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Listed 9 days ago

290 Four Mile Creek Road

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

$1,350,000

Detached|2-Storey
3 | 2 | 5
About this home

A rare opportunity to own a beautifully restored piece of Niagara history. Originally built in1786 by Joseph Clement, this remarkable home is the only non-stone residence to have survived the burning of St. Davids in 1814. This historic home has been meticulously renovated with thousands invested in premium upgrades (see attached list of improvements) while preserving its irreplaceable heritage character. It seamlessly blends historic features with modern luxury and an exceptional bonus to this property is that is also includes an additional parcel of a 53' x 193' lot (directly behind and attached to the property) that backs onto the award-winning Ravine Winery Vineyard. 'Clement House' offers an idyllic setting, with gorgeous views and sunsets from a backyard that hosts a spacious private patio overlooking the grapevines, complete with a natural gas BBQ, and a greenspace featuring a two-person swing, wood-burning firepit, and beautifully landscaped grounds. Inside, the home showcases a stylish, fully updated interior with premium finishes, a gourmet kitchen with gas stove, filtered water, quality appliances, and ample dining space. Comfortable accommodations are enhanced by luxury bedding, high-end linens, updated bathrooms, in-home laundry, and modern connectivity with high-speed internet and CAT5 wiring for professional work-from-home capability. Currently operating as a successful Airbnb, this is one of the area's most loved and highly rated homes, boasting an exceptional 4.99 guest rating and strong appeal for visitors seeking a memorable Niagara experience. Ideally situated on the Niagara Escarpment, this unique property is just minutes from Old Town Niagara-on-the-Lake & Niagara Falls, close to championship golf courses, scenic walking & cycling trails, wineries, restaurants, shopping, and everyday amenities. Enjoy the charm of an historic home while embracing the convenience and comfort of contemporary living in one of Niagara's most sought-after locations.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,303
Lot Size64 ft x 157 ft
mls© NumberX13770380
Listed ByRE/MAX ROUGE RIVER REALTY LTD.

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%
$6,910
Property tax
$275
Heat allowance
$150
Housing costs
$7,335 / mo

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

Down payment20% · $270,000
25-yr amortization

Income needed

$226,000

gross annual household income

Payment at 4%
$5,681 / mo
Cash down
$270,000

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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