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

$869,900
318 Concession 3 Road

$869,900

New
15d
Detached2-Storey

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

Total Monthly Obligation $4,353

Beds
3
Baths
3
Park
2
Sqft
2000-2500
DOM
15d
Score
16
Yield
4.0%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Detached
MLS® Number-X13876026
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-37.92 × 105.23 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$5,625.53 (2025)
Parking-4 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-REVEL Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-105 - St. Davids
Title-Residential Freehold

No agent assigned

Welcome to 318 Concession 3 Road in St. Davids, where vineyard views, exceptional condition and Niagara-on-the-Lake living come together. Built in 2016 and offering 2,061 sq. ft., this all-brick home has been exceptionally lightly lived in, giving buyers the rare opportunity to own a resale home with remarkably little wear and tear. Some appliances have seen little to no use, and the pride of ownership is evident throughout.Set directly across from picturesque vineyards, the home enjoys a peaceful setting while keeping you minutes from Old Town Niagara-on-the-Lake, wineries, golf, trails, parks, restaurants, schools, shopping and convenient QEW access.Inside, the bright open-concept main floor offers an easy flow for everyday living and entertaining. The kitchen features upgraded cabinetry, generous prep and storage space and opens directly into the spacious great room.Upstairs, the primary suite is a comfortable retreat with a walk-in closet and ensuite featuring double sinks, a glass shower and soaker tub. Two additional generously sized bedrooms overlook the vineyards and share an updated four-piece bathroom, while second-floor laundry makes day-to-day living that much easier.Hard-surface flooring throughout both levels, contemporary lighting, updated bathroom vanities, modern tile work and stylish bathroom lighting add to the home's clean, modern feel. Downstairs, the unfinished basement provides a blank canvas for future living space, a home gym, recreation room or whatever suits your lifestyle.Meticulously maintained, barely lived in and surrounded by one of Niagara's most beautiful landscapes, 318 Concession 3 offers the feel of a much newer home without the wait of new construction. For buyers looking for space, quality and the St. Davids lifestyle, this one deserves a closer look.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$695,920
Land Transfer Taxes$13,873
Legal Fees (Est.)
$
Total cash required for closing$189,353

Total Monthly Obligation

$4,353/mo
Mortgage $3,509
Monthly Loss $3,429
Principal$923
Interest$2,586
Property Tax$469
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%1
5-Year IRR
6.8%18
10-Year IRR
8.1%
Returns Index
10.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$34,836/yr
NOI
$21,227/yr
Net Cash Flow
-$1,740/mo
Cash Margin
-59.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.3/ 100

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

Comparables

Properties near 318 Concession 3 Road

Time

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