HN
15 Oak Drive, Niagara-on-the-Lake, ON L0S 1J0, Niagara-on-the-Lake, ON
+19 photos
$725,000

15 Oak Drive, 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

Located in a quiet neighbourhood north of Lakeshore Rd in beautiful Niagara-on-the-Lake, this 2220 square foot, 3-bedroom, 2-bathroom bungalow offers comfortable living just moments from the shores of Lake Ontario and the breathtaking sunsets of nearby Ryerson Park. Surrounded by mature trees and landscaped perennial gardens, the home's main floor features a bright and functional layout with three bedrooms, a galley-style kitchen, dining area, and a 4-piece bathroom. The spacious lower level expands the living space with a recroom, family/movie room, 3-piece bathroom, and laundry area, providing flexibility for relaxing, entertaining, or hosting guests. Designed with accessibility in mind, the home offers the convenience of one-level living with several wheelchair-friendly features already in place, including a front concrete ramp with railing, wider doors and hallways, and an accessible bathtub. Step outside to a private, fenced backyard highlighted by mature trees and a picturesque inground pool, creating a peaceful setting for summer enjoyment. The backyard also includes a patio area off the rear of the home and a storage shed. Recent updates include a new central air conditioner and new pool sand filter, both installed in the summer of 2025. Ideally located close to parks and playgrounds, historic Old Town Niagara-on-the-Lake, wineries, golf courses, Lake Ontario's shoreline, and just a short drive to the Niagara District Airport, Niagara College, Outlet Collection at Niagara, and QEW highway access, this property offers a wonderful opportunity to enjoy Niagara living in a sought-after location.

Property Score

62/ 100
Overall Property Score
good

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
52% of city avgexcellent
Priced below 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
-$1,377/mopoor
Estimated -$1,377/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
3.33%good
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® # X13092048
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.