
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 818 - Rideau Lakes (Bastard) Twp. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $479,000 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.
Rarely does a place like this come for sale, a triplex in the quiet village of Portland, sitting just a block from Big Rideau Lake. 2 units rented and one under renovation due to be completed in September makes it the perfect opportunity for an owner occupied investment property. One bedroom main floor unit, the next main floor unit has 2 bedrooms above and was updated throughout, and the last unit has 2 bedrooms with a modern country kitchen, pot lights and an upper deck with seasonal views of the lake. All units have separate hydro meters, one unit heats with a propane furnace and the others are baseboard, meaning all utilities are on the tenants, and each unit has their own laundry as well. All windows have been updated over time. Added attic insulation +/- 2019. Enjoy all the local amenities the village has to offer such as banks, LCBO, shops, restaurants, marinas, post office, newer library and community hall and a public beach with boat launch just a block away. Live in one unit and have the other 2 cover your mortgage, or rent it out and make some money. Buyer must assume the existing tenants in the 2 units.
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This detached home located at 24 Perth Street, Rideau Lakes is currently for sale and has been available on SousaSells for 10 days. This property is listed at $479,000 with an estimated mortgage of $1,594* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. 24 Perth Street, Rideau Lakes is in the 818 - Rideau Lakes (Bastard) Twp neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in 818 - Rideau Lakes (Bastard) Twp, Rideau Lakes.
Growing families needing multi-bedroom flexibility and space in 818 - Rideau Lakes (Bastard) Twp, Rideau Lakes.
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The current listing price for 24 Perth Street, Rideau Lakes, ON in 818 - Rideau Lakes (Bastard) Twp, Rideau Lakes is $479,000.
This property features 5 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.
24 Perth Street, Rideau Lakes, ON is a Detached (2-Storey) featuring a Unfinished, Exposed Rock basement.
Key property features include: Lake Access, Library, Marina, Park, Rec./Commun.Centre, School Bus Route.
Interior highlights include: Separate Heating Controls, Separate Hydro Meter, Water Heater Owned, Water Softener.
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Yes, this property offers parking space for 3.0 vehicles (None).
Heating is provided via Electric and cooling via None.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 24 Perth Street, Rideau Lakes, ON K0G 1V0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Rideau Lakes.
About Purchasing a Home in Rideau Lakes, ON
For a property listed at $479,000 in Rideau Lakes, the legal minimum down payment is $23,950 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 $6,055 for this transaction. As this listing is in Rideau Lakes (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,055.
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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.