HN
85 Ricardo Street, Niagara-on-the-Lake, ON L0S 1J0, Niagara-on-the-Lake, ON
+19 photos
$1,225,000

85 Ricardo Street, Niagara-on-the-Lake, ON L0S 1J0, Niagara-on-the-Lake, ON

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

About this home

Step into timeless charm with this beautifully preserved circa 1880 1-storey home, offering approximately 1,850 sq. ft. of character and comfort 3 bedroom, 2 1/2 bath century home in the highly coveted Dock Area of Niagara-on-the-Lake. This enchanting residence blends historic appeal with modern peace of mind, featuring extensive updates to all major mechanical systems, including heating, air conditioning, electrical, windows, and roof. Every essential has been thoughtfully upgraded, allowing you to enjoy classic architecture without compromise. Inside, you'll find a warm and inviting layout that showcases the home's heritage roots while providing functional living space ideal for both everyday living and entertaining. The 1-storey design offers a unique and cozy atmosphere, perfect for those seeking something truly special. Nestled in one of Niagara-on-the-Lake's most sought-after neighbourhoods, just moments from the waterfront, boutique shops, dining, and local wineries, this property presents a rare opportunity to own a piece of history in an unbeatable location. Experience the charm of the past with the confidence of modern updates-this is Niagara-on-the-Lake living at its finest.

Property Score

49/ 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
88% of city avggood
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
-$4,528/mopoor
Estimated -$4,528/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
1.18%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® # X13092426
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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