$495,000
For sale: Townhouse

Excellent opportunity to invest in the "Niagara-on-the-Green" neighbourhood. Close by is Niagara College (Niagara-on-the-Lake campus) and the "Outlet Collection at Niagara" shopping mall. Upon entering the home, you'll find a dining room immediately to the left, along with a convenient 2-piece powder room. Continue down the hallway to the kitchen and living area, featuring a gas fireplace. Upstairs offers a spacious primary bedroom with an ensuite bathroom, along with two additional bedrooms and another full bathroom. The basement remains unfinished, offering excellent potential for future additional living space. Outside, enjoy the backyard complete with a storage shed. Just a short walk to the park. Established long-term tenancy with a strong rental history. Rent consistently paid on the 1st of each month, with no missed payments. No children or pets. Currently rented for $1,900/month. Buyer to assume existing tenancy.
Sold data
Homes in Niagara-on-the-Lake (Glendale) took a median of 41 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 65, across 83 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 91 days.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 6% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 83 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 (Glendale) has 2 Fraser Institute–rated schools (2 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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