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About Janis


840 Concession 2 Road
Niagara-on-the-Lake

Possession 60-90 Days

Price: $549,900
Facing:
North
Lot Size:
294' X 220'

Room Dimensions:

Main Level:
Living Room:
Dining Room:
Kitchen:
Master Bedroom:
Bedroom:
Bedroom:
Sun Room:
Bath:
Bath:
Bath Ensuite:

Lower Level:
Living Room:
Kitchen:
Master Bedroom:
Bedroom




15'5 x 15'9
15'5 x 11'0
26'5 x 11'9
19'8 x 13'4
12'4 x 11'9
12'3 x 9'8

4 piece
4 piece
4 piece


28'3 x 13'1
13'9 x 11'9
13'1 x 11'2
10'9 x 10'1

This  1.5 acres property has 4 outbuildings in addition to a large  2103  square foot ranch style bungalow with an attached double car garage.

The large building on the left as you look at the property form the street, has several  potential functions for the home buyer.  It has been a building used for the sorting and storage of local agricultural crops.  It has also been used to house many vehicles for the current owner.  As you look at the “barn”  the garage door on the left opens to a double bay with hoist for the mechanic, and this area is equipped for forced air oil heating.  The centre garage door offers greater height for tall vehicles.  Across the back of the building structure, there are 3 more garage doors.  Spacious, and protected by an alarm system, allows many potential uses from the work at home individual, to an income producing vehicle and boat rental facility.

The double car garage as you look straight onto the property has a 2 bedroom apartment, with 3 piece bathroom, fridge and stove.  This garage also has a great deal of interior space for storage of special vehicles.  This building is heated by forced air oil heating, and is armed with a security system.

In addition to these exceptional out-buildings, there is also a structure on the property equipped for migrant farm workers equipped with a 3 piece bathroom.  An additional storage shed is also on the property.

This long luxurious home has an attached double car garage, and was previously  licensed as a B & B known as “As You Like It”.  The 3 large main floor bedrooms each have private ensuite bathrooms.  The lower level has a completely finished 2 bedroom in-law suite with its own separate entrance.  This is like having two full homes making it ideal for large expanded families living together, or for private owners quarters while utilizing the upper floor as a B & B business again one day.

The front entrance is spacious and welcoming and leads to the formal living and dining rooms, the kitchen and a staircase to the lower level with a privacy door at the bottom of the staircase.

The living and dining rooms are large enough for grand family get-togethers, or wonderful entertaining and these rooms enjoy a view through gas fireplace that creates ambiance and adds warmth to both the living room and the wonderful full size “family friendly” casual dining area adjacent to the kitchen.  

The kitchen’s oak cabinetry offers a china display case, pantry, and a practical and attractive “U” shaped working area with generous countertops and a great layout for chatting with friends and family while “the soups on”!  The kitchen dining area, warm and inviting by the fireside, also has tremendous views to the large rear patio complete with colorful bird watching year ‘round. 

The flower beds, with a well selected mix of perennials, do exceptionally well with sandy loam soil that are in bloom consistently throughout the growing season. 

Each of the 3 main floor bedrooms are generous in size and were planned to appeal to the B and B business that ran successfully here.  This means that each bedroom has its own ensuite bathroom.  Wonderful luxury for the next owners!  A luxurious place to relax at the end of a long and satisfying day.  

The main floor also has a 2 piece bathroom, and a main floor laundry room.  You will note the great details in the oak woodworking throughout this home.  Fine quality trim has been crafted throughout the home matching wonderful oak doors, vanities, and cabinetry.

There’s lots to see in this house! The lower level features a recreation room with finely sculpted plaster ceilings and bright windows that bring in the sunshine making this level feel quite unlike a basement.  It has lots of storage space too!  Each of the two bedrooms are ample in size, and a 3 piece bathroom, plus the eat-in kitchen complete this second living area.  There is a separate entrance, allowing privacy when coming and going!

Both kitchens include appliances, and so does 2 bedroom apartment over the garage.  There are several potential income streams for this property, so please feel free to contact the listing agent for potential uses for this exceptional property.  Originally zoned agricultural, it is currently Residential zoning.

 

Financial Details

Price: $549,900
Min. Down Payment Required
Mortgage Insurance
Total Mortgage
Total Monthly Payments*
Combined Income Required**

5%
$27,495.00
$16,455.76
$538,860.76
$2,243.43
$84,128.60

10%
$54,990.00
$11,877.84
$506,787.84
$2,129.84
$79,868.99

20%
$109,980.00
$0.00
$439,920.00
$1,893.02
$70,988.28


New 5% Cash back towards closing cost option
Total Monthly Payments** 
Combined Income Required*** 

$  3,220.15
$ 120,755.58

Land Transfer Tax
Estimated Legal Fees
Total Estimated Closing Costs

$7,473.00
$800.00
$8,273.00

* Includes estimated taxes, maintenance fees & heat
** Subject to approved credit and income verification