$675,000

11 Firelane 14a .

Niagara-on-the-Lake ON, L0S 1J0

Description

A MILLION DOLLAR VIEW WITHOUT THE PRICE TAG OR THE TAXES! Welcome to 11 Firelane 14A, located in the Heart of Niagara's Wine Country and a short drive to Old Town Niagara-on the-lake. This home not only offers spectacular views of Lake Ontario, it also backs onto 8 Mile Creek Pond which is a protected watershed and home to a variety of wildlife that you can enjoy from your own private garden and deck. There is an outdoor communal area to store and launch your kayaks or canoes into the pond which directly links to Lake Ontario. This fantastic bungalow is part of the Pine Grove Owners Niagara Limited, a private enclave of 8 homes situated on five acres with each home holding one voting share in this Land Lease Co-operative. With this being a land lease property, it is not a mortgageable property and use as a short term rental property is not permitted. The land lease is for 20 years and is perpetually renewable and costs you only a yearly $1.00 shareholder fee. The costs for road maintenance and liability insurance for the communal land areas are usually under a thousand dollars a year. The benefits with this type of set up are the low taxes. This home's property taxes for this year were only $2,842.80! This lovely 1 bedroom bungalow, built approximately 20 years ago, has wrap around decking to enjoy all the different aspects of the incredible views and it also offers main floor living at it's best. A beautiful open concept kitchen, living and dining area with a stunning floor to ceiling stone gas fireplace and huge windows showcasing the lake views. There is a storage loft area that has the potential to be opened up above the kitchen area to allow for an additional sleeping space. The master bedroom is located in the back of the home which has direct access to your private garden which leads to the views of all the wildlife in the marsh & pond. There are two storage sheds, one could easily be transformed into a Bunkie or great outdoor bar. A truly stunning location!

Details

MLS#40027295
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2000
Days On Site17

Features

Bed(s)1
Bath(s) 1 Total
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Area Information
ProvinceON
CountyNiagara
CityNiagara-on-the-Lake
Postal CodeL0S 1J0
Area1 - Niagara-on-the-Lake
Elementary SchoolSt. Michael Catholic; Crossroads
Listing VS Median (in L0S 1J0)
Price:
$675,000
low | high
Med:
$1,049,500
5.481481481481% of Average
On Site:
17
low | high
Med:
17.5
97.142857142857% of Average
Listing Updated: 10/23/2020
MARY JO MADERA LogoMLS Number: 40027295
Listing Provided By:
MARY JO MADERA  of  MCGARR REALTY CORP BROKERAGE
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