Licensed Short-Term Rental on a Corner Lot in Virgil, Niagara-on-the-Lake

Property details for 1459 Niagara Stone Road, Niagara On The Lake

Type: Residential
Bedrooms: 4
Bathrooms: 2
Lot Size: 162.6 x 148.1 FT
Stories: 1.5
Basement: Full
Parking: No Garage
Heating: Radiant heat, Other
Cooling: None
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $2,739

This 4-bed, 2-bath house has a full basement and 1.5 stories. It's got vinyl siding and sits on a corner lot measuring 162.6 by 148.1 feet. Photos show a functional layout with a kitchen, dining room, living room, and family room on the main level, plus three bedrooms above grade and one below. There's radiant heat, municipal water, and a poured concrete foundation. You'll find all standard appliances like a washer, dryer, and dishwasher. Parking for two cars, no garage. Located at the corner of Four Mile Creek and Niagara Stone Roads in Virgil, it's 5.2 km from Reif Estate Winery and 6.9 km from Old Fort Niagara. The property comes with a Niagara-on-the-Lake short-term rental license, generating over $50,000 annually. Priced at $749,900, it's below the nearby median of $824,450. Taxes run $2,739.06 per year. It's zoned R1 and freehold.

About 1459 Niagara Stone Road, Niagara On The Lake — Property Score

Great Location Well Priced Hot Market

Score: 70/100

Value

Priced 37.2% below area median of $1,195,000 based on 97 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - 1 more than similarly priced 3-bedroom homes nearby 72

2 bathrooms - 1 fewer than similarly priced properties nearby 48

24,081 sqft lot - an oversized lot for the area 90

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 32 days on market 100

+7.1% median price change over 1 month - rising prices in the area 86

66 months of housing supply - 66 active listings with 1 sold last month (buyer's market) 40

Features

2-car garage - area average is 6.5 spots 80

Full basement 55

premium radiant heating system 85

None 30

No premium extras like pool, waterfront, or view 50

Investment

0.37% effective tax rate ($2,739/yr) - very low tax burden 89

+76.4% area price change year-over-year - strong appreciation in Niagara On The Lake 100

11% renter population - primarily owner-occupied area 43

Quality

Condition

Listing

43 photos provided - 5% more than the area average of 41 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.