HN
855 Line 1 Road, Niagara-on-the-Lake, ON L0S 1J0, Niagara-on-the-Lake, ON
+19 photos
$1,900,000

855 Line 1 Road, Niagara-on-the-Lake, ON L0S 1J0, Niagara-on-the-Lake, ON

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

About this home

This is a rare chance to own just under 24 acres right in the heart of Virgil, one of the most sought-after areas in Niagara-on-the-Lake. Opportunities like this don't come up often-especially with this kind of scale, infrastructure, and potential.The property is set just outside the urban boundary and features a fully functional agricultural setup with a +/- 2,160 sq. ft. home, a main greenhouse (approx. 32,000 sq. ft.), and an impressive footprint of polyhouse structures totaling roughly 261,600 sq. ft. There's also a 30 x 80 pole barn, additional outbuildings including a bunkie/office with washroom, and a dedicated loading area with a loading dock and gravel grade access.Serviced with septic, 220V, 200 amp single-phase power, and zoned agricultural, this property opens the door to a wide range of uses-whether you're expanding an existing operation, starting something new, or land banking in one of the most desirable pockets of Niagara.

Property Score

48/ 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
136% 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
-$6,068/mopoor
Estimated -$6,068/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
1.78%poor
Net operating income divided by purchase price.
Basement Suite Potential
+$1,980/moexcellent
Existing/legal suite estimated at $1,980/mo additional income.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13093008
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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