41 Ricardo Street, Niagara-on-the-Lake, ON

$1,195,000
MLS#:X12279003
2 beds
2 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of 101 - Town. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,195,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 41.87 x 179.79 ft lot
  • Features a ["finished", "finished with walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Brick & Beam, Primary Bedroom - Main Floor, Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Historic Charm Meets Modern Potential: Rare Offering in Niagara-on-the-Lake. Set along prestigious Ricardo Street in the heart of Niagara-on-the-Lake's historic Old Town, this property offers the lifestyle so many dream of, just steps from the waterfront, marina, sailing club, Queens Royal Park, boutique shops, award-winning restaurants, theatres, and scenic riverfront trails. The existing 1930s bungalow is rich with character, showcasing exposed brickwork, wood beams, and large windows that flood the space with natural light and offer water views. These timeless architectural elements provide the perfect foundation to blend old-world charm with modern design, whether through thoughtful renovation or a custom rebuild. The home features an open-concept living and dining area, galley kitchen, cozy fireplace, main-floor bedroom, laundry, and a walkout lower level with separate entrance, ideal for guests, a home office, or private retreat. Two additional outbuildings, a detached garage and a studio/workshop, add flexibility for hobbies, storage, or creative space. Recent updates include a new furnace and A/C (2023) and a newer roof, allowing you to focus on reimagining the property to suit your vision. The rare lot stretches from Ricardo Street to Delater Street, offering exceptional space, privacy, and endless possibilities to expand, modernize, or rebuild while incorporating the character elements that make this home truly unique (buyer to verify development options). Niagara-on-the-Lake offers more than a home; it's a destination where historic charm meets modern living. Explore the potential today.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 13, 2025
Sold price information is available to members only
Listed Date7/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Vinyl Siding
BasementFinished, Finished with Walk-Out
Lot Size41.87 × 179.79 Feet
CountyNiagara
Annual Tax$5,352
Legal DescriptionPCL 9-1 SEC M15; LT 9 PL M15 AS CONFIRMED BY PL 30BA1360, PLAN M15 IS NOT A PLAN OF SUBDIVISION WITHIN THE MEANING OF THE PLANNING ACT ; NIAGARA ON THE LAKE

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Beach, Golf, Lake Access, Marina, Rec./Commun.Centre

Interior Features

Brick & Beam, Primary Bedroom - Main Floor, Water Heater

Security Features

Community Features

Location

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41 Ricardo Street, Niagara-on-the-Lake, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 41 Ricardo Street, Niagara-on-the-Lake, ON L0S 1J0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$956,000
Monthly Mortgage$5,555
Property Tax (Est.)$446
Utilities & Maint.$350
Total Monthly Cost$6,351

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 101 Town, Niagara On the Lake.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.