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$1,199,000

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59 Shakespeare Avenue

Niagara-on-the-Lake, Ontario L0S1J0

For sale· Added

2,100 sqft

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.

Location

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Property details

Listing

MLS® number
40869054
Added
Oct 7, 2026 ()
Updated
Oct 7, 2026 ()
Info refreshed

Overview

Property type
Hospitality
Building type
Recreational
Storeys
3
Ownership
Freehold
Year built
1,940

Inside

Fireplace
No
Features
Crushed stone driveway

Building

Basement
Partial
Exterior
Vinyl siding
Foundation
Block
Parking
4 spaces

Land

Frontage
58 ft
Zoning
R1

Services

Water
Municipal water
Sewer
Municipal sewage system
Utilities
Natural Gas, Electricity

Location

Community
Town
Directions
Lakeshore Road, left on Shakespeare

Running costs

Annual property tax
$4,534

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$1,199,000
59 Shakespeare Avenue
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