316 Concession 3 Road, Niagara-on-the-Lake

$814,900
316 Concession 3 Road

$814,900

New
16d
DetachedBungalow-Raised

316 Concession 3 Road, Niagara-on-the-Lake

Total Monthly Obligation $4,156

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
16d
Score
19
Yield
4.9%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X13870192
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-11.53 × 32.01 ft
Listed on site-Oct 7, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$5,924 (2026)
Parking-4 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-REVEL Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-105 - St. Davids
Title-Residential Freehold

No agent assigned

Flexible closing available!! In-Law Capability!! Welcome to 316 Concession 3 Road, where comfort, style, and the Niagara-on-the-Lake lifestyle come together. Ideally situated directly across from picturesque vineyards with stunning escarpment views, this beautifully maintained all-brick raised bungalow offers exceptional curb appeal and an unbeatable location. Built in 2016, this spacious 2+1 bedroom, 3-bathroom home features approximately 2,749 sq. ft. of finished living space. The bright, open-concept design is highlighted by soaring ceilings, rich oak flooring, and quality finishes throughout. The private primary suite is a true retreat, overlooking the vineyard and featuring a walk-in closet and a 3-piece ensuite. A second bedroom and full bathroom complete the main level. The fully finished lower level offers incredible versatility with a large recreation room along with a bright third bedroom featuring full-sized windows and an additional full bathroom. With a separate garage entrance leading to the lower level, the home also presents excellent potential for an in-law suite or income-generating rental opportunity, making it an attractive option for multi-generational living or savvy investors.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$651,920
Land Transfer Taxes$12,773
Legal Fees (Est.)
$
Total cash required for closing$177,253

Total Monthly Obligation

$4,156/mo
Mortgage $3,287
Monthly Loss $3,291
Principal$865
Interest$2,422
Property Tax$494
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.8%1
5-Year IRR
9.5%32
10-Year IRR
10.2%
Returns Index
17.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$40,320/yr
NOI
$25,864/yr
Net Cash Flow
-$1,132/mo
Cash Margin
-33.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.668
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
21.1/ 100

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

Comparables

Properties near 316 Concession 3 Road

Time

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