1397 YORK Road 1, Niagara-on-the-Lake

$1,249,000
1397 YORK Road 1

$1,249,000

New
17d
Condo Townhouse3-Storey

1397 YORK Road 1, Niagara-on-the-Lake

Total Monthly Obligation $6,365

Beds
2
Baths
3
Park
2
Sqft
2000-2249
DOM
17d
Score
16
Yield
4.2%
Cash on Cash
-7.7%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.9%
Property Type-Condo Townhouse
MLS® Number-X13869268
Beds-2
Bathrooms-3
Size-2000-2249 sqft
Listed on site-Oct 6, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-0-5
Taxes-$7,467.71 (2026)
Maintenance-$504.53/mo
Locker-None
Parking-2 - Underground
Basement-Walk-Out, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-Yes
Fireplace-Other, Natural Gas
Pool-None
Exterior-Other, Brick
Roof-Membrane, Flat
Foundation-Poured Concrete
Possession-FLEX
Neighbourhood-105 - St. Davids
Title-Residential Condo & Other

No agent assigned

Welcome to the crown jewel of Vineyard Square. Unit 1 at 1397 York Road is a premier corner residence in historic St. Davids, offering over $200,000 in professional upgrades and refined living in the heart of Niagara wine country. This beautifully appointed end-unit townhome features an expanded footprint and extra windows that fill the open-concept interior with natural light. A private residential elevator connects all four fully finished levels, while glass railings, 7-inch engineered hardwood, 50 pot lights, custom lighting and automated solar-powered window shades create a sophisticated setting. The custom Enns Cabinetry kitchen impresses with extended pantry cabinetry, a quartz waterfall island and matching backsplash, under-cabinet LED lighting and a bronze/gold faucet. High-end appliances include an induction cooktop, speed oven, stacked oven and built-in refrigerator. Three gas fireplaces with large-format tiled feature walls bring warmth to the main living area, primary bedroom and guest bedroom. The primary retreat features custom built-in closets and shelving, a designer feature wall and a spa-inspired ensuite with double sinks, a deep soaker tub and a glass-enclosed rainfall shower. The guest bedroom also offers custom built-ins and its own fireplace. Large-format tile finishes elevate the bathrooms throughout.Thoughtful conveniences include a Carrier SmartHome thermostat, integrated alarm system, battery sump pump backup and maintenance-free artificial turf. A private two-car garage with double-entry access and internal complex access completes this exceptional home. Enjoy an elevated lifestyle just steps from Ravine Vineyard, local boutiques and fine dining. With its signature corner position, extensive upgrades and four levels of finished living space, this turnkey residence offers a distinctive opportunity in one of St. Davids' exclusive luxury enclaves.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$999,200
Land Transfer Taxes$21,455
Legal Fees (Est.)
$
Total cash required for closing$272,755

Total Monthly Obligation

$6,365/mo
Mortgage $5,038
Monthly Loss $5,039
Principal$1,326
Interest$3,712
Property Tax$622
Condo Fees$505
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.1%19
10-Year IRR
8.3%
Returns Index
10.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$52,368/yr
NOI
$31,209/yr
Net Cash Flow
-$2,437/mo
Cash Margin
-55.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
15.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1397 YORK Road 1

Time

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Data last updated within the past 24 hours.