A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 59 Shakespeare Ave, Niagara-on-the-Lake Ontario L0S 1J0
4 days on Market

59 Shakespeare Ave, Niagara-on-the-Lake, Ontario L0S 1J0

Other
-
-
~2100 sqft
$1,199,000
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Other
-
-
~2100 sqft

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Highlights

Property Estimate

Days on market4 days

Estimated valueNot available

Price/Sqft$570/sqft

Monthly cost

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Description

Established hospitality income property in one of Ontario's top tourism markets, offered with three years of operating statements. Currently operating as a licensed Short Term Rental - Airbnb. Turnkey short-term rental with three full years of documented operating history in Old Town Niagara-on-the-Lake. This licensed, professionally managed 4-bedroom, 2-bath home with a private inground pool has produced six-figure gross revenue every year since 2023, with steady occupancy and tightly controlled operating costs. Year-end P&L statements for 2023 to 2025 are available to qualified buyers through their Realtor. * Why it performs: a central location minutes from Old Town's shops, theatres, lakefront, marina and golf; a private pool that commands premium summer rates; and a design-forward interior that earns consistent 5-star reviews. Furniture, decor and artwork are negotiable, so a buyer can keep bookings running from day one. * Most of the capital work is already done: furnace and components (2019/2023), sump pump with battery backup (2023), new sewer line (2023), whole-home dehumidifier (2024), new range, sink, dishwasher, BBQ and pool cover (2025), and in 2026 new countertops, backsplash, deck, exterior door, vanity, window, tiled foyer, refinished hardwood, full landscaping and two large trees removed. Roof 2014. * Flexible strategy: continue as a short-term rental, shift to mid-term furnished stays, or hold as a personal residence with income potential. * Please note: the STR licence does not transfer. Buyers may apply to the Town of Niagara-on-the-Lake once the deal is firm. HST may apply to this sale; buyers should consult a tax professional. Owner is flexible on closing.


Property Details

StyleCommercial Sale
View-
Age of property1940
SqFt~2100 SqFt
Lot Size7,297 SqFt(126.91 x 57.5)
Parking Spaces4
MLS ®Number40869054
Community NameOld Town
Data SourceITSO
Listing byeXp Realty

Features

Basement: Partial

Features

Lot size: 7,297 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by eXp Realty, Brokerage
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Market Data - Old Town

Geo Zone Map ThumbnailOld Town

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

46 days

Compared to

2025

54 days

2024

44 days

2023

66 days

New Listings

Past 30 days

47 listings

Compared to

2025

35 listings

2024

40 listings

2023

47 listings

Units sold

Past 30 days

10 units

Compared to

2025

14 units

2024

14 units

2023

7 units

Median Sold Price

Past 30 days

$1,113,500

Compared to

2025

$1,061,500

2024

$1,045,000

2023

$998,000


Population and Demographics

Overview

Total population 5614
Average household income $157,424

Age (%)

0 to 19
9%
20 to 34
8%
35 to 49
9%
50 to 64
24%
65 and plus
50%

Household composition (%)

Single family
71%
Single person
27%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
87%
Others
4%
German
4%
French
2%
Italian
2%
Polish
1%

House tenancy (%)

Owners
85%
Renters
15%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget