59 SHAKESPEARE Avenue
Niagara-on-the-Lake, Ontario
MLS® 40868104
$1,199,000
- Status
- Active
- Property type
- House
- MLS® number
- 40868104
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1940
1 / 40Listing description
Proven Airbnb Investment in Old Town Niagara-on-the-Lake Currently licensed and operating Airbnb, professionally managed. This 4-bedroom, 2-bath home with a private inground pool generates strong six-figure annual revenue, with three years of operating statements available to qualified buyers. Consistent occupancy, stable revenue and controlled costs make it a strong fit for retirement or investment income.
Furniture, decor and artwork are negotiable, so the home can be purchased ready to operate. Located in a premium tourist market, the property outperforms local averages thanks to its central location, stylish boho-chic design and private inground pool, which drive premium rates and 5-star reviews. Properties like this are a rare find.
Major Systems: Roof (2014), furnace and components (2019/2023), electrical (2000), plumbing (2008), sump pump with battery backup (2023), new sewer line (2023), whole-home dehumidifier (2024). Exterior and Backyard: Full landscaping revamp (front, back and side), new gravel seating and dining areas, outdoor lighting, BBQ (2025), pool cover (2025), security cameras (2022). Two large trees professionally removed (2026).
Interior: Top-to-bottom repaint. Kitchen renovation: new range, sink and dishwasher (2025); new countertops, backsplash and repainted cabinet fronts (2026). New deck and exterior door off bedroom (2026).
Second-floor bathroom vanity (2026). Front hallway tiled (2026). New window (2026).
Refinished dining room hardwood (2026). Modernized design throughout. Pool: Chlorine system, professionally managed.
An established, income-producing asset with solid cap rates and a proven operating history. Contact for details. HST, if applicable, is in addition to the purchase price, Please have your clients consult a tax professional regarding HST
Property summary
- MLS® number
- 40868104
- Property type
- Single Family
- Building type
- House
- Square footage
- 2,100 sq ft
- Title
- Freehold
- Built in
- 1940
- Annual property taxes
- $4,534.10
- Parking
- 4 spaces
- Days on market
- 9 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Unfinished, Partial
- Appliances
- Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave, Hood Fan
- Exterior features
- Vinyl siding
- Lot features
- Conservation/green belt, Crushed stone driveway, Sump Pump, Private Yard
- Community features
- Quiet Area
- View
- No Water View
- Pool
- Inground pool
- Architectural style
- Other
What would this home cost you?
Based on the $1,199,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of eXp Realty, Hamilton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.