38
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$1,198,000
Est. payment /mo
4 Beds
2 Baths
Price Dropped by $50K
305 CENTRE ST Niagara-on-the-lake, ON L0S 1J0
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 101 - Town
MLS Listing ID X12208035
Style Other
Bedrooms 4
Annual Tax Amount $4,752
Tax Year 2024
Property Sub-Type Detached
Property Description
Step into The Cellar House, a beautiful mid-century modern residence in the heart of Old Town Niagara-on-the-Lake that blends classic character with comfortable living. Situated on a generous 70' x 140' lot that is walking distance to town, this property offers a rare opportunity for investors, developers, or end users. This four-bedroom, two-bathroom home with a garage sits on a well-kept lot, offering potential for future expansion under the Town's heritage bylaws. As well, a short-term rental permit - no longer being issued by the Town - with transferable assets & equity for savvy investors looking to cover costs. Inside, every floor of this side-split is fully-finished, maximizing living and entertainment space. Original wood floors run throughout the main floor of the home, while a gas fireplace adds warmth and character to the downstairs living area, and a speakeasy-themed room adds an inviting retreat on the lowest level. Outside, enjoy a private yard with a 7-person hot tub and extensive stone patio for outdoor seating or dining, alongside a spacious, standalone shed for storage. This multi-generational home offers exceptional flexibility and income potential, ideal for full-time living, a weekend retreat, or a rental opportunity. This is a rare opportunity to own a piece of Niagara-on-the-Lake's history, with timeless character and modern convenience just steps from the shops, dining, and charm of Old Town.
Location
Province ON
County Niagara
Community 101 - Town
Area Niagara
Rooms
Family Room Yes
Basement Finished, Full
Kitchen 1
Separate Den/Office 1
Interior
Interior Features Water Heater Owned
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private Double
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 70.0
Lot Depth 140.0
Total Parking Spaces 6
Building
Building Age 51-99
Unit Features Golf
Foundation Poured Concrete
New Construction false
Others
Security Features Alarm System
ParcelsYN No
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
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