PRICE DROP!

Wholesale Price

$325,000

$299,999

STEPS TO LONG BEACH!! DEEDED ACCESS!

Or Best Offer

Assignment Fee Included

Lakeshore Road

Wainfleet, ON

ARV

$500,000

Closing Date

April 28, 2025

Off-Market Opportunity in Wainfleet, Ontario – Detached House!

Cheapest Home in Wainfleet

This property offers an incredible opportunity for investors, renovators, or end users looking to create their dream space near the water. Situated on a generous lot with deeded access to the beach, the home features a massive loft-style upper level with excellent potential to expand the living area or redesign into additional bedrooms, a studio space, or a primary retreat.

The property requires a full cosmetic renovation and currently has a strong odor of human urine throughout the home. With the right vision and improvements, this property could be transformed into a fantastic home, vacation getaway, or investment opportunity in a desirable lakeside setting.


🔹 Steps to the beach

🔹 Nearby winery and groceries stores

🔹 Surrounded by farmland and nature

🔹 Family oriented neighbourhood

📍 Why Wainfleet?

Wainfleet offers buyers a rare opportunity to own property in a quiet lakeside community along Lake Erie, where larger lots and waterfront access are still relatively attainable compared to nearby markets. The area attracts seasonal visitors, cottagers, and buyers looking to escape bigger cities while still being within driving distance of Niagara Falls and Hamilton. With increasing interest in lifestyle properties and renovation projects, Wainfleet presents strong upside potential for investors willing to add value.

•10 minutes to Port Colborne

•30 minutes to Niagara Falls

•5 minutes to Lowbanks

  • Property Type: Detached 1 1/4 Storey House

  • Bedrooms: 2 Bedrooms

    • 1 huge bedroom upstairs (could be converted into a smaller bedroom and extra living space)

    • 1 bedroom on the main floor

  • Bathrooms: 1 bathroom

  • Location: Lakeshore Road, Wainfleet

  • Additional features:

    • Crawl Space

    • Built in 1930

    • Roof 2019

    • Windows vinyl, age unknown, in good condition

    • ~1000 sqft above grade

    • Fridge, washer, dryer included in as-is condition

      • washer and dryer are broken, budget for new appliances

    • Electric heating

    • HWT is a rental, 2025

    • No A/C

    • Deeded water access

    • 3 car parking

    • Electrical Panel, Copper wiring

    • Lot size 40ft x 100ft

    • Property Taxes are $2208

    • Zoning R1

  • Investor's Delight: This discounted property is a hidden gem, perfect for savvy investors looking to maximize returns with a cosmetic renovation

  • Seller has the option to leave junk behind

Email or Call for more information.

Act quickly – properties like this don't stay on the market for long.

Comparable Analysis

This property sold for $725,000 in April 2025. It is located a 2 minute walk from the subject property. The property is larger in size and does sit right on the beach, however, while it does present itself better than the subject property it is still dated throughout. After making appropriate adjustments, and a full cosmetic renovation we estimate the subject property would sell for at least $500,000 on the MLS.

This property sold for $950,000 in September 2025. It is located a 5 minute walk from the subject property. The property is larger in size and does sit on a much bigger lot size. The comparable has a full basement and while it presents better than the subject property it is still dated throughout. After making appropriate adjustments, and a full cosmetic renovation we estimate the subject property would sell for at least $500,000 on the MLS.

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