10 O12 Road, Rideau Lakes, ON
Property no longer active
This property was sold on November 6, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 820 - Rideau Lakes (South Elmsley) Twp. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $699,500 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.
- 3 Bedrooms and 2 Bathrooms
- Premium 58 x 280.04 ft lot size
- Features a crawl space, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient surface configuration
- Notable attributes: Water Treatment
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Flooring: Vinyl, Flooring: Carpet Wall To Wall, Welcome to your new home on Otter Lake! Get ready to boat, swim, or just sit on the dock or deck and enjoy the lake. Step inside to a warm & inviting living space featuring a 4-season sunroom/family room, spacious living room, kitchen, dining room & reading room . The main living space also features a main floor bdrm, 3pc bath & laundry & upstairs you will find another 3pc bath, a bdrm & den. Outside, the property boasts a beautiful deck that provides stunning views of Otter Lake. Perfect for morning coffee, afternoon relaxation, or evening gatherings. This property also includes 2 cozy Bunkies, providing additional sleeping quarters or a private retreat for guests. . The location is perfect for outdoor enthusiasts, with plenty of opportunities to explore the natural beauty of the area. Conveniently located within a short drive to the towns of Kingston, Smiths Falls, and Perth, making it easy to enjoy local dining, shopping, & entertainment. No conveyance without 48 hour irrevocable.
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Property Summary
This detached home located at 10 O12 Road, Rideau Lakes is currently for sale and has been available on SousaSells for 741 days. This property is listed at $699,500 with an estimated mortgage of $2,328* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 10 O12 Road, Rideau Lakes is in the 820 - Rideau Lakes (South Elmsley) Twp neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 10 O12 Road, Rideau Lakes, ON K0G 1L0
Based on 0 recent similar sales in the pocket.
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 $699,500 in Rideau Lakes, the legal minimum down payment is $44,950 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 $10,465 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 $10,465.
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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.