2 O9 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Property no longer active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 Bungalow detached located in the coveted neighborhood of 820 - Rideau Lakes (South Elmsley) Twp. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $849,000 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 1 Bathroom
- Thoughtfully designed floor plan offering excellent spatial utility and privacy
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient other configuration
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric
Description
Welcome to beautiful spring fed Otter Lake! This unique 1.3 acre + property, situated on a point of land, has 425 ft of waterfront. Relax on the dock at the point and enjoy the gorgeous rocky crystal clear waterfront. Taking advantage of the incredible 180 degree views is a 4 season cottage / home finished on 2 levels. The main floor open concept kitchen, dining & living area ensures the family is all together. There is a cozy woodstove & an amazing 3 season sunroom & spacious composite multi level deck for entertaining, barbecuing or taking in some stunning sunsets! Finishing this level are 2 beds & 1 bath. The lower level walkout has a cozy family room, 2 more bedrooms + a den/office that is currently being used as a 5th bedroom & a laundry/utility room. There is a good size storage shed that has opportunity to double as a bunkie if required. Serviced by drilled well & septic system. Whether you choose to make this your home or cottage, many family memories will be made here!, Flooring: Mixed
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Property Summary
This detached home located at 2 O9 Road, Rideau Lakes is currently for sale and has been available on SousaSells for 762 days. This property is listed at $849,000 with an estimated mortgage of $2,826* per month. It has 4 beds, 1 bathroom, and is unknown square feet. 2 O9 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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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2 O9 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 $849,000 in Rideau Lakes, the legal minimum down payment is $59,900 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 $13,455 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 $13,455.
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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.