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For saleMLS® X12582964

2203 Niagara Stone Road, Niagara-on-the-Lake, ON L0S 1J0

Town · L0S 1J0

$2,750,000

$33 / sq ft

11 months on market

Interior
83,000 sf
Lot
350 × 337.5 ft

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About this property

Exciting SHOVEL READY development opportunity in the heart of Old Town Niagara-on-the-Lake! Located at 2203 Niagara Stone Road, this proposed site has potential for 9 executive townhomes, offering a rare chance in one of Canadas most prestigious and picturesque communities. Ideally situated along the main gateway to Old Town, future residents will enjoy being walk distance to boutique shops, fine dining, art galleries, and the renowned Shaw Festival Theatre. Just minutes from award-winning wineries, Niagara-on-the-Lake Golf Club, the scenic Lake Ontario waterfront, and beautiful parks, this location provides the perfect blend of luxury, culture, and convenience making it a lucrative builder opportunity. The site also offers easy access to major highways, making it a seamless commute to Niagara Falls, the QEW through to Toronto. With strong demand for upscale housing in this affluent area, this is an unparalleled investment opportunity in a thriving real estate market. Considerable site preparations have already been completed including but not limited to - removal of unstable material & site compaction, construction of dry lay stone retaining wall, transformer, light fixtures and street lampposts available, and grinder pumps for 6 units are available to the purchaser - a value add of approximately $725,000 has already been done for you by the developer! Plans are available for 6 townhomes - but the site is pending approval for up to 9. Don't miss out on this prime development site in one of the most desirable destinations in the country!

Property details

Property

Property type
vacant land
Interior size
83,000 sq ft
Lot size
350 × 337.5 ft
Zoning
R2
Possession
flexible

Exterior & services

Sewer
Sanitary+Storm Available

Costs

List price
$2,750,000
Property taxes
$1,842 / year (2025)
Price per sq ft
$33

Listing

MLS® number
X12582964
Status
For sale
Listed
November 27, 2025
Days on market
342
Last updated
March 17, 2026
Listing brokerage
REVEL Realty Inc., Brokerage

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 78% of comparable vacant land listings in Town are asking less.

$839KMedian $1.20M$4.12M

Based on 9 comparable active vacant land listings in Town. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $550,000
$550,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$12,164.18
Property tax (est.)
$153.54
Estimated monthly
$12,318

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$55,225
Total due on closing
$55,225

An estimate on the asking price of $2,750,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of REVEL Realty Inc., Brokerage. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,750,000

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