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For saleMLS® X13816170

8 Elden Street, Niagara-on-the-Lake, ON L0S 1J0

Virgil · L0S 1J0

$4,199,000

$83 / sq ft

1 months on market

Interior
50,704 sf
Lot
194.43 × 303.54 ft

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About this property

Prime mixed residential development opportunity in Virgil, Niagara-on-the-Lake. Site plan approved and ready-to-build, the development includes a 4-storey, 24-unit condo building and 8 bungalow townhomes on a prominent corner parcel surrounded by established residential housing and commercial amenities.The building is designed with twenty-four 2-bedroom units, elevator access, barrier-free suites, dedicated parking, bike storage, and landscaped common areas. The bungalow townhomes are designed for single-level living with garages and private entrances.The site layout preserves the existing church structure while positioning the apartment building and bungalow towns facing one another across a central landscaped parking and access court.Located minutes from Old Town Niagara-on-the-Lake, wineries, schools, shopping, and major commuter routes, the property offers a well-positioned infill development opportunity in one of Niagara's most established and desirable communities. Architectural plans and supporting development information available.

Property details

Property

Property type
vacant land
Interior size
50,704 sq ft
Lot size
194.43 × 303.54 ft
Zoning
RM1
Possession
Flexible

Exterior & services

Sewer
Sanitary+Storm Available

Costs

List price
$4,199,000
Property taxes
$4,790 / year (2026)
Price per sq ft
$83

Listing

MLS® number
X13816170
Status
For sale
Listed
September 22, 2026
Days on market
43
Last updated
September 22, 2026
Listing brokerage
REVEL Realty Inc., Brokerage

Price & sale history

This property's sale history is hidden

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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 89% of comparable vacant land listings in Virgil are asking less.

$598KMedian $1.49M$3.36M
This home
$83 / sq ft
Comparable median
$73 / sq ft

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

Mortgage estimate

Down payment20.0% · minimum $839,800
$839,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$18,573.59
Property tax (est.)
$399.19
Estimated monthly
$18,973

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
$91,450
Total due on closing
$91,450

An estimate on the asking price of $4,199,000. 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.

$4,199,000

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Comparable sales nearby

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