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Listed 1 month ago

290 Four Mile Creek Road

105 - St. Davids, Niagara-on-the-Lake

$1,350,000

Detached|2-Storey
3 | 2 | 5
About this home

A rare opportunity to own one of Niagara's most historically significant properties while benefiting from an established income-producing investment. Known as Clement House, this remarkable residence was built in 1786 by Joseph Clement and is the only non-stone home to have survived the burning of St. Davids in 1814.Meticulously restored with thousands invested in premium upgrades, this turnkey property seamlessly blends historic charm with modern comfort. Currently operating as a highly successful Airbnb, it boasts an exceptional 4.99-star guest rating and strong appeal to visitors seeking a unique Niagara wine country experience.An outstanding feature of this offering is the included additional parcel measuring approximately 53' x 193', directly attached to the property and backing onto the award-winning Ravine Winery vineyard. This rare bonus provides added privacy, breathtaking vineyard views, and long-term value potential.The beautifully landscaped grounds feature a spacious private patio overlooking the grapevines, natural gas BBQ, wood-burning firepit, two-person swing, and spectacular sunset views. Inside, the fully updated home offers premium finishes, a gourmet kitchen with gas stove and quality appliances, updated bathrooms, luxury accommodations, in-home laundry, high-speed internet, and CAT5 wiring.Ideally located on the Niagara Escarpment, just minutes from Niagara-on-the-Lake and Niagara Falls, and surrounded by wineries, golf courses, restaurants, walking and cycling trails, shopping, and everyday amenities.Whether you're seeking a proven short-term rental investment, a private wine country retreat, or a legacy property, Clement House presents a unique opportunity to own a piece of Niagara history with exceptional income potential in one of the region's most desirable destinations.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,303
Lot Size64 ft x 157 ft
mls© NumberX13770380
Listed ByRE/MAX ROUGE RIVER REALTY LTD.

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,910
Property tax
$275
Heat allowance
$150
Housing costs
$7,335 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $270,000
25-yr amortization

Income needed

$226,000

gross annual household income

Payment at 4%
$5,681 / mo
Cash down
$270,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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