425 Gate St is a land in Niagara-on-the-Lake, listed for $895,000. It has 700-1100 sq ft of living space.
1Fully serviced lot in the heart of Niagara on the Lake.
2This is a great opportunity to own a 54-foot-wide by 251-foot-deep property in a prime location.
3Renovate the existing structure or construct a new home on this large lot, the depth of this lot provides a myriad of construction and design possibilities.
Fully serviced lot in the heart of Niagara on the Lake. This is a great opportunity to own a 54-foot-wide by 251-foot-deep property in a prime location. Renovate the existing structure or construct a new home on this large lot, the depth of this lot provides a myriad of construction and design possibilities. Enjoy living walking distance to Niagara-on- the-Lake's famous Queen Street shopping, dining, and theatres as well as numerous beautiful parks, golfing, and the waterfront.
works out to roughly $1,279 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside 425 Gate St
Every detail from the listing, in one place.
Type
Land
Living space
700-1100 sq ftas stated on the listing
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
425 Gate St 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 →
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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
$4,397
/mo
based on the purchase price of $895,000
$179,000 cash
$716,000 financed
$603,060 total interest
Principal54%$716,000
Interest46%$603,060
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 homes for sale in Niagara-on-the-Lake around $895K.
Average days on market57Homes sold in about 57 days on average.
Sale-to-list ratio95.3%On average, homes sold below asking.
Active listings274Homes for sale here right now.
Median vs prior 90 days+2.4%Compared with Apr 17 – Jul 16, 2026: prices up.
Based on 159 sales from Jul 16 – Oct 14, 2026 (76 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 425 Gate St
How much is 425 Gate St listed for?
425 Gate St is listed at $895,000 (MLS® X12932316). Summitly updates the price as soon as the MLS® record changes.
Is $895,000 a good price for 425 Gate St?
Summitly rates it Well Above Market: the asking price is 15% or more above 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 425 Gate St changed?
Yes — it was first listed at $998,000 and is now $895,000, a drop of $103,000 (10.3%).
How many bedrooms and bathrooms does 425 Gate St have?
425 Gate St has about 700–1,100 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in Niagara-on-the-Lake.
How much would the monthly mortgage be on 425 Gate St?
About $4,397 a month — principal and interest on $895,000 with 20% down ($179,000), 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 425 Gate St compare with other homes in Niagara-on-the-Lake?
Its asking price of $895,000 is about 11% 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 425 Gate St been sold before?
Summitly has no earlier MLS® sale or lease of 425 Gate St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 425 Gate St?
425 Gate St is in Niagara-on-the-Lake, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 425 Gate St been on the market?
200 days — 425 Gate St was listed on March 28, 2026.
What is the price per square foot of 425 Gate St?
About $814 to $1,279 per square foot: the asking price of $895,000 over the 700–1,100 sq ft the listing gives as its size range.
What is the lot size of 425 Gate St?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 425 Gate St?
About $14,375 in Ontario land transfer tax at the asking price of $895,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
