3 Bed, 3 Bath Detached Home in Niagara-on-the-Lake
About 518 Gate Street
It's been years since one of these hidden gem homes has been available on the market! Tucked away on one of the quietest and most charming stretches of the street, surrounded by prestigious homes, this exceptional custom-built bungaloft offers approximately 2,300 square feet of beautifully finished living space in a truly remarkable setting. Combining quality craftsmanship, timeless elegance, and an unbeatable location, this is a rare opportunity in the heart of Niagara-on-the-Lake!From the moment you arrive, the incredibly landscaped front and rear grounds create a lasting impression, offering exceptional curb appeal, privacy, and beautiful outdoor spaces. Inside, soaring vaulted ceilings, expansive windows, rich hardwood flooring, elegant mouldings, and a welcoming gas fireplace showcase the quality throughout this meticulously maintained home.The stunning kitchen features quartz countertops, a generous centre island, and quality finishes, flowing seamlessly into the bright, open-concept living and dining areas, ideal for everyday living and entertaining. Step outside to the beautifully landscaped, fully fenced backyard and inviting patio spaces.The main-floor primary suite offers a spacious walk-in closet and spa-inspired ensuite, while an additional bedroom, three-piece bathroom, and convenient main-floor laundry provide exceptional functionality. Upstairs, the versatile loft offers a wonderful retreat for family and guests, complete with a den, additional bedroom, and full four-piece bathroom.Additional highlights include an attached garage with newly added storage, replacement of the rear portion of the roof, and an expansive, completely untouched basement ready to customize to your needs.Perhaps most appealing is the location! Enjoy the tranquility of this hidden gem while being just a short stroll to restaurants, boutique shops, theatres, library, community centre, and everyday NOTL luxury & conveniences. Don't miss this opportunity!
3 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $698 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 518 Gate St
Every detail from the listing, in one place.
Type
Detached
Style
Bungaloft
Living space
2000-2500 sq ftas stated on the listing
Lot size
50.00 x 100.07
Parking
3 spacesYes garage
Basement
Unfinished, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Unfinished · Full
Lot & land
Lot dimensions
50.00 x 100.07
Lot size (sqft)
0
Listing & possession
Property style
Bungaloft
Property class
Detached
518 Gate 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® X14145364$1,395,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 518 Gate 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
$6,853
/mo
based on the purchase price of $1,395,000
$279,000 cash
$1,116,000 financed
$939,965 total interest
Principal54%$1,116,000
Interest46%$939,965
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 2–5 bed homes for sale in Niagara-on-the-Lake around $1.4M.
Average days on market61Homes sold in about 61 days on average.
Sale-to-list ratio94.9%On average, homes sold below asking.
Active listings261Homes for sale here right now.
Median vs prior 90 days−4.6%Compared with May 7 – Aug 5, 2026: prices down.
Based on 145 sales from Aug 5 – Nov 3, 2026 (94 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 518 Gate St
How much is 518 Gate St listed for?
518 Gate St is listed at $1,395,000 (MLS® X14145364). Summitly updates the price as soon as the MLS® record changes.
Is $1,395,000 a good price for 518 Gate St?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% 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 518 Gate St changed?
No — 518 Gate St is still listed at its original asking price of $1,395,000.
How many bedrooms and bathrooms does 518 Gate St have?
518 Gate St has 3 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Niagara-on-the-Lake.
How much would the monthly mortgage be on 518 Gate St?
About $6,853 a month — principal and interest on $1,395,000 with 20% down ($279,000), 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 518 Gate St compare with other homes in Niagara-on-the-Lake?
Its asking price of $1,395,000 is about 43% above the median sold price in Niagara-on-the-Lake over the last 90 days, $975,000, across 145 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 518 Gate St been sold before?
Summitly has no earlier MLS® sale or lease of 518 Gate St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 518 Gate St?
518 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 518 Gate St been on the market?
518 Gate St was listed today (November 3, 2026).
What is the price per square foot of 518 Gate St?
About $558 to $698 per square foot: the asking price of $1,395,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 518 Gate St have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 518 Gate St have a basement, and is it finished?
The listing describes the basement as: Unfinished, Full.
