2 Prospect Lane is a 2-bedroom, 3-bathroom home in Niagara-on-the-Lake, listed for $799,000. It has 1400-1599 sq ft of living space.
1Luxury Private community next to Park, Super Quiet, Well maintained neighbourhood.
2Enjoy the house without worrying about lawn maintenance and snow removal!
3The open-concept living and dining areas, highlighted by vaulted ceilings and a cozy fireplace, create a bright and inviting atmosphere, while neutral finishes allow you to personalize with ease.
Luxury Private community next to Park, Super Quiet, Well maintained neighbourhood. Enjoy the house without worrying about lawn maintenance and snow removal! All Taken care of! This Home Comes with 1 Year Home Warranty Covers Appliances, Plumbing and Electrical. Discover the charm of wine country living at Prospect Lane in Niagara-on-the-Lake, where you can stroll to Ravine Winery for a weekend meal and return home to your executive bungalow town. This enclave offers the perfect way to right-size without compromise, featuring a spacious principal suite with walk in closet and ensuite bathroom, a versatile second bedroom on the main floor *New Fully finished lower level with Two additional bedrooms, bathroom and Kitchenette, Bar, ideal for Relaxing, Entertaining or guests seeking privacy. The open-concept living and dining areas, highlighted by vaulted ceilings and a cozy fireplace, create a bright and inviting atmosphere, while neutral finishes allow you to personalize with ease. With main-floor laundry, a second full bath, and convenient inside garage entry, this home blends comfort, functionality, and the lifestyle of Niagara's celebrated wine region. Don't Miss it! * This Home comes with 1 Year Home Warranty on Plumbing, Electrical and Appliances!
2 bedrooms, 3 bathrooms, about 1,400 sq ft, works out to roughly $571 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this home fits your budget and timing.
Inside 2 Prospect Lane
Every detail from the listing, in one place.
Style
Bungalow
Living space
1400-1599 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Other
2 Prospect Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14101564$799,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 2 Prospect Lane Compares to the Niagara-on-the-Lake Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,925
/mo
based on the purchase price of $799,000
$159,800 cash
$639,200 financed
$538,374 total interest
Principal54%$639,200
Interest46%$538,374
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 2 Prospect Lane
Homes for sale in Niagara-on-the-Lake
Every active Niagara-on-the-Lake MLS® listing, updated all day.
Average days on market57Homes sold in about 57 days on average.
Sale-to-list ratio95.3%On average, homes sold below asking.
Active listings277Homes for sale here right now.
Median vs prior 90 days+2.4%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 159 sales from Jul 23 – Oct 21, 2026 (80 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 2 Prospect Lane
How much is 2 Prospect Lane listed for?
2 Prospect Lane is listed at $799,000 (MLS® X14101564). Summitly updates the price as soon as the MLS® record changes.
Is $799,000 a good price for 2 Prospect Lane?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Niagara-on-the-Lake. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 2 Prospect Lane changed?
No — 2 Prospect Lane is still listed at its original asking price of $799,000.
How many bedrooms and bathrooms does 2 Prospect Lane have?
2 Prospect Lane has 2 bedrooms and 3 bathrooms, with about 1,400–1,599 square feet of living space. It is a home in Niagara-on-the-Lake.
How much would the monthly mortgage be on 2 Prospect Lane?
About $3,925 a month — principal and interest on $799,000 with 20% down ($159,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 2 Prospect Lane compare with other homes in Niagara-on-the-Lake?
Its asking price of $799,000 is about 21% below the median sold price in Niagara-on-the-Lake over the last 90 days, $1,010,000, across 159 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 2 Prospect Lane been sold before?
Summitly has no earlier MLS® sale or lease of 2 Prospect Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is 2 Prospect Lane?
2 Prospect Lane is in Niagara-on-the-Lake, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 2 Prospect Lane been on the market?
1 day — 2 Prospect Lane was listed on October 20, 2026.
What is the price per square foot of 2 Prospect Lane?
About $500 to $571 per square foot: the asking price of $799,000 over the 1,400–1,599 sq ft the listing gives as its size range.
Does 2 Prospect Lane have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
Does 2 Prospect Lane have a basement, and is it finished?
