Niagara-on-the-Lake, 104 - Rural, L0S 1J0
$1,199,000
Listed by BOSLEY REAL ESTATE LTD., BROKERAGE.
This great investment property has been a successful long term rental for a number of years and was once a licensed bed & breakfast. Benefitting from 5 bedrooms, 2 four piece bathrooms, spacious kitchen with granite countertops, hardwood floors, family dining room, living room and large family/recreation room with access to the back yard and a finished one bedroom basement suite with separate entrance, this 3-level side split property has much potential. There is a newly installed septic system and newer roof shingles. The home sits on a generous lot in a semi-rural environment, yet close to the QEW, outlet mall, Niagara College, Go Bus, hotels, restaurants and wineries. The town of Niagara-on-the-Lake and the city of St Catharines are both just a 10 minute drive away.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.