1503 Sheridan Rapids Road, Lanark Highlands, ON

$269,500
MLS#:X13504106
2 beds
1 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 914 - Lanark Highlands (Dalhousie) Twp. Expertly crafted featuring premium shingle and wood construction, this residence presents an exceptional opportunity offered at $269,500 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 78 x 100 ft lot
  • Features a crawl space, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Carpet Free, Water Heater, Water Treatment
  • Efficient other heating via wood

Description

Charming, welcoming & full of character, this beautifully maintained 2-bedroom seasonal cottage on the Mississippi River at Sheridan Rapids is the perfect place to escape, unwind & enjoy the very best of cottage life. Being sold fully furnished & equipped, simply pack your bags, pick up a few groceries & start making memories from day one. Tastefully updated throughout, the bright, inviting interior offers a wonderful sense of warmth the moment you step inside. The sun-filled riverside sunroom is sure to become a favourite gathering place, ideal for dining, family games, morning coffee or simply relaxing with a good book while taking in the peaceful water views. The updated kitchen is bright & functional, flowing into the spacious living room where a cozy woodstove creates the perfect atmosphere on cooler evenings. A wide central hallway enhances the comfortable layout, while the guest bedroom features French doors that open to create an even greater sense of space. A good-sized primary bedroom, modern 3-piece bathroom & carpet-free interior complete this exceptionally bright, clean & inviting retreat.Outside, beautifully maintained fenced grounds with level lawns invite family fun & outdoor entertaining. Spend your evenings around the fire pit, gather on the attractive stone patio or head down to the clean shoreline where you'll enjoy excellent swimming in the Mississippi River. The picturesque bridge & nearby rapids create a beautiful backdrop & the soothing sound of flowing water adds to the relaxing setting. A powered bunkie offers extra space for overnight guests (sleeps 2) or hobbies, while the garden shed provides convenient storage. The property is serviced by a river water intake with filtration & UV treatment system, along with a septic system. Located just 20 minutes from Heritage Perth, this is the kind of cottage families search for comfortable, beautifully cared for & completely ready to enjoy from the moment you arrive.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/30/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionShingle , Wood
BasementCrawl Space, Unfinished
Lot Size78 × 100 Feet
CountyLanark
Annual Tax$2,059
Legal DescriptionPart of Lot 3 Concession 4 Dalhousie, Part 5 on plan 27R6813, Lanark Highlands Township

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceWood
Heat TypeOther
CoolingNone

Features

Property Features

River/Stream

Interior Features

Carpet Free, Water Heater, Water Treatment

Security Features

Community Features

Location

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1503 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 1503 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.

Market Trend
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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$13,475 (5.0%)
* Minimum Canadian down payment required for this price is $13,475.
Amortization Period25 Years
Estimated Monthly Payment$1,526Based on a loan of $256,025 over 25 years.
Purchase Price$269,500
Loan Amount$256,025
Provincial Land Transfer Tax:$2,518
Total Estimated Closing Taxes:$2,518

About Purchasing a Home in Lanark Highlands, ON

For a property listed at $269,500 in Lanark Highlands, the legal minimum down payment is $13,475 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 $2,518 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 $2,518.

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.