Niagara-on-the-Lake, L0S 1T0
$838,000$000000
Listed by REVEL REALTY INC..
Welcome to 625 Penner St, nestled in the charming town of Virgil within the picturesque Niagara-on-the-Lake. This 1.5 storey gem offers 933 sqft of cozy living space, featuring 3 beds and 2 baths. While the current value lies in the land, this ravine lot holds incredible potential for future development, possibly accommodating two homes with walkout basements that back onto a protected conservation forest, providing a serene & private setting. This home was also a licensed Airbnb, offering excellent income potential for those interested in a supplemental income stream. Imagine relaxing on the large wood deck accessible through patio doors from the dining room, perfect for enjoying the serene surroundings. Double car garage, a full partially finished basement for additional living space, & modern stainless steel appliances that elevate the kitchen experience. Don't miss this incredible opportunity to own a property with endless possibilities in a sought-after location.
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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.