129 JOHNSON ST new Save Request In-Person Tour Request Virtual Tour
Niagara-on-the-lake,ON L0S 1J0
Key Details
Property Type Single Family Home, Condo
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 101 - Town
MLS Listing ID X12364043
Style 2-Storey
Bedrooms 4
Building Age 51-99
Annual Tax Amount $9,642
Tax Year 2024
Property Sub-Type Detached
Appx SqFt 3000-3500
Property Description
PRIME OLD TOWN LOCATION WITH INCOME-GENERATING APARTMENT. Now attractively priced and positioned to sell. This 4-bed, 4-bath character home located just steps from Queen Street, offers a unique combination of lifestyle and investment potential. A fully legalized self-contained apartment above the garage provides income potential of $1,600/month. At a 6% cap rate, this suite alone is valued at $320,000, effectively pricing the main residence at just $1,330,000. Exceptional value for this location, size, and flexibility. The main home features timeless 1890s charm blended with modern updates and over 3,400 sq ft of living. Enjoy a finished basement, 2-car garage, and a breezeway connecting the apartment, while maintaining full privacy with separate entrance, laundry, utilities; heat/AC, and hot water tank. Whether you're hosting family and friends' weekends, strolling to Shaw Theatre and local cafés and restaurants, or welcoming guests or tenants into the fully renovated bachelor apartment, this address delivers both charm and cash flow. This is a rare opportunity to own a heritage-style property that offers both financial return and the Niagara lifestyle at its finest. Offers welcome anytime.
Location
Province ON
County Niagara
Community 101 - Town
Area Niagara
Rooms
Family Room Yes
Kitchen 1
Interior
Cooling Central Air
Fireplaces Type Family Room
Exterior
Exterior Feature Porch
Parking Features Private Double,Reserved/Assigned,Inside Entry
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Stone,Concrete Block,Poured Concrete
New Construction false
Others
Virtual Tour https://www.myvisuallistings.com/vtnb/348396