1 MAIN Street, Rideau Lakes, ON

$459,000
MLS#:X12073541
3 beds
2 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 13, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of 816 - Rideau Lakes (North Crosby) Twp. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $459,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 65 x 207.62 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Water Purifier, Water Heater Owned, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Oh, the possibilities! Nestled in the gorgeous and historic village of Portland, right off Highway 15, a short commute to Kingston and Brockville, just an hour to Ottawa, and since you're steps from beautiful Big Rideau Lake's beach and boat launches, and there are several permitted uses for this commercially-zoned property, do you turn your backyard lot into a boat storage business and live in the stylish bungalow? Enjoy the house for your home-based business, or personal residence? Turn your dreams into reality here! This lovely all-brick raised bungalow and lot combination, both zoned Local Commercial, offer you so many options. This property features artistically landscaped gardens, pretty deck, mere steps to the grocery, bank, post office, and LCBO, and gorgeous Big Rideau Lake two blocks away, and that's just outside! Inside, a lovely custom sunroom welcomes you, with the enticing aroma of fresh cedar - thanks to its handy closet - and, as you step across the home's threshold, the attractive stone kitchen greets you, offering stainless steel appliances and a generous pantry. Imagine enjoying a leisurely breakfast in your bright dining nook, as you gaze out at your magnificent gardens. A spacious living room with its own entrance is just off the kitchen, and the main level is completed by three inviting bedrooms, and a four-piece bath. Downstairs, you will be pleasantly surprised by the space offered here. The rec room is massive, just ready for gatherings with friends and family, or possibly the addition of a fourth bedroom. There is a handy three-piece bath with shower right off the rec room, and the next room is your oversized utility room, which triples as a laundry, (boasting a new washer and dryer), and a handy workshop with storage galore! There's a sump pump, and a newer UV light for the well, too. The manicured back yard is primarily the attached lot, which includes its own septic and well. Be sure to book your showing while you can!

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Property Summary

This detached home located at 1 MAIN Street, Rideau Lakes is currently for sale and has been available on SousaSells for 465 days. This property is listed at $459,000 with an estimated mortgage of $1,528* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 1 MAIN Street, 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

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 13, 2025
Sold price information is available to members only
Listed Date4/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Wood
BasementFull, Partially Finished
Lot Size65 × 207.62 Feet
CountyLeeds and Grenville
Annual Tax$2,048.89
Legal DescriptionPT LT A S/S COLBORNE ST PL 27 AS IN LR312496; RIDEAU LAKES (house) and PT LT A S/S COLBORNE ST PL 27 PT 1 28R6783 TOWNSHIP OF RIDEAU LAKES (vacant lot)

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Lake/Pond, Marina, Place Of Worship, Park

Interior Features

Water Purifier, Water Heater Owned, Sump Pump, Water Softener, Primary Bedroom - Main Floor

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Virtual Tours

Location

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1 MAIN Street, 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 1 MAIN Street, Rideau Lakes, ON K0G 1V0

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$137,700 (30.0%)
* Minimum Canadian down payment required for this price is $22,950.
Amortization Period30 Years
Estimated Monthly Payment$1,528Based on a loan of $321,300 over 30 years.
Purchase Price$459,000
Loan Amount$321,300
Provincial Land Transfer Tax:$5,655
Total Estimated Closing Taxes:$5,655

About Purchasing a Home in Rideau Lakes, ON

For a property listed at $459,000 in Rideau Lakes, the legal minimum down payment is $22,950 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 $5,655 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 $5,655.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 816 - Rideau Lakes (North Crosby) Twp, Rideau Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$737,181

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.