11 Basswood Crescent, Rideau Lakes, ON

$882,500
MLS#:X12011998
5 beds
3 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 21, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 820 - Rideau Lakes (South Elmsley) Twp. Expertly crafted featuring premium vinyl siding and wood construction, this residence presents an exceptional opportunity offered at $882,500 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 164.04 x 354.33 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Treatment, Sump Pump, Storage
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Welcome to the desirable neighbourhood of Basswood Estates where you'll find large, treed lots, minutes from town and the Rideau canal lock system. Built in approx 2012, this spacious, 5 bedroom bungalow offers main floor living with an expansive walk out, finished basement for everyone to enjoy. Two gas fireplaces, one in each living space, provide a great ambiance for entertaining or relaxing on a winter night. Drive up the paved driveway (2023) into the double, oversized garage where there is plenty of room for cars and utility vehicles. This thoughtful home design places the primary bedroom at one wing of the home, with an ensuite bathroom and walk in closet. An additional bedroom which could be a nursery or an office is close by for convenience. The opposite wing of the home features, two additional bedrooms, another full bathroom and laundry area. The back deck off of the kitchen and living room provides outdoor speakers and lots of space for entertaining. Relax in the screened-in gazebo to read or dine in. Walk down to the Poonamalie locks to watch the boats or to enjoy a swim in the Big Rideau. Don't miss your chance to live in to this established, family friendly neighbourhood!

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Property Summary

This detached home located at 11 Basswood Crescent, Rideau Lakes is currently for sale and has been available on SousaSells for 495 days. This property is listed at $882,500 with an estimated mortgage of $2,938* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 11 Basswood Crescent, 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

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 2, 2025
Sold price information is available to members only
Listed Date3/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Wood
BasementFinished with Walk-Out
Lot Size164.04 × 354.33 Feet
CountyLeeds and Grenville
Annual Tax$3,944
Legal DescriptionLT 34 PL 399 ; S/T LR354459; S/T LR372816; RIDEAU LAKES

Parking & Garage

Parking Total6.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Lake/Pond, School Bus Route, Wooded/Treed

Interior Features

Water Treatment, Sump Pump, Storage, Primary Bedroom - Main Floor, ERV/HRV, Auto Garage Door Remote

Security Features

Security System

Community Features

Location

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11 Basswood Crescent, 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 11 Basswood Crescent, Rideau Lakes, ON K7A 5B8

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 Rideau Lakes.

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Interest Rate4.00%
Down Payment$264,750 (30.0%)
* Minimum Canadian down payment required for this price is $63,250.
Amortization Period30 Years
Estimated Monthly Payment$2,938Based on a loan of $617,750 over 30 years.
Purchase Price$882,500
Loan Amount$617,750
Provincial Land Transfer Tax:$14,125
Total Estimated Closing Taxes:$14,125

About Purchasing a Home in Rideau Lakes, ON

For a property listed at $882,500 in Rideau Lakes, the legal minimum down payment is $63,250 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 $14,125 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 $14,125.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 820 - Rideau Lakes (South Elmsley) Twp, Rideau Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$668,829

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.