$ 3,999,999

Estate on a Ravine Lot Near Old Town with Pool and Theatre

Property details for 362 Niagara Boulevard, Niagara On The Lake

Type
Residential
Bedrooms
5
Bathrooms
7
Lot Size
192 x 191 FT
Stories
2
Basement
Finished, Separate entrance, N/A, N/A
Parking
Attached Garage, Garage, Covered
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Concrete, Stone
Ownership
Freehold
Annual Taxes
$26,278

You're two minutes from the shops and restaurants on Queen Street, but this place feels like a private retreat. This nearly one-acre lot backs onto a ravine with no rear neighbours, so the backyard is your own resort. There's a fiberglass pool with an automatic cover and ionized filtration, plus a 2021 outdoor kitchen with a searing station and flat-top grill. The house itself is stone and stucco, constructed in 2013 and expanded in 2021, so it's basically new. Inside, a 19-foot foyer sets the tone, and the main floor flows into a proper office, formal dining room, and a family room with a gas fireplace. The kitchen has Miele appliances and a reverse osmosis water system. All five bedrooms have their own ensuite, and there's space for a sixth up top if you need it. The lower level walks out to the garage and includes a home theatre featuring a 100-inch screen. Three furnaces and AC units, central vac, security system, and even a hot tub are included. Taxes run about $26K, and the asking price is $3.999M, which undercuts the $4.15M median for the area. It's been on the market less than three weeks, and with so few listings nearby, you might want to move fast.

About 362 Niagara Boulevard, Niagara On The Lake — Property Score

61
Prime Location Spacious Feature Rich
Score: 61/100
Value
26
Priced 166.8% above area median of $1,499,000 based on 67 comparable properties nearby 1
Stable pricing - no price changes since original listing date 50
Size
86
5 bedrooms - 1 more than similarly priced 4-bedroom homes nearby 72
7 bathrooms - 3 more than similarly priced properties nearby 96
36,672 sqft lot - an oversized lot for the area 90
Location
88
$76K median household income - near the Canadian average of $70K 68
94% of residents hold postsecondary credentials - a highly educated neighbourhood 100
90% homeownership rate - indicating a stable, owner-occupied community 93
84% of residents commute under 30 minutes - excellent commuter accessibility 97
1,378/km² population density - a well-balanced suburban area 84
Market
47
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
83
10-car garage - more than the area average of 6.9 spots 95
Finished, Separate entrance, N/A, N/A basement - adds valuable living space 85
efficient gas forced air heating 80
Central air conditioning - whole-home cooling 90
2 fireplaces - a desirable feature for Canadian winters 85
Pool - premium features that add significant value 65
Investment
40
0.66% effective tax rate ($26,278/yr) - below the Canadian average of ~1% 80
-52.1% area price change year-over-year - significant price correction in Niagara On The Lake 1
9% renter population - primarily owner-occupied area 40
Quality
50
Condition
50
Listing
89
46 photos provided - 15% more than the area average of 40 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.

Full Listing Description

All Property Details

Neighbourhood Census Data

Niagara-on-the-Lake, Ontario

Population
582
Median Age
59.6
Median Income
$39,872
Dwelling Value
$500,457

Housing Tenure

Owners 90%
Renters 9%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.1
Pop. Density: 1,378.2/km²
Avg Shelter Cost: $1,210/mo
Owners with Mortgage: 38.5%
Owners Spending 30%+: 11.5%
Tenants Spending 30%+: 0%
English only: 87.1%
English and French: 12.9%
Median Household Income: $75,904
Median Employment Income: $25,632

Price History

Contact Agent Get in touch about 362 Niagara Boulevard, Niagara On The Lake

Thomas Baker
Thomas Baker
RE/MAX NIAGARA REALTY LTD, BROKERAGE