$850,000
For sale: Vacant Land

Rare opportunity in the heart of Niagara-on-the-Lake. This 54'x148' lot is serviced and ready to build your dream home on! Available as a build-to-suit opportunity for an end-user, or can be acquired with adjoining parcels. Ideally located around the corner from the Pillar and Post Inn & Spa and surrounded by the renowned wineries, dining, hospitality, theatre and year-round attractions of Niagara wine country. An exceptional opportunity for investors, developers or end-users seeking a substantial landholding in a highly desirable and difficult-to-replicate location. Property is being sold under Power of Sale.
Sold data
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 18 days and the slowest quarter taking more than 74, across 87 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.
The median sale price was $999,500.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 87 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

$795,000
Vacant Land122 FLYNN STREET, 101 - Town, Niagara-on-the-Lake

$1,400,000
Vacant Land195 EFFINGHAM STREET, 664 - Fenwick, Pelham

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Vacant LandPT LT 2 BERTIE STREET, 334 - Crescent Park, Fort Erie

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Vacant Land846 LINE 1 ROAD, 108 - Virgil, Niagara-on-the-Lake

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Vacant Land317 MORNINGSIDE AVENUE, West Hill, Toronto

$899,000
Vacant Land19A BROADVIEW AVENUE, Port Credit, Mississauga

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Vacant Land636 RIDGE ROAD W, 055 - Grimsby Escarpment, Grimsby

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Vacant Land2207 EMBLETON ROAD, Bram West, Brampton