$1,199,000
( $570.95Per Sq Foot )
 $6,436 est/mo Sourced by Back At You

59 Shakespeare Avenue,Niagara-on-the-Lake, ON L0S1J0

Niagara-on-the-Lake, ON L0S1J0

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Description

Established hospitality income property in one of Ontario's top tourism markets, offered with three years of operating statements. Currently operating as a licensed Short Term Rental - Airbnb. Turnkey short-term rental with three full years of documented operating history in Old Town Niagara-on-the-Lake. This licensed, professionally managed 4-bedroom, 2-bath home with a private inground pool has produced six-figure gross revenue every year since 2023, with steady occupancy and tightly controlled operating costs. Year-end P&L statements for 2023 to 2025 are available to qualified buyers through their Realtor. * Why it performs: a central location minutes from Old Town's shops, theatres, lakefront, marina and golf; a private pool that commands premium summer rates; and a design-forward interior that earns consistent 5-star reviews. Furniture, decor and artwork are negotiable, so a buyer can keep bookings running from day one. * Most of the capital work is already done: furnace and components (2019/2023), sump pump with battery backup (2023), new sewer line (2023), whole-home dehumidifier (2024), new range, sink, dishwasher, BBQ and pool cover (2025), and in 2026 new countertops, backsplash, deck, exterior door, vanity, window, tiled foyer, refinished hardwood, full landscaping and two large trees removed. Roof 2014. * Flexible strategy: continue as a short-term rental, shift to mid-term furnished stays, or hold as a personal residence with income potential. * Please note: the STR licence does not transfer. Buyers may apply to the Town of Niagara-on-the-Lake once the deal is firm. HST may apply to this sale; buyers should consult a tax professional. Owner is flexible on closing. (id:13843)

Details

MLS #40869054
Listing TypeFor Sale
StyleRecreational
StatusActive
Year1940
Days On Site13
Listing Provided ByeXp Realty | Melissa Vass Scott

Features

SQ Feet2,100
BasementY
Story(s)3
ZoningR1

Interior

Fireplace Yes / NoNo

Exterior

Lot FeaturesCrushed stone driveway
Foundation DetailsBlock

Parking

Parking Total4

Utilities

UtilitiesNatural Gas, Electricity
SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount4534.1

Area Information

ProvinceON
CityNiagara-on-the-Lake
Postal CodeL0S1J0
Community Name101 Town
Listing VS Median (in 101 Town)
Price:
$1,199,000
low | high
Med:
$1,199,000
50% of Average
sqft:
2,100
low | high
Med:
2,348
38.190476190476% of Average
$ / sqft:
$571
low | high
Med:
$511
60.562180579216% of Average
On site:
13
low | high
Med:
29
44.827586206897% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityNiagara-on-the-Lake
Postal CodeL0S1J0
Community Name101 Town
Listing VS Median (in 101 Town)
Price:
$1,199,000
low | high
Med:
$1,199,000
50% of Average
sqft:
2,100
low | high
Med:
2,348
38.190476190476% of Average
$ / sqft:
$571
low | high
Med:
$511
60.562180579216% of Average
On site:
13
low | high
Med:
29
44.827586206897% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $899K - $1.498M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
59 SHAKESPEARE Avenue Property Photo 1
$1,199,000
59 Shakespeare Avenue
Niagara-on-the-lake, ON L0S1J0
Listing Updated: October 7, 2026 at 10:27:44 AM PDT