1385 SHERIDAN RAPIDS Road, Lanark Highlands, ON

$139,900
MLS#:X12425466
0 beds
0 baths
< 700 sqft
Residential Freehold
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Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of 914 - Lanark Highlands (Dalhousie) Twp. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $139,900 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.

  • 0 Bedrooms and 0 Bathrooms
  • Generous living space spanning < 700 sqft on a premium 328 x 553 ft lot
  • 0.0 total parking spaces available
  • Notable attributes: None

Description

Escape the hustle and bustle of modern living and discover your own piece of country paradise on this 4.27-acre lot. Featuring abundant trees and wildlife, this property is a haven for outdoor enthusiasts. Located near Sheridan Rapids, it offers easy access to further explore the tranquility of the rapids and immerse yourself in nature. Enjoy outdoor activities in the summer, marvel at the vibrant colours of changing leaves in the fall, experience the peacefulness of falling snow in the winter, and witness the renewal of life in the spring. This lot promises a serene and picturesque setting for your dream home, and has a gravel driveway for easy access.

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Key Features

000
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date9/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size328 × 553 Feet
CountyLanark
Annual Tax$0
Legal DescriptionPART W1/2 LOT 4 CONCESSION 4 GEOGRAPHIC TOWNSHIP OF DALHOUSIE, PART 2 ON PLAN 27R11969 TOWNSHIP OF LANARK HIGHLANDS

Parking & Garage

Parking Spaces0.0

Heating & Cooling

Features

Property Features

Golf

Interior Features

None

Security Features

Community Features

Location

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1385 SHERIDAN RAPIDS Road, Lanark Highlands, 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 1385 SHERIDAN RAPIDS Road, Lanark Highlands, ON K0G 1K0

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 Lanark Highlands.

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Interest Rate5.25%
Down Payment$6,995 (5.0%)
* Minimum Canadian down payment required for this price is $6,995.
Amortization Period25 Years
Estimated Monthly Payment$792Based on a loan of $132,905 over 25 years.
Purchase Price$139,900
Loan Amount$132,905
Provincial Land Transfer Tax:$1,124
Total Estimated Closing Taxes:$1,124

About Purchasing a Home in Lanark Highlands, ON

For a property listed at $139,900 in Lanark Highlands, the legal minimum down payment is $6,995 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 $1,124 for this transaction. As this listing is in Lanark Highlands (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,124.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Lanark Highlands.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$593,776

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.