59 Shakespeare Avenue, Niagara-on-the-Lake, Ontario

$1,199,000

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2,100

Square feet

About 59 Shakespeare Avenue

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. (id:6289)

More Info on this 101 - Town Recreational MLS® listing

59 Shakespeare Avenue is a recreational listing for sale in Niagara-on-the-Lake. The MLS® number is 40869054. It was built in 1940 and covers 2,100 square feet. It's currently listed for $1,199,000. For more details on MLS® 40869054, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This recreational listing in 101 - Town is available now!

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Features of 59 Shakespeare Avenue

Listing # 40869054
Price $1,199,000
Square Footage 2,100
Year Built 1940
Type Hospitality
Sub-Type Recreational

Community Information

Address 59 Shakespeare Avenue
Subdivision 101 - Town
City Niagara-on-the-Lake
Province Ontario
Postal Code L0S1J0

Amenities

Utilities Natural Gas, Electricity
Features Crushed stone driveway
Parking Spaces 4
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 3
Has Basement No
Basement Partial

Exterior

Exterior Vinyl siding
Foundation Block

Additional Information

Zoning R1

Listing Details

OfficeeXp Realty

Listing Map

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