$1,199,000 Sale

Listed 16 days ago

59 Shakespeare Avenue

MLS® 40869054 Hotel/Motel

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Beds · 0

Baths · 0

Parking · 4

Sqft · 2100

Est. mortgage

$4,549/mo

Property Taxes

$4,534.10/yr

Key Facts

Key facts for 59 Shakespeare Avenue

Property Type

Other

Parking

0 garage, 4 parking

MLS #

40869054

Size

2100 sqft

Basement

Partial

Listed on

2026-10-05

Lot size

Tax

$4,534.10 /yr

Days on Market

Year Built

1940

Maintenance Fee

Description

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., Directions:Lakeshore Road, left on Shakespeare, Exclusions:Negotiable: Furniture, Decor And Artwork

Full Property Details

Interior

Washrooms

Square Footage

2100 sqft

Basement

Partial

Kitchens

Fireplace

Washrooms

Square Footage

2100 sqft

Basement

Partial

Kitchens

Fireplace

Exterior

Depth

126.91

Acreage

< 0.5

Lot Dimensions

57.5 x 126.91

Waterfront

Lake

Parking Spaces

Total Parking Spaces

4.00

Garage Spaces

Zoning

Depth

126.91

Acreage

< 0.5

Lot Dimensions

57.5 x 126.91

Waterfront

Lake

Parking Spaces

Total Parking Spaces

4.00

Garage Spaces

Zoning

Building Description

Property Type

Building and Land

Home Type

Other

Subtype

Hotel/Motel

Year Built

1940

Exterior

Vinyl Siding

Sewers

Sewer (Municipal)

Water Supply

Municipal

StoriesTotal

New Construction

Foundation

Concrete Block

Construction Materials

Vinyl Siding

Common Interest

Freehold/None

Property Type

Building and Land

Home Type

Other

Subtype

Hotel/Motel

Year Built

1940

Exterior

Vinyl Siding

Sewers

Sewer (Municipal)

Water Supply

Municipal

StoriesTotal

New Construction

Foundation

Concrete Block

Construction Materials

Vinyl Siding

Common Interest

Freehold/None

Community

101 - Town

Community

101 - Town

Taxes & Fees

Taxes

$4,534.10 /yr

Taxes

$4,534.10 /yr

Other

Directions

Lakeshore Road, left on Shakespeare

Directions

Lakeshore Road, left on Shakespeare

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Sylvia Eckert

Email: [email protected] Cell: 2268082734