18 SALMON SIDE Road, Rideau Lakes, ON

$629,900
MLS#:X9522213
4 beds
2 baths
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 15, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Other detached located in the coveted neighborhood of 820 - Rideau Lakes (South Elmsley) Twp. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $629,900 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 2 Bathrooms
  • Premium 204.67 x 149.75 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Flooring: Vinyl, Flooring: Hardwood, Welcome to 18 Salmon Side Rd. Lovely custom raised ranch bungalow in a sought after, quiet, rural neighbourhood with paved roads, high speed internet, NG and just minutes to the SF golf course, Quatarqui trail and all the shopping and ammentities of Smiths Falls and area. Pride in ownership does not go unnoticed in this "original owner" family home. Beautifully updated, tastefully decorated, spacious and bright with natural light this 4 bdrm, 2 bath home is awaiting its new owners. The main floor features lovely eatin kitchen with an abundance of cabinets and plenty of counter space, formal living room and dining w/ patio doors to rear deck, 3 good sized bedrooms (primary with 2 pc ensuite) and 4 pc main bath. The fully finished basement offers plenty more living space, with home office, 4 th bdrm, amazing storage, huge laundry space and family room with cozy gas stove. Huge 28 x 34 INSULATED Garage w LOFT. Nestled on a .07 acre lot with private backyard and no rear neighbours.

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Property Summary

This detached home located at 18 SALMON SIDE Road, Rideau Lakes is currently for sale and has been available on SousaSells for 649 days. This property is listed at $629,900 with an estimated mortgage of $2,097* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 18 SALMON SIDE 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

Bedrooms
4
Bathrooms
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 15, 2024
Sold price information is available to members only
Listed Date10/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleOther
ConstructionBrick, Vinyl Siding
BasementFull, Finished
Lot Size204.67 × 149.75
CountyLeeds and Grenville
Annual Tax$2,332
Legal DescriptionPT LT 7 CON 2 SOUTH ELMSLEY PT 4 AND 5 28R395; RIDEAU LAKES

Parking & Garage

Parking Total5.0
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Security Features

Community Features

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Location

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18 SALMON SIDE Road, 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 18 SALMON SIDE Road, Rideau Lakes, ON K7A 4S5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$188,970 (30.0%)
* Minimum Canadian down payment required for this price is $37,990.
Amortization Period30 Years
Estimated Monthly Payment$2,097Based on a loan of $440,930 over 30 years.
Purchase Price$629,900
Loan Amount$440,930
Provincial Land Transfer Tax:$9,073
Total Estimated Closing Taxes:$9,073

About Purchasing a Home in Rideau Lakes, ON

For a property listed at $629,900 in Rideau Lakes, the legal minimum down payment is $37,990 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 $9,073 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 $9,073.

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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.