59 Shakespeare AVE Niagara-on-the-lake, ON L0S 1J0
4 Beds
2 Baths
2,100 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $571
MLS Listing ID 40808247
Style Backsplit
Bedrooms 4
Full Baths 2
Abv Grd Liv Area 2,100
Year Built 1940
Annual Tax Amount $4,534
Property Sub-Type Single Family Residence
Source Cornerstone
Property Description
Profitable, professionally managed, and immediately revenue-ready: This 4-bed, pool-equipped gem has delivered consistent short-term rental income with minimal owner involvement.
Approaching $200K gross revenue in 2025, consistent occupancy, consistent steady upward trend in revenue and ADR with direct booking upside, controlled costs, and turn-key readiness for cash-flowing retirement/investment use.
Located in a premium tourist market, this property outperforms market medians thanks to central location, stylish boho-chic design, and private in-ground pool driving premium rates and 5-star reviews.
Slide deck validation available, contact for details, calendars, and comps. Properties like this are a rare find.
Key Recent Upgrades & Low-Maintenance Features (Turn-Key Ready)
Major Systems: Roof (2014), furnace/components (2019/2023), electrical (2000), plumbing (2008), sump pump + battery backup (2023), new sewage line (2023), whole-home dehumidifier (2024).
Exterior/Backyard: Full landscaping revamp (front + back/side), new gravel seating/dining areas, outdoor lighting, BBQ (2025), pool cover (2025), security cameras (2022). Pool: Saltwater system (professionally managed)
Interior: Top-to-bottom repaint, kitchen renovation (new range, stove, sink, dishwasher 2025), refinished hardwood, modernized design, all-new furnishings/décor/artwork.
This is a plug-and-play profitable asset: Solid Cap Rates and Proven cash flow from day one, strong appreciation potential in one of Ontario's most desirable wine-country/tourist enclaves (walk to Queen Street, Shaw Theatre, wineries, Lake Ontario; 20 min to Falls, 90 min to Toronto). Perfect for Toronto retirees or U.S. snowbirds, enjoy peak seasons personally, then let it generate income during off-periods or travel. High guest appeal, and direct booking upside make it a resilient, high-yield retirement investment. (HST will apply)
Location
Province ON
County Niagara
Area Niagara-On-The-Lake
Zoning R1
Direction Lakeshore Road, left on Shakespeare
Rooms
Other Rooms Shed(s)
Basement Partial, Unfinished, Sump Pump
Kitchen 1
Interior
Interior Features Other
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplaces Number 1
Fireplaces Type Electric, Living Room
Fireplace Yes
Appliance Instant Hot Water, Built-in Microwave, Dishwasher, Dryer, Gas Stove, Washer
Laundry In Basement
Exterior
Exterior Feature Landscaped, Privacy
Parking Features Gravel
Pool In Ground
Utilities Available Electricity Connected, Natural Gas Connected
Waterfront Description Access to Water,Lake/Pond
View Y/N true
View Park/Greenbelt, Trees/Woods
Roof Type Asphalt Shing
Porch Deck, Patio
Lot Frontage 57.5
Lot Depth 126.91
Garage No
Building
Lot Description Urban, Irregular Lot, Airport, Arts Centre, Beach, City Lot, Near Golf Course, Greenbelt, Highway Access, Major Highway, Marina, Park, Place of Worship, Public Parking, Quiet Area, Schools
Faces Lakeshore Road, left on Shakespeare
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Architectural Style Backsplit
Structure Type Vinyl Siding
New Construction No
Others
Senior Community false
Tax ID 463940050
Ownership Freehold/None
Virtual Tour https://youtu.be/DWPaw7yJps8?si=L38gy2AyjeHez6oD
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