506 Line 2 Road, Niagara on the Lake | Image 1

506 Line 2 Road

Niagara on the Lake

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

Sold on Oct 06, 2023

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

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  • Type: Detached

  • Style: Other

  • Lot Size: 82 x 200

  • Age: 51-99 years

  • Taxes: $3,977 per year

  • Days on Site: 31 Days

  • Added: Jul 03, 2024 (1 month on market)

  • Updated:

  • Last Checked: 1 hour ago

  • MLS®#: X8496578

  • 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

Map of 506 Line 2 Road, Niagara on the Lake
JK-8

E I McCulley Public School

Elementary: Public
7.60 km
JK-8

St Davids Public School

Elementary: Public
6.85 km
JK-8

Port Weller Public School

Elementary: Public
7.06 km
JK-8

Lockview Public School

Elementary: Public
7.11 km
JK-8

St Michael Catholic Elementary School

Elementary: Catholic
1.18 km
JK-8

Crossroads Public School

Elementary: Public
0.29 km
9-12

Thorold Secondary School

Secondary: Public
11.48 km
9-12

Laura Secord Secondary School

Secondary: Public
8.85 km
Pre-Grade 9-12

Holy Cross Catholic Secondary School

Secondary: Catholic
7.49 km
Pre-Grade 9-12

Saint Paul Catholic High School

Secondary: Catholic
11.31 km
9-12

Governor Simcoe Secondary School

Secondary: Public
8.77 km
9-12

A N Myer Secondary School

Secondary: Public
10.87 km

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