35 Ridout Street, Kawartha Lakes, ON

$639,999
MLS#:X8436370
4 beds
3 baths
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Lindsay. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $639,999 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 3 Bathrooms
  • Premium 54.54 x 116.96 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor, Storage, In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This bungalow is perfect for downsizers, first-time home buyers, investors, AND families! This versatile spot is conveniently located, well maintained, and has BRAND NEW WINDOWS (JUNE 2024) that brighten this space with natural light! The home features THREE main-floor bedrooms, including one with a walkout patio door to the VERY PRIVATE backyard and the basement is FINISHED with a SEPARATE ENTRANCE. Enjoy two updated bathrooms on the main floor and an additional one in the basement. The open-concept eat-in kitchen leads into a cozy living/dining area with a wood-burning FIREPLACE and hardwood floors. Step outside to a fantastic backyard with two patio areas, perfect for relaxing or entertaining. The FULLY FENCED yard offers plenty of storage and a serene space to unwind and hang out with pets and family. Conveniently located within walking distance to shopping, downtown amenities, and schools, you dont want to miss this one! Contact your favourite Realtor today for a viewing!

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Property Summary

This detached home located at 35 Ridout Street, Kawartha Lakes is currently for sale and has been available on SousaSells for 759 days. This property is listed at $639,999 with an estimated mortgage of $2,130* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 35 Ridout Street, Kawartha Lakes is in the Lindsay neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 2, 2024
Sold price information is available to members only
Listed Date6/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Stone
BasementFinished
Lot Size54.54 × 116.96 Feet
CountyKawartha Lakes
Annual Tax$3,082.46
Legal DescriptionLT 13 S/S RIDOUT ST PL 15P; PT LT 12 S/S RIDOUT ST PL 15P AS IN R313918 CITY OF KAWARTHA LAKES

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Golf, Hospital, Library, Public Transit, School

Interior Features

Primary Bedroom - Main Floor, Storage, In-Law Capability

Security Features

Community Features

Location

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35 Ridout Street, Kawartha 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 35 Ridout Street, Kawartha Lakes, ON K9V 2B4

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.

Market Trend
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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$192,000 (30.0%)
* Minimum Canadian down payment required for this price is $39,000.
Amortization Period30 Years
Estimated Monthly Payment$2,130Based on a loan of $447,999 over 30 years.
Purchase Price$639,999
Loan Amount$447,999
Provincial Land Transfer Tax:$9,275
Total Estimated Closing Taxes:$9,275

About Purchasing a Home in Kawartha Lakes, ON

For a property listed at $639,999 in Kawartha Lakes, the legal minimum down payment is $39,000 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 $9,275 for this transaction. As this listing is in Kawartha Lakes (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,275.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Lindsay, Kawartha Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$653,338

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.