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Listed 3 months ago

146 Four Mile Creek Road

105 - St. Davids, Niagara-on-the-Lake

$1,099,000

Detached|Sidesplit 4
3 | 4 | 8
About this home

Prime Niagara-on-the-Lake (St. David's)! A rare opportunity to own a beautifully updated home on an impressive 103 ft x 180 ft lot in one of NOTL's most desirable neighbourhoods. This bright and welcoming 4 bedroom, 3.5 bathroom residence offers over 2,500 sq ft of finished living space, featuring large windows that flood the home with natural light and warmth throughout.Currently operating as a licensed Airbnb, this property provides excellent potential for investors or buyers seeking a turnkey short-term rental in a world-class destination.Extensive upgrades include new asphalt driveway (2021), garage concrete pad (2021), garage door, new windows (2021), stucco exterior (2021), and a 200-amp electrical panel. The kitchen and bathrooms were refreshed (2021), complemented by a complete set of newer kitchen appliances. Major mechanical improvements include an owned hot water tank (2023) and owned heat pump (2023).Step outside to enjoy a large inground pool, perfect for summer entertaining and relaxing. Pool updates include a repainted pool, new piping, and new skimmer (2024).Enjoy the convenience of a double car garage plus 6 additional parking spaces (8 total). The outdoor setting is low-maintenance and offers beautiful open neighbourhood views. The spacious primary bedroom features a 3-piece ensuite and a private balcony overlooking the clear view-perfect for morning coffee or evening relaxation.Just minutes to award-winning wineries, golf, and the charm of historic Niagara-on-the-Lake.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleSidesplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,410
Lot Size102.9 ft x 180.1 ft
mls© NumberX13501396
Listed ByROYAL LEPAGE NRC REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,625
Property tax
$367
Heat allowance
$150
Housing costs
$6,143 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $219,800
25-yr amortization

Income needed

$189,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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