This is a 3 bedroom, 5 bathroom house with 2 double car garages on a 106.14 x 230.08 waterfront lot at 277 Ricardo Street in Niagara-on-the-Lake.

it is located at the mouth of the river so it is level with the water unlike the house at 14833 Niagara River Parkway...

Which means there is a dock an the possibility of having a boat...

The house at 14833 Niagara River Parkway I guessed was built in the 80s.   This house seems to be old as the listing says that the floors are the original wide plank pine floors and the house itself looks older.  But the front seems to have been changed from what it probably was originally...

But inside, it does seem original except for the updated bathrooms and kitchen.  It has the old floor and Latshaw design mouldings (I don't know what that is but it looks good) around the door frames...

I really like the furniture they have used throughout that is traditional like the house but it still has an updated feel to it. 

Basically, it is a very tastefully done all around...

Except...

This...

What is that!?!  

The house at 14833 Niagara River Parkway is listed at $6,950,000.  This house that doesn't have a modern feel but is done well with a good location is listed at...

$4,500,000.

Who knew Niagara-on-the-Lake waterfront property was so expensive?

listing, photos via myvirtuallistings.com