$675,000
Est. payment $2,989/moCalculate yours
1459 Niagara Stone Road, Niagara-on-the-Lake, ON L0S 1T0
108 - Virgil, Niagara-on-the-Lake, ON L0S 1T0
- 3 + 1 Beds
- 2 Baths
- 700 Sq Ft
Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE MLS® X13844264
About this home
Rare Licensed STR in Niagara-on-the-Lake Licensed short-term rental opportunity in the heart of Niagara-on-the-Lake, offering a rare turnkey advantage in one of Ontario’s most tightly regulated STR markets. This detached single-family home already holds a valid short-term rental license with the Town of Niagara-on-the-Lake, allowing the next owner to continue operating immediately without licensing uncertainty - a significant and increasingly scarce asset. Ideally located at the prominent corner of Four Mile Creek Road and Niagara Stone Road, the property enjoys excellent exposure and accessibility, just minutes from Old Town NOTL and directly within the village of Virgil, surrounded by world-class wineries, acclaimed restaurants, cycling routes, and Niagara’s most iconic tourist destinations. The property has a proven income history, generating over $50,000 in gross annual revenue, supported by strong year-round tourism demand and an unbeatable location. The detached layout and functional interior provide exceptional flexibility, making the home equally well suited as a full-time residence, a vacation property, or a turnkey income-producing short-term rental. With ample parking, inviting indoor and outdoor living spaces, and year-round appeal, this is a rare opportunity to own a versatile, licensed property offering income stability and lifestyle value in one of Niagara-on-the-Lake’s most sought-after markets.
Property details
Overview
- Property Type
- Detached
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 700 sqft
Interior
- Bedrooms
- 3 + 1
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Full
Building & Systems
- Heating
- Radiant (Other)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 162.61 x 148.1 Feet
- Parking
- None garage · 2 total
- Zoning
- R1
Financial
- Property Taxes
- $2,739 (2025)
Location
- Neighbourhood
- 108 - Virgil
- Cross Street
- FOUR MILE CREEK RD
- Direction Faces
- South
Listing
- MLS® Number
- X13844264
- Days on Market
- 18
- Listed On
- 2026-09-30
- Possession
- Flexible
- Listed By
- RE/MAX NIAGARA REALTY LTD, BROKERAGE
Rooms
Features
Interior
- Water Heater
Pool
- None
- Included
- FRIDGE, STOVE, MICROWAVE, DISHWASHER, WASHER, DRYER
Mortgage calculator
Estimated mortgage payment
$2,989 per month
- Principal and interest
- $2,989
- Property tax
- $228
- Condo fees
- $0
- Estimated monthly cost
- $3,217
Your mortgage
- Mortgage amount
- $540,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $356,626
Cash to close
- Down payment
- $135,000
- Land transfer tax
- $9,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $144,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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