All-Brick Bungalow with Accessible Deck in Virgil

Property details for 42 Loretta Drive, Niagara On The Lake

Type: Residential
Style: Bungalow
Bedrooms: 2
Bathrooms: 2
Lot Size: 55.8 x 114.8 FT
Stories: 1
Basement: Partially finished, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $5,148

This all-brick bungalow in Virgil is all about single-level living, and it's got some thoughtful touches. The main floor has two bedrooms and a 5-piece bath with double sinks, a soaker tub, and a big shower. There's also main-floor laundry with a sink, which is rare. The living room has floor-to-ceiling pillars, a bay window, and a gas fireplace, while crown moulding runs through the main rooms. The kitchen opens to a dining area with French doors that lead out to a 20.75' x 12.5' deck with a ramp - wheelchair accessible, and easy for anyone with mobility issues. The bedrooms have brand new 8mm vinyl flooring, and the basement is partially finished with another 3-piece bath. The furnace, AC, heat pump, and sump pump are all 2-3 years old, so major systems are sorted. Outside, there's a covered front porch, mature trees, perennials, and a sprinkler system - plus a double garage with inside entry. The lot is 55.8 x 114.8 ft, giving you room to breathe. Located in Virgil, you're steps from a park and a short drive to wineries and the Shaw Festival. Listed at $800,000, it's right in line with the area's median of $799k, and with just 10 active listings nearby, it's a competitive market. For a ranch-style home that's move-in ready with accessibility features, this one's got a lot going for it.

About 42 Loretta Drive, Niagara On The Lake — Property Score

Great Location Feature Rich Well Priced

Score: 65/100

Value

Priced 30.3% below area median of $1,147,500 based on 59 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

2 bathrooms - 1 fewer than similarly priced properties nearby 48

6,406 sqft lot - a generous lot for the area 78

Location

$85K median household income - above the Canadian average of $70K 73

89% of residents hold postsecondary credentials - a highly educated neighbourhood 95

88% homeownership rate - indicating a stable, owner-occupied community 92

78% of residents commute under 30 minutes - excellent commuter accessibility 93

720/km² population density - a low-density residential area 65

Market

Just listed - area average is 43 days on market 100

-16.3% median price change over 1 month - declining prices in the area 1

45 months of housing supply - 135 active listings with 3 sold last month (buyer's market) 40

Features

4-car garage - area average is 6.6 spots 95

Partially finished, N/A basement - potential for additional finished space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.64% effective tax rate ($5,148/yr) - below the Canadian average of ~1% 81

-52.1% area price change year-over-year - significant price correction in Niagara On The Lake 1

11% renter population - primarily owner-occupied area 43

Quality

Condition

Listing

37 photos provided - below the area average of 39 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.