551 LITTLE RIDEAU LAKE Road, Rideau Lakes, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 816 - Rideau Lakes (North Crosby) Twp. Expertly crafted featuring premium wood and stone construction, this residence presents an exceptional opportunity offered at $2,399,900 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.
- 14 Bedrooms and 7 Bathrooms
- Generous living space spanning 1500-2000 sqft on a spacious lot (Feet)
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Treatment
- Efficient baseboard heating via electric
Description
Welcome to The West; rare and exhilarating opportunity to own a one-of-a-kind waterfront estate on the coveted shores of Upper Rideau Lake. Set on over 2.6 acres of flat, west-facing land with an incredible 570 feet of shoreline, this property is your front-row seat to unforgettable sunsets and panoramic views of the picturesque village of Westport. Whether you're dreaming of launching a lakeside retreat, starting a thriving vacation rental business, or simply gathering with friends and family for endless summer adventures, The West delivers. The fully renovated main house offers 4 spacious bedrooms and 2 bathrooms across 2,000+ sq ft of comfort and style, while five charming 2-bedroom Lake Houses each with their own kitchen and bathroom offer space for guests, renters, or your growing vision. A 1,000 sq ft garage/workshop adds extra functionality, and recent updates like a new roof and windows on the main house and 2024 upgrades to cabin decks and windows make this a move-in-ready haven. But the real adventure lies in the future: with grandfathered rights secured, you can build three additional Lake Houses and a large gazebo right on the water's edge. The West isn't just a property its a launchpad for lakeside living, unforgettable experiences, and limitless potential.
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Property Summary
This detached home located at 551 LITTLE RIDEAU LAKE Road, Rideau Lakes is currently for sale and has been available on SousaSells for 466 days. This property is listed at $2,399,900 with an estimated mortgage of $7,988* per month. It has 14 beds, 7 bathrooms, and is 1500-2000 square feet. 551 LITTLE RIDEAU LAKE Road, Rideau Lakes is in the 816 - Rideau Lakes (North Crosby) Twp neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 551 LITTLE RIDEAU LAKE Road, Rideau Lakes, ON K0G 1V0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Rideau Lakes, ON
For a property listed at $2,399,900 in Rideau Lakes, the legal minimum down payment is $479,980 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 $46,473 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 $46,473.
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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.