Town · L0S 1J0
$1,649,999
$550 / sq ft3 months on market
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Main floor living with a spacious primary bedroom with ensuite, a second full bathroom with a deep soaker tub, laundry, and a large family room that also offers space for a home office or hobby area, as well as a kitchenette and French doors out to patio and gardens. The chefs kitchen is outfitted with a professional gas stove, abundant prep surfaces, and generous storage. Meals can be served in the formal dining room or enjoyed casually at the large island with breakfast bar. The Schoolmasters House is a beautifully preserved c.1818 residence that blends historic charm with modern comfort in the heart of Old Town Niagara-on-the-Lake. Set on a generous 144 x 104 ft corner lot with landscaped gardens and a tranquil fish pond, the property feels like a quiet retreat with a fully fenced backyard. Corner lot provides lots of room to add two-car garage. The second floor provides additional living space with three (3) additional bedrooms, including two with ensuite bathrooms, one with an exterior entrance and private stairs, as well as another full bath, and a cozy sitting area. There is also a large second-level attic space for storage. This former Bed and Breakfast is ideal for extended families, home office, or rental use. Several bedrooms feature private entrances, making them perfect for guests or short-term stays. Original wide-plank wood floors run throughout this home (carpet-free) while four (4) wood-burning fireplaces and a gas fireplace add warmth and character to every space. This multi-generational, multi-family home offers exceptional flexibility and income potential. The home also includes two (2) powered workshops, a garden shed, and a garbage shed. This is a rare opportunity to own a piece of Niagara-on-the-Lake's history with timeless character and modern convenience just steps from the shops, dining, and charm of Old Town. Only two (2) blocks to Queen Street.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 63% of comparable detached listings in Town are asking less.
Based on 32 comparable active detached listings in Town. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,649,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE NRC REALTY. 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.
Listing courtesy of ROYAL LEPAGE NRC REALTY
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