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USD 11,983,654

228 QUEEN Street
Niagara-on-the-Lake, Ontario

Property Description

228 Queen Street is a landmark property & iconic residence situated in a most impressive location in Old Town Niagara on the Lake. Overlooking the golf course with views of the lake, spanning from Mississauga Road & the main entryway into the heritage commercial core of Queen Street all the way to Simcoe Street - providing almost 420 ft of frontage on beautiful Queen Street. Old Town NOTL welcomes over 3.5 million visitors each year, and local tourism is growing rapidly. There are two separately deeded yet attached properties at Queen & Simcoe which are all included as a packaged Estate. These properties all have obtained commercial zoning, allowing for boutique hotels. Current permitted use as a residence. This ensures superior future value and flexibility. Current approvals allow for a 24 room hotel, 6000 sq ft restaurants, and spas - plans are available that depict how the current residence would transition to accommodate in a straightforward manner. There is potential to increase the number of rooms significantly by developing the property further with appropriate setbacks. While currently laid out as a residence (10 bedrooms and 10 + baths) the home was reconstructed with future hotel plans and capacity in mind. The infrastructure implemented is extensive, from poured concrete and in-floor heat throughout all levels, indoor sprinkler systems, smart home systems, soundproofing within and from the exterior, 7 heating and cooling HRV systems providing the ability to independently heat and cool different rooms/zones within the building. The electrical system is operated by a Control 4 computerized smart home program and is fully automatic and programmable. This also allows for operating the electric drapes, lighting, heating and cooling systems as well as speakers throughout the house for sound & intercom. This estate is the crown jewel of Old Town, with a location that simply cannot be beaten and must be seen to be appreciated. Please see res listing. (id:885)

Courtesy of MCGARR REALTY CORP, BROKERAGE

Property Details

ID #
40193561
Status
Sale
Type
Other
Postal Code
L0S1J0
Building Structure
Stucco
Access Type
Road access
Acreage
Yes
Appliances
Central Vacuum - Roughed In, Water meter
Basement
Full (Partially finished), Partially finished
Construction Style Attachment
Detached
Cooling Type
Central air conditioning
Exterior
Stone
Fencing
Fenced yard
Flooring Type
Hardwood, Stone
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Life Style
Golf
Ownership Type
Freehold
Sewer
Sanitary sewer
Size Depth
256 ft
Size Frontage
418 ft
Special Program
Smart Home
Utility
Electricity
Utility Water
Municipal water
Zoning Description
Commercial
Amenities
Airport, Beach, Golf Nearby, Park, Place of Worship, Shopping
Area Amenities
Airport, Beach, Golf Nearby, Marina, Park, Place of Worship, Shopping
Heating Type
Forced air, Hot water radiator heat, In Floor Heating, Radiant heat

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