402 Troy Lake Road, Rideau Lakes, ON

$749,900
MLS#:X13561142
4 beds
2 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of 817 - Rideau Lakes (South Crosby) Twp. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $749,900 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 93 x 177.71 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Upgraded Insulation
  • equipped with window unit(s) central cooling and highly efficient baseboard heating via electric

Description

Welcome to your fully renovated waterfront retreat on Troy Lake, a private, no-public-access lake spanning nearly 300 acres of pristine water known for excellent bass, pike, and perch fishing. This beautifully updated 4-bedroom, 2-bathroom home has been completely transformed inside and out. A full renovation in 2024 included a stunning new kitchen with tile backsplash, beautifully renovated bathrooms, vinyl plank flooring, modern lighting, custom pine stairs, railings, trim, and solid pine doors throughout. Major upgrades also include improved insulation, new plumbing, and a 200-amp electrical panel for added peace of mind. Outside, the transformation continues with a steel roof (2023) and new siding, soffit, and eaves (2025). Enjoy breathtaking lake views from the spacious deck overlooking clean, swimmable waterfront with approximately 20 feet of water off the dock. Launch your boat right from your own property and spend the day exploring this peaceful lake. The detached Bunkie with its own deck offers fantastic guest accommodations, while the hot tub rough-in is ready for your future plans. Practical features include an installed GenerLink system to simplify backup power during outages, plus a heat pump that is included for the new owners to install. Best of all, the property is being sold fully furnished, including appliances, furniture, dock, Bunkie, and patio furnishings, making it easy to start enjoying lake life immediately. Located close to the historic Rideau Canal at Jones Falls and the trails of Rock Dunder Nature Reserve, this property offers recreation in every direction. School bus service is available, and road maintenance is an affordable $100 annually through the Troy Lake Association. With quick closing available, you could be making waterfront memories this summer.

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Property Summary

This detached home located at 402 Troy Lake Road, Rideau Lakes is currently for sale and has been available on SousaSells for 3 days. This property is listed at $749,900 with an estimated mortgage of $2,496* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 402 Troy Lake Road, Rideau Lakes is in the 817 - Rideau Lakes (South Crosby) Twp neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold Conditional
Listed Date7/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionVinyl Siding
BasementFinished with Walk-Out
Lot Size93 × 177.71 Feet
CountyLeeds and Grenville
Annual Tax$2,656.82
Legal DescriptionPT LT 5 CON 9 SOUTH CROSBY PT 1, 2 & 3 28R10484, S/T & T/W LR299803; RIDEAU LAKES

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWindow Unit(s)

Features

Property Features

Lake/Pond, School Bus Route

Interior Features

Carpet Free, Primary Bedroom - Main Floor, Upgraded Insulation, Water Softener, Water Treatment

Security Features

Smoke Detector

Community Features

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Location

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402 Troy Lake Road, Rideau Lakes, ON
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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 402 Troy Lake Road, Rideau Lakes, ON K0G 1E0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Rideau Lakes.

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Interest Rate4.00%
Down Payment$224,970 (30.0%)
* Minimum Canadian down payment required for this price is $49,990.
Amortization Period30 Years
Estimated Monthly Payment$2,496Based on a loan of $524,930 over 30 years.
Purchase Price$749,900
Loan Amount$524,930
Provincial Land Transfer Tax:$11,473
Total Estimated Closing Taxes:$11,473

About Purchasing a Home in Rideau Lakes, ON

For a property listed at $749,900 in Rideau Lakes, the legal minimum down payment is $49,990 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 $11,473 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 $11,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 817 - Rideau Lakes (South Crosby) Twp, Rideau Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$634,640

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

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.