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305 Centre Street

305 Centre Street

Niagara-on-the-Lake, ON

  • 4 bed
  • 3 bath
  • approx. 1100-1500 sqft
  • Detached
  • 210 days on market
$1,198,000

Centrally-located in the heart of Old Town Niagara-on-the-Lake, the Cellar House presents a comfortable mid-century modern living space. This side split house with garage sits on a generous and well-kept 70'x140' lot. Spanning 4 fully-finished floors, this three-bedroom two-bathroom home is move-in ready and presents an opportunity for future expansion under the Town's heritage bylaws. The property also includes a short-term rental permit - no longer being issued - making it a smart investment for the savvy buyer that may not be looking to move right away. Inside, the house features bright and thoughtfully-designed living spaces, including a well-preserved kitchen with cherry wood cabinetry and three spacious queen bedrooms. Outside, the home features an expansive private yard with a stone pad, 7-person hot tub, and gas fireplace. A short walk to the golf course, main Queen street strip, shops, restaurants, and wineries makes the Cellar House ideal for full-time living, a weekend retreat, or revenue-generating income property. Don't miss your opportunity to own your piece of this historic Canadian town.

Listing Details

Taxes (2025)
$5,460
Listed
February 3, 2026

Price History

Listing history

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Property

Style
Sidesplit 4
Age
51-99
Construction
Brick, Concrete
Roof
Shingles
Foundation
Concrete
Interior
Other
Lot Size
70 x 140 Feet

Parking

Garage
Attached
Covered Spaces
1
Total Parking
5

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Butler to Centre St.
Parcel Number
463960184
Possession
Flexible
Occupancy
Vacant

Included

Inclusions
All appliances (fridge, stove, microwave, water dispenser, dishwasher, washing machine, dryer) - Chandelier - Extra paint & supplies - Smart locks - Smart home & internet hardware (assuming it can be transferred)
Exclusions
Furniture, decor and bedding - Cookware, dishes, plates, glassware, cutlery,Gas Firepit - Outdoor Furniture
Rental Items
Hot Water Tank

Property Insights

needs worknew windowshardwood floorscrown mouldingpot lightsattached garage

AI-generated from listing photos. Not professional advice.

Community

Postal area L0S

Population
60,409
Private dwellings
28,128
Median age
53.2
Average household size
2.4
Median household income
$95,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Niagara-on-the-Lake · last 12 months

Median sold price
$975,000
Homes sold
337
Median days on market
40
Sale-to-list price
95.1%

Based on 337 recorded sales of residential freehold properties in Niagara-on-the-Lake over the last 12 months.

Rooms

5-piece on Upper, 3-piece on Basement, 2-piece on Sub-Basement

Second

  • Bedroom10'1" x 12'5"
  • Bedroom 210'8" x 10'11"
  • Bedroom 39'10" x 9'3"

Main

  • Dining Room9'11" x 8'4"
  • Kitchen9'7" x 9'5"
  • Living Room11'4" x 19'10"

Lower

  • Bedroom10'10" x 7'5"
  • Den11'4" x 16'5"
  • Recreation20'8" x 12'

Listed by

SOUTHVALE REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$239,600

Estimated Monthly Payment

$5,885

Land transfer tax

Estimated land transfer tax$20,435

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $5,885/mo (20% down, 5.5%)

Taxes: $455/mo · Insurance: $300/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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