253 Rideau Street, Drummond/North Elmsley, ON

$629,000
MLS#:X12144495
3 beds
1 baths
700-1100 sqft
4.0 parking
Residential Freehold
Loading property media...

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 903 - Drummond/North Elmsley (North Elmsley) Twp. Expertly crafted featuring premium vinyl siding and wood construction, this residence presents an exceptional opportunity offered at $629,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a spacious lot (Feet)
  • 4.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with other central cooling and highly efficient heat pump heating via electric

Description

Discover your own slice of paradise on Lower Rideau Lake. Tucked away in the tranquil countryside, this updated 3-bedroom, 1-bathroom cottage offers the kind of peace thats getting harder to find. Set on a spacious lot framed by mature trees and lush greenery, its the kind of place where mornings start with coffee on the dock and evenings end around a campfire under the stars.Inside, you'll find a bright, sun-filled interior with large windows and patio doors that frame postcard-worthy views of the lake. The open, well-designed layout maximizes every square foot, featuring cozy living areas, a refreshed kitchen, and tasteful updates throughout.Spend your days exploring nearby nature trails, your nights gathered around the fire pit, and your mornings watching the sunrise over the water. With a gently sloping shoreline that offers effortless lake access, this property blends natural beauty with relaxed outdoor living.Just a short drive to Perth, yet worlds away from the rush of daily life, 253 Rideau Street is a peaceful retreat for anyone craving a slower, more intentional pace. With a long list of inclusions and undeniable charm, this is one you wont want to miss.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 253 Rideau Street, Drummond/North Elmsley is currently for sale and has been available on SousaSells for 429 days. This property is listed at $629,000 with an estimated mortgage of $2,094* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 253 Rideau Street, Drummond/North Elmsley is in the 903 - Drummond/North Elmsley (North Elmsley) Twp neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 7, 2025
Sold price information is available to members only
Listed Date5/13/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Wood
BasementNone
CountyLanark
Annual Tax$3,155
Legal DescriptionLT 28-30 PL 4205 LANARK S NORTH ELMSLEY; PT LT 27 PL 4205 LANARK S NORTH ELMSLEY; PT LT 17 CON 6 NORTH ELMSLEY; PT LOCK ST PL 4205 LANARK S NORTH ELMSLEY CLOSED BY RS112868, AS IN RS113166 & RS83538; DRUMMOND-N ELMSLEY

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingOther

Features

Property Features

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

Virtual Tours

Location

Initializing map...
253 Rideau Street, Drummond/North Elmsley, ON
Loading local market trends...

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 253 Rideau Street, Drummond/North Elmsley, ON K7H 3H7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Drummond/North Elmsley.

Configure Loan Settings

Interest Rate4.00%
Down Payment$188,700 (30.0%)
* Minimum Canadian down payment required for this price is $37,900.
Amortization Period30 Years
Estimated Monthly Payment$2,094Based on a loan of $440,300 over 30 years.
Purchase Price$629,000
Loan Amount$440,300
Provincial Land Transfer Tax:$9,055
Total Estimated Closing Taxes:$9,055

About Purchasing a Home in Drummond/North Elmsley, ON

For a property listed at $629,000 in Drummond/North Elmsley, the legal minimum down payment is $37,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,055 for this transaction. As this listing is in Drummond/North Elmsley (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,055.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 903 - Drummond/North Elmsley (North Elmsley) Twp, Drummond/North Elmsley.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$710,104

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.