238 Creek Road, Niagara-on-the-Lake

$1,249,000
238 Creek Road

$1,249,000

Price Change
24d
Detached2 1/2 Storey

238 Creek Road, Niagara-on-the-Lake

Total Monthly Obligation $6,038

Beds
5
Baths
6
Park
10
Sqft
3500-5000
DOM
24d
Score
22
Yield
5.8%
Cash on Cash
1.3%
Cap Rate
4.9%
5Y IRR
16.6%
10Y IRR
15.5%
Property Type-Detached
MLS® Number-X13845652
Beds-5
Bathrooms-6
Size-3500-5000 sqft
Lot Size-79.99 × 250 ft
Listed on site-Sep 29, 2026
Style-2 1/2 Storey
Building Type-Detached
Taxes-$7,500 (2026)
Parking-12 - Detached
Basement-Unfinished
Heating-Radiant (Gas)
Brokerage-REVEL Realty Inc., Brokerage
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Concrete Block
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-105 - St. Davids
Title-Residential Freehold

No agent assigned

A rare opportunity to acquire a luxurious early 1900's era home situated in in the heart of St David's. Built by Doctor Duggan in 1911, this 3447 square foot home boasts exceptional curb appeal and is ideal for the most discerning buyer. Purchase as a stately home or to operate as a unique Edwardian Bed and Breakfast. This residence features large principal spaces and 5 large bedrooms all equipped with their own ensuite. The unfinished attic has ample room to accommodate two additional suites. Sitting near the rear of this 1/2 acre lot is a massive two story barn that has many possibilities with its vaulted loft space.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$999,200
Land Transfer Taxes$21,455
Legal Fees (Est.)
$
Total cash required for closing$272,755

Total Monthly Obligation

$6,038/mo
Mortgage $5,038
Monthly Loss $4,712
Principal$1,326
Interest$3,712
Property Tax$625
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.9%4
5-Year IRR
13.3%60
10-Year IRR
13.2%
Returns Index
31.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$72,000/yr
NOI
$52,800/yr
Net Cash Flow
-$638/mo
Cash Margin
-10.6%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
20.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 238 Creek Road

Time

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Data last updated within the past 24 hours.