HN
478 Johnson Street, Niagara-on-the-Lake, ON L0S 1J0, Niagara-on-the-Lake, ON
+19 photos
$2,100,000

478 Johnson Street, Niagara-on-the-Lake, ON L0S 1J0, Niagara-on-the-Lake, ON

Niagara-on-the-Lake, ON L0S 1J0
3 beds 2 baths Detached

About this home

Opportunity knocks! Welcome to this charming three bedroom bungalow in the best location of Old Town in Niagara-on-the-Lake. Situated on an exceptional 102.92'x161' south facing lot, walking distance to Ryerson Park and Lake Ontario. Surrounded by mature trees, this side of town is extremely quiet and peaceful. Enter in through the living room to the open concept kitchen/dining/family room with vaulted ceilings. The kitchen offers a center island, and the family room features a floor to ceiling brick wood burning fireplace. Walk out to the sundeck, garden, and detached two car garage/workshop. A separate entrance walks into the solarium with floor to ceiling windows, and spans the other side of the house. Two bedrooms are featured, as well as a four piece washroom. The lower level offers ample storage, a utility room, a spacious recreation room/office, and a laundry room. This house can be enjoyed as is, renovate or build new on this spacious and private lot. Explore the possibility of severing the lot and building two houses, both on 50' lots! Surrounded by the finest houses Niagara-on-the-Lake has to offer. Located just minutes away from the center of town with shops, restaurants, and the Shaw Festival, as well as golf and wineries.

Property Score

41/ 100
Overall Property Score
fair

A blend of both buyer and investor metrics.

Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
50/100fair
GO Transit, LRT, and bus access from this neighborhood.
Schools
70/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
151% of city avgpoor
Priced above Niagara-on-the-Lake's average of $1,395,000.
Appreciation Trend
+1.2%/yrgood
Niagara-on-the-Lake has seen +1.2% YoY price change.
Monthly Cash Flow
-$10,042/mopoor
Estimated -$10,042/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
-0.13%poor
Net operating income divided by purchase price.
Basement Suite Potential
Buildablegreat
Strong potential for a legal basement suite - could add ~$1,980/mo.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13038176
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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