131 MULLEY Lane, Rideau Lakes, ON

$2,974,900
MLS#:X9524213
4 beds
4 baths
12.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 817 - Rideau Lakes (South Crosby) Twp. Expertly crafted featuring premium wood and stone construction, this residence presents an exceptional opportunity offered at $2,974,900 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.

  • 4 Bedrooms and 4 Bathrooms
  • Premium 215 x 578.42 ft lot size
  • 12.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned, Water Treatment
  • Efficient baseboard heating via electric

Description

Set on the sought after shores of Indian Lake within the renowned Rideau Lakes System, a UNESCO World Heritage site, this exceptional property offers a blend of serene lakeside living & boundless adventure. Encompassing five acres of meticulously landscaped grounds, including lush lawns, vibrant gardens, & peaceful mature forests, this retreat features 215ft of pristine waterfront perfect for swimming & boating. A grand dock, private boat launch, & boathouse provide effortless access to the water. At the heart of the estate is a breathtaking 3800sf post-and-beam residence, situated at the end of a private rd, combining timeless charm with modern elegance. The home offers 4beds, 5baths, & 3 fireplaces, with a gourmet kitchen sure to delight any chef. The great rm, sun rm, media rm, & loft provide abundant space for both relaxation and entertainment. A detached 3car garage with extra height adds ample storage. Discover the pinnacle of lakeside luxury living. Annual fee for snow removal.

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Property Summary

This detached home located at 131 MULLEY Lane, Rideau Lakes is currently for sale and has been available on SousaSells for 633 days. This property is listed at $2,974,900 with an estimated mortgage of $9,902* per month. It has 4 beds, 4 bathrooms, and is unknown square feet. 131 MULLEY Lane, Rideau Lakes is in the 817 - Rideau Lakes (South Crosby) Twp neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusTerminated
Listed Date10/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionWood , Stone
BasementNone
Lot Size215 × 578.42 Feet
CountyLeeds and Grenville
Annual Tax$14,500
Legal DescriptionPT LT 19 CON 7 SOUTH CROSBY PT 1, 28R12179 T/W LR346147 EXCEPT EASEMENT THEREIN RE LR290579; RIDEAU LAKES

Parking & Garage

Parking Total12.0
Parking Space10
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Park, Waterfront, Waterfront

Interior Features

Water Heater Owned, Water Treatment

Security Features

Unknown

Community Features

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Location

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131 MULLEY Lane, 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 131 MULLEY Lane, Rideau Lakes, ON K0G 1E0

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$892,470 (30.0%)
* Minimum Canadian down payment required for this price is $594,980.
Amortization Period30 Years
Estimated Monthly Payment$9,902Based on a loan of $2,082,430 over 30 years.
Purchase Price$2,974,900
Loan Amount$2,082,430
Provincial Land Transfer Tax:$60,848
Total Estimated Closing Taxes:$60,848

About Purchasing a Home in Rideau Lakes, ON

For a property listed at $2,974,900 in Rideau Lakes, the legal minimum down payment is $594,980 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 $60,848 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 $60,848.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 817 - Rideau Lakes (South Crosby) Twp, Rideau Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$634,640

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.