1048 LINE 1 Road, Niagara on the Lake | Image 1

1048 LINE 1 Road

Niagara on the Lake

  • - bed - bath
$X,XXX,XXX Listed: $X,XXX,XXX
Sold

Sold on Apr 19, 2024

Note: Property is not currently for sale or for rent.

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  • Type: Detached

  • Style: Bungalow-Raised

  • Lot Size: 320 x 668

  • Age: 31-50 years

  • Taxes: $3,519 per year

  • Days on Site: 61 Days

  • Added: Jul 04, 2024 (2 months on market)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X8822999

  • Listed By: Sotheby's international realty, brokerage

Nestled along a serene country road awaits an exceptional opportunity to own your own farm. This property boasts just over 5 acres of land with 3 acres of well maintained vineyards. The raised bungalow has undergone recent updates, including a modern kitchen featuring quartz countertops and stainless steel appliances, refreshed flooring, and a fresh coat of paint throughout. Step out from the dining room onto a spacious newly built two-tiered deck, ideal for hosting outdoor gatherings while enjoying the tranquility of your private backyard. The basement showcases ample natural light, two additional bedrooms, a family room with a fireplace hookup, and a convenient 3-piece bathroom. Please note the hole in between the bedrooms is there as the town required that for the home to receive its 3 bedroom short term rental license. All furniture can come with the sale - making this a true turn key operation! Approximately 3 acres of the property are dedicated to a thriving vineyard, boasting 2.5 acres of Merlot grapes and 0.5 acres of Sovereign Coronation grapes. The vineyard is meticulously maintained with under-drainage, 8x4 spacing, and trickle irrigation systems in place. Completing the property is a spacious three-car garage, equipped with separate hydro, 100 amp service, and spray foam insulation. There is an additional back section to the barn that is currently rented to a carpenter. Floor plans are available. Whether you will be living here personally or utilizing this property for investment purposes, this home offers endless revenue streams between the short term or long term rental possibilities for the house, the three separate sections to the barn, and the vineyard.

Status

  • Days on Market: 61

  • Last Status: Sold

  • Sold Date: Apr 19, 2024

  • Closed Date: Apr 19, 2024

  • Expiry Date: May 10, 2024

  • Sold Price: $1,300,000

  • Unavailable Date: Apr 19, 2024

  • Input Date: Feb 18, 2024

  • Prior LSC: Sold

Property

  • Status: Sale

  • Property Type: Detached

  • Style: Bungalow-Raised

  • Age: 31-50

  • Area: Niagara on the Lake

  • Availability Date: FLEX

  • Assessment Amount: $310,000

  • Assessment Year: 2024

Inside

  • Bedrooms: 2

  • Bedrooms Plus: 2

  • Bathrooms: 3

  • Kitchens: 1

  • Rooms: 7

  • Air Conditioning: Central Air

  • Fireplace: No

  • Laundry: Ensuite

  • Washrooms: 3

Building

  • Basement: Full

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Elevator: N

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Other

  • Garage Spaces: 3

  • Garage Type: Detached

  • Covered Parking Spaces: 9

  • Total Parking Spaces: 12

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT TWP LT 68 NIAGARA AS IN RO492090; NIAGARA-ON-THE-LAKE

  • Taxes: $3,519

Land

  • Cross Street: Niagara Stone Road t

  • Municipality District: Niagara-on-the-Lake

  • Parcel Number: 464100080

  • Pool: None

  • Sewer: Septic

  • Lot Depth: 668

  • Lot Frontage: 320

  • Lot Irregularities: 326.41 ft x 669.07

  • Acres: 5-9.99

  • Zoning: 261

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