2 Bed, 2 Bath Detached Home in Niagara-on-the-Lake
About 42 Loretta Drive
Welcome home to Virgil, a family community in the stunning area of Niagara On The Lake and Historic Old Town! Is this your time to get away from the hustle and bustle of big city living and move to what feels like a 365-day vacation spot! Virgil is an excellent place for young families, first time buyers, retirees and everyone in between! This detached all brick bungalow boasts 1,402 sq. ft. & offers complete living on the main floor! Open concept. Living room has floor to ceiling pillars, bay window and gas f/place.Dining room has double French doors leading to the kitchen/breakfast area with a walk out to out to a 6.30m x 3.81m (20.75 x 12.5 ft) deck with railings and a ramp. Crown moldings in lr/dr/hallways. Two bedrooms and a 5-pc washroom on the main floor (dbl sinks, soaker tub, XL shower).The 2nd bedroom can also be used as a office, den, tv room, media room, library, as you see fit. Brand new 8mm vinyl flooring in bedrooms, stairs and basement hallway. Main floor laundry with a laundry sink. Inside access to garage. Open staircase to the basement which has a large partially finished room, a 3-pc washroom and a utility/storage area. Professionally cleaned and immaculate! The front area boasts a front covered porch where you can while away the hours. Mature shade trees, beautiful landscaping, perennials, custom stone work, front sprinkler system. Double car garage w/side door to side yard. Double car driveway. Furnace, AC, Heat Pump, Sump Pump (all 2-3 yrs old). All appliances included + central vacuum, electronic garage door opener. Can you say abundance? Virgil is surrounded by agriculture with vast vineyards, fruit and vegetable orchards. Schools, shopping, arenas, wineries, craft breweries & eateries are plentiful. The Shaw Festival is here too! Walk to the park. Generally, temperatures can be warmer than the GTA. Spring arrives earlier too and it spells "abundance" for what lies around the corner! Come to life in Virgil! You're moving up in every way!
2 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $663 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 42 Loretta Dr
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Partially Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
42 Loretta Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
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
$3,581
/mo
based on the purchase price of $729,000
$145,800 cash
$583,200 financed
$491,207 total interest
Principal54%$583,200
Interest46%$491,207
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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Similar homes for sale nearby in Niagara-on-the-Lake
Other 2–4 bed homes for sale in Niagara-on-the-Lake around $729K.
Average days on market58Homes sold in about 58 days on average.
Sale-to-list ratio95.3%On average, homes sold below asking.
Active listings276Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 23 – Jul 22, 2026: prices up.
Based on 162 sales from Jul 22 – Oct 20, 2026 (78 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 42 Loretta Dr
How much is 42 Loretta Dr listed for?
42 Loretta Dr is listed at $729,000 (MLS® X13719108). Summitly updates the price as soon as the MLS® record changes.
Is $729,000 a good price for 42 Loretta Dr?
Summitly rates it Good Deal: the asking price is 3% to 10% 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 42 Loretta Dr changed?
Yes — it was first listed at $800,000 and is now $729,000, a drop of $71,000 (8.9%).
How many bedrooms and bathrooms does 42 Loretta Dr have?
42 Loretta Dr has 2 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Niagara-on-the-Lake.
How much would the monthly mortgage be on 42 Loretta Dr?
About $3,581 a month — principal and interest on $729,000 with 20% down ($145,800), 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 42 Loretta Dr compare with other homes in Niagara-on-the-Lake?
Its asking price of $729,000 is about 28% below the median sold price in Niagara-on-the-Lake over the last 90 days, $1,015,000, across 162 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 42 Loretta Dr been sold before?
Summitly has no earlier MLS® sale or lease of 42 Loretta Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 42 Loretta Dr?
42 Loretta Dr is in Niagara-on-the-Lake, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 42 Loretta Dr been on the market?
56 days — 42 Loretta Dr was listed on August 25, 2026.
What is the price per square foot of 42 Loretta Dr?
About $486 to $663 per square foot: the asking price of $729,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 42 Loretta Dr have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
Does 42 Loretta Dr have a basement, and is it finished?
The listing describes the basement as: Partially Finished.
