307 Mississagua Street
307 Mississagua Street
$1,649,999
60 days on market
About This Listing
Main floor living with a spacious primary bedroom with ensuite, a second full bathroom with a deep soaker tub, laundry, and a large family room that also offers space for a home office or hobby area, as well as a kitchenette and French doors out to patio and gardens. The chefs kitchen is outfitted with a professional gas stove, abundant prep surfaces, and generous storage. Meals can be served in the formal dining room or enjoyed casually at the large island with breakfast bar. The Schoolmasters House is a beautifully preserved c.1818 residence that blends historic charm with modern comfort in the heart of Old Town Niagara-on-the-Lake. Set on a generous 144 x 104 ft corner lot with landscaped gardens and a tranquil fish pond, the property feels like a quiet retreat with a fully fenced backyard. Corner lot provides lots of room to add two-car garage. The second floor provides additional living space with three (3) additional bedrooms, including two with ensuite bathrooms, one with an exterior entrance and private stairs, as well as another full bath, and a cozy sitting area. There is also a large second-level attic space for storage. This former Bed and Breakfast is ideal for extended families, home office, or rental use. Several bedrooms feature private entrances, making them perfect for guests or short-term stays. Original wide-plank wood floors run throughout this home (carpet-free) while four (4) wood-burning fireplaces and a gas fireplace add warmth and character to every space. This multi-generational, multi-family home offers exceptional flexibility and income potential. The home also includes two (2) powered workshops, a garden shed, and a garbage shed. This is a rare opportunity to own a piece of Niagara-on-the-Lake's history with timeless character and modern convenience just steps from the shops, dining, and charm of Old Town. Only two (2) blocks to Queen Street.
| Monthly Mortgage (P&I) | $7,189 |
| Property Tax (MLS) | $1,062 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $8,251 |
Down payment: $330,000 (20.0%) · Mortgage: $1,319,999
Property tax uses MLS annual tax of $12,745/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by ROYAL LEPAGE NRC REALTY
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Data last updated: August 22, 2026 at 10:26 p.m.