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!