready and situated in one of Niagara-on-the-Lake's most desirable communities, this a rare opportunity you wont want to miss.

Sold data

Homes in Virgil — recent sold market

Homes in Virgil took a median of 48 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 92, across 85 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 97 days.

The median sale price was $849,900.

Homes sold for about 2.9% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 33% of sellers reduced their price before finding a buyer.

Median days to sell
48
Median sale price
$849,900
Sale-to-list ratio
97.1%
Sold above asking
9%

Based on 85 recorded sales in the last 1 year — 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 (Virgil)

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

Rated schools
2
Elementary
2

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

  • 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 642 PENNER ROAD