3 Bed, 2 Bath Detached Home in Niagara-on-the-Lake
About 478 Johnson Street
Opportunities like this are becoming rare in Old Town Niagara-on-the-Lake! Situated just steps from Lake Ontario and Ryerson Park, this exceptional property offers an 102.92 feet of frontage and 161 feet of depth, surrounded by mature trees, stunning estate-style homes, and some of the most desirable real estate in the region. The real story here is the LAND, the LOCATION, and the incredible POTENTIAL! Whether you've dreamed of transforming an existing home into a spectacular estate-style residence, building your ultimate custom dream home, or exploring the possibility of severing this oversized property into TWO exceptional building lots, each about 50 feet wide and 160 feet deep, the possibilities are exciting! Imagine creating two beautiful luxury homes on generously sized lots just steps from the shores of Lake Ontario! Alternatively, take advantage of the entire property to create a magnificent private estate in a neighbourhood where exceptional homes and oversized lots are increasingly difficult to find. Any severance or redevelopment would be subject to municipal approvals. The existing three-bedroom bungalow offers plenty of possibilities, featuring vaulted ceilings, an open-concept kitchen and family room with a floor-to-ceiling brick fireplace, bright solarium, finished lower-level living space, and detached double garage/workshop. Enjoy the home as it stands, undertake a substantial renovation, or start fresh with an entirely new vision! Located on a quiet, tree-lined street in the heart of Old Town, you're within walking distance of the lake, Ryerson Park, historic Queen Street, the Shaw Festival, and everything that makes Niagara-on-the-Lake one of Canada's most sought-after communities. OVER 100 Feet of frontage, over 160 feet of depth, and steps from the lake! Whether you're a builder, investor, or someone looking to create a remarkable forever home, this is an extraordinary opportunity to create something truly special in an exceptional location!
3 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $1,167 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 478 Johnson St
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1500-2000 sq ftas stated on the listing
Parking
12 spacesYes garage
Basement
Partially Finished, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
12
Interior
Basement
Partially Finished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
478 Johnson St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14081986$1,750,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 478 Johnson St 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 →
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
$8,597
/mo
based on the purchase price of $1,750,000
$350,000 cash
$1,400,000 financed
$1,179,167 total interest
Principal54%$1,400,000
Interest46%$1,179,167
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.
For homeowners nearby
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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.
Similar homes for sale nearby in Niagara-on-the-Lake
Other 3–4 bed homes for sale in Niagara-on-the-Lake around $1.8M.
Average days on market57Homes sold in about 57 days on average.
Sale-to-list ratio95.3%On average, homes sold below asking.
Active listings275Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 158 sales from Jul 17 – Oct 15, 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 478 Johnson St
How much is 478 Johnson St listed for?
478 Johnson St is listed at $1,750,000 (MLS® X14081986). Summitly updates the price as soon as the MLS® record changes.
Is $1,750,000 a good price for 478 Johnson 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 478 Johnson St changed?
No — 478 Johnson St is still listed at its original asking price of $1,750,000.
How many bedrooms and bathrooms does 478 Johnson St have?
478 Johnson St has 3 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Niagara-on-the-Lake.
How much would the monthly mortgage be on 478 Johnson St?
About $8,597 a month — principal and interest on $1,750,000 with 20% down ($350,000), 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 478 Johnson St compare with other homes in Niagara-on-the-Lake?
Its asking price of $1,750,000 is about 72% above the median sold price in Niagara-on-the-Lake over the last 90 days, $1,015,000, across 158 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 478 Johnson St been sold before?
Summitly has no earlier MLS® sale or lease of 478 Johnson St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 478 Johnson St?
478 Johnson St is in Niagara-on-the-Lake, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 478 Johnson St been on the market?
1 day — 478 Johnson St was listed on October 14, 2026.
What is the price per square foot of 478 Johnson St?
About $875 to $1,167 per square foot: the asking price of $1,750,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 478 Johnson St have parking or a garage?
Yes — the listing gives 12 parking spaces. Garage: Yes.
Does 478 Johnson St have a basement, and is it finished?
The listing describes the basement as: Partially Finished, Full.
