Sold on Oct 06, 2023
Note: Property is not currently for sale or for rent.
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Type: Detached
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Style: Other
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Lot Size: 82 x 200
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Age: 51-99 years
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Taxes: $3,977 per year
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Days on Site: 31 Days
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Added: Jul 03, 2024 (1 month on market)
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Updated:
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Last Checked: 13 hours ago
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MLS®#: X8496578
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Listed By: Royal lepage nrc realty
Opportunity knocks! Delightfully Renovated Home with separate 30X40X16ft Workshop/Garage and loads of parking all on a big 80 X200 ft lot with potential for severance. Welcome to 506 Line 2, Located in the heart of Virgil, Niagara on the Lake, across from a small commercial mall, backing onto Hwy 55, and kitty corner to the Future medical Centre beside CrossRoads Public School. With this prime location, opportunities are endless. Presently, the 1200 sqft Sidesplit is used as a single family residence with a lower level 2nd kitchen, backyard entrance, large Bdrm, renovated 4 pc bathroom and living space, there is the potential for an in-law suite or BnB Rental. The 1 Bay garage/Workshop is heated with a natural gas radiant tube heater, has 100 amp, a washroom and has surrounding parking for 10 cars. Initial consultations with town suggest severance is possible. Perhaps future development allows for townhomes, a 2nd home built or the possibility to change the property to commercial zoning through a variance with the City of Virgil. Garage roof has solar panels with income producing from NOTL Hydro approx 8K/yr. The contract is paid out and ownership will be transferred to the New Owner upon closing. Home furnace 2021, A/C 2020, Home roof 2021, Kitchens 2021, Vinyl floors 2021, renovated washrooms 2021, front and back doors 2021, house freshly painted 2021, new electric panel 2019, hot water tank owned 2020. Buyer to do own due diligence on severance or re-zoning.
Status
Days on Market: 31
Last Status: Sold
Sold Date: Oct 06, 2023
Closed Date: Nov 14, 2023
Expiry Date: Dec 05, 2023
Sold Price: $1,150,000
Unavailable Date: Oct 06, 2023
Input Date: Sep 05, 2023
Prior LSC: Sold
Property
Status: Sale
Property Type: Detached
Style: Other
Age: 51-99
Area: Niagara on the Lake
Availability Date: FLEX
Assessment Amount: $387,000
Assessment Year: 2021
Inside
Bedrooms: 3
Bedrooms Plus: 1
Bathrooms: 2
Kitchens: 1
Kitchens Plus: 1
Rooms: 8
Air Conditioning: Central Air
Fireplace: Yes
Laundry: Ensuite
Washrooms: 2
Building
Basement: Full
Heat Type: Forced Air
Heat Source: Gas
Exterior: Alum Siding
Exterior: Brick
Elevator: N
UFFI: No
Water Supply: Municipal
Special Designation: Unknown
Other Structures: Workshop
Parking
Driveway: Other
Garage Spaces: 1
Garage Type: Attached
Covered Parking Spaces: 10
Total Parking Spaces: 11
Fees
Tax Year: 2023
Tax Legal Description: LT 9 PL 302 ; NIAGARA ON THE LAKE
Taxes: $3,977
Highlights
Feature: Fenced Yard
Land
Cross Street: Niagara Stone Rd/ Hw
Municipality District: Niagara-on-the-Lake
Parcel Number: 463850048
Pool: None
Sewer: Sewers
Lot Depth: 200
Lot Frontage: 82
Acres: .50-1.99
Zoning: 301
E I McCulley Public School
Elementary: PublicSt Davids Public School
Elementary: PublicPort Weller Public School
Elementary: PublicLockview Public School
Elementary: PublicSt Michael Catholic Elementary School
Elementary: CatholicCrossroads Public School
Elementary: PublicThorold Secondary School
Secondary: PublicLaura Secord Secondary School
Secondary: PublicHoly Cross Catholic Secondary School
Secondary: CatholicSaint Paul Catholic High School
Secondary: CatholicGovernor Simcoe Secondary School
Secondary: PublicA N Myer Secondary School
Secondary: Public
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