56 Shakespeare Avenue, Niagara-on-the-Lake

$1,250,000
56 Shakespeare Avenue

$1,250,000

New
17d
DetachedBungalow

56 Shakespeare Avenue, Niagara-on-the-Lake

Total Monthly Obligation $5,853

Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
17d
Score
14
Yield
2.1%
Cash on Cash
-14.4%
Cap Rate
1.5%
5Y IRR
4.4%
10Y IRR
6.0%
Property Type-Detached
MLS® Number-X13866634
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 78 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,229.89 (2026)
Parking-4 - None
Basement-Apartment, Crawl Space, Walk-Up
Heating-Forced Air (Gas)
Brokerage-Sotheby's International Realty Canada, Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-West
Exterior-Brick Veneer
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-101 - Town
Title-Residential Freehold

No agent assigned

A Niagara-on-the-Lake sanctuary backing onto Parks Canada land. This beautifully transformed 2+1 bedroom bungalow blends timeless craftsmanship with modern luxury. Located just steps from the lake and minutes to town, this property combines prime location with exceptional privacy. Fully renovated top-to-bottom-including updated wiring, plumbing, insulation, and solid wood interior doors-this bright, airy home offers effortless single-level living paired with a fully equipped lower-level retreat. Step inside to crisp light, old-growth heart pine flooring, and an open layout where every window frames views of lush, mature trees. The sun-drenched living/dining area is anchored by an expansive picture window and complimented by two custom built-in cabinets offering seamless storage. The main floor primary bedroom acts as a peaceful haven, complete with oversized windows. The chef's kitchen boasts solid wood cabinetry, quartzite countertops, and a striking basket-weave marble backsplash. A dramatic, custom-curved wall featuring a sleek glass-and-metal railing leads to the lower level, where 3/4-inch insulated cork floors bring exceptional warmth and comfort. Sharing the spotlight is the fully self-contained lower level suite that delivers endless versatility. It features a complete kitchen with an open living space paired with a generous bedroom ,semi-ensuite bath, laundry room, and a bonus workshop space. Outside, the fully fenced garden backs directly onto protected land, offering complete privacy and unfiltered forest views. Complete with a 4-car driveway, this property is a rare find.

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

Closing Costs

Mortgage Amount
$1,000,000
Land Transfer Taxes$21,475
Legal Fees (Est.)
$
Total cash required for closing$272,975

Total Monthly Obligation

$5,853/mo
Mortgage $5,042
Monthly Loss $4,526
Principal$1,327
Interest$3,715
Property Tax$436
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.1%8
Cash-on-Cash
-17.4%0
5-Year IRR
2.0%5
10-Year IRR
4.5%
Returns Index
3.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$26,208/yr
NOI
$13,857/yr
Net Cash Flow
-$3,887/mo
Cash Margin
-178.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.232
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
15.2/ 100

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

Comparables

Properties near 56 Shakespeare Avenue

Time

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