59 SHAKESPEARE Avenue, Niagara-on-the-Lake59 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 259 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 359 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 459 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 559 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 659 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 759 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 859 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 959 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 1059 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 1159 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 1259 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 1359 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 1459 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 1559 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 1659 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 1759 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 1859 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 1959 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 2059 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 2159 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 2259 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 2359 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 2459 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 2559 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 2659 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 2759 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 2859 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 2959 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 3059 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 3159 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 3259 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 3359 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 3459 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 3559 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 3659 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 3759 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 3859 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 3959 SHAKESPEARE Avenue, Niagara-on-the-Lake — photo 40
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For Sale · Hospitality

59 SHAKESPEARE Avenue, Niagara-on-the-Lake

59 SHAKESPEARE Avenue, Niagara-on-the-Lake, ON L0S1J0

$1.2M total

2,100 SF

Asset Class

Hospitality

Size

2,100 SF

Building class

B

Zoning

CB2 — Central Business

$ / SF

$571

Occupancy

95%

Year Built

1940

About this property

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:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.20M
Down payment30% · $360K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$95K

Annual cash flow

$28K

Cash-on-cash

7.85%

DSCR

1.43

Going-in cap

7.90%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Prairie Coffee Roasters1,385 SF2031-12
Prairie Coffee Roasters424 SF2031-12
Prairie Coffee Roasters400 SF2031-12

Area demographics

Trade area within 3 miles of the property.

Population

126,594

Households

52,291

Median income

$89,500

Median age

45.3

Daytime population

167,194

5-yr growth

2.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 59 SHAKESPEARE Avenue, Niagara-on-the-Lake.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.