104 Penny Lane, Rideau Lakes, ON
Property no longer active
This property was sold on October 21, 2025. 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 816 - Rideau Lakes (North Crosby) Twp. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,229,900 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.
- 2 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 194 x 273.12 ft lot
- 9.0 total parking spaces available with a convenient attached configuration
- Notable attributes: ERV/HRV, On Demand Water Heater, Water Treatment
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Your Waterfront Fantasy Just Became A Reality, Stop what you're doing and imagine this: 194 feet of private WATERFRONT, 1 glorious acre, a massive deck you could live your entire life on, and a view that is screaming, You deserve this. Tucked on Moores Bay on Upper Rideau Lake, this amazing location places you smack dab in the middle of the historic Rideau Canal System a UNESCO World Heritage Site. This wildly charming home offers views and lake access so good you'll ignore your phone, your responsibilities, and probably your friends. The open-concept main floor has vaulted ceilings and lake-facing windows that make even dishwashing feel romantic. High efficiency air conditioning and heat pump? Obviously. Primary bedroom with ensuite, large closet, and garden doors to the holy grail of summer living: the giant, lakefront deck. Oh, and the soaker tub? Built for two. Perfect for soaking while questioning how you lived anywhere else before this. The massive garage delivers storage galore, room to park your water toys, car lift, and a work bench facing the lake because why should the main floor have all the fun? Not a grease monkey? Store your summer car on the lift and park your winter beater below! With a charming bunkie, wood shed, cozy fire pit, aluminum dock, boat lift, and your very own sheltered waterfront (yes, really), you've officially reached peak lakeside living. When your neighbor's boat is being beaten against the dock, you can chill with an adult beverage knowing you are safely sheltered in the bay! Hate getting groceries? Make it an adventure! Take the short boat trip to Westport, do your shopping and grab a pint at the brew pub! Warning: You may experience sudden urges to quit your job, play guitar around the camp fire, and go on fishing expeditions. This is not just a home. Its a lifestyle. Come get your waterfront happily-ever-after!
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Property Summary
This detached home located at 104 Penny Lane, Rideau Lakes is currently for sale and has been available on SousaSells for 342 days. This property is listed at $1,229,900 with an estimated mortgage of $4,094* per month. It has 2 beds, 3 bathrooms, and is 1500-2000 square feet. 104 Penny Lane, 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
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Parking & Garage
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ERV/HRV, On Demand Water Heater, Water Treatment, Water Softener, Storage, Water Purifier
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 104 Penny Lane, Rideau Lakes, ON K0G 1V0
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 $1,229,900 in Rideau Lakes, the legal minimum down payment is $245,980 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 $21,073 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 $21,073.
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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.