Welcome to this remarkable Sidesplit detached located in the coveted neighborhood of 817 - Rideau Lakes (South Crosby) Twp. Expertly crafted featuring premium aluminum siding and hardboard construction, this residence presents an exceptional opportunity offered at $995,000 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.
Your waterfront dream property, 202 Folly awaits! This exceptional Clear Lake waterfront property in the heart of the Rideau Lakes offers a very rare 6.35 acres with 812 feet of clean, deep A+ shoreline. The waterfront is consistent, accessible (low gradient walkway) and of the highest quality. The charming lake house offers abundant square footage, an exceptional layout, vaulted ceilings, hardwood floors, a stone fireplace in the great room, and stunning lake views from every room. Featuring 4 large bedrooms, 2 full bathrooms, and abundant storage, the home is surrounded by nature and offers unprecedented privacy and comfort. Lovingly maintained over the years, the property features a drilled well, composite siding and breathtaking vistas. Enjoy direct boating access to one of the most prestigious sections of the Rideau system (Featuring Clear, Indian, Newboro, Mosquito, Benson, and Loon Lakes) plus access to the entire Rideau system via Chaffey's Locks (to the South) and Newboro Locks (to the North). Located between Kingston and Ottawa, the commute from either city is a breeze. Minutes from charming Westport and iconic destinations like the Opinicon Lodge as well as conservation areas, trails and hiking, you'll quickly recognize why this area is so sought after. The size and specifications of the property present opportunities to add structures or explores severances (including the creation of two additional, sizeable lots). Take advantage of this rare opportunity to own an expansive, private and charming Clear Lake waterfront estate that offers unmatched lifestyle, privacy, and potential. **OPEN HOUSE Sunday June 14th 2-4pm!**
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Clear View, Waterfront, Wooded/Treed
Carpet Free, Separate Heating Controls, Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 202 Folly Road, Rideau Lakes, ON K0G 1E0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Rideau Lakes.
About Purchasing a Home in Rideau Lakes, ON
For a property listed at $995,000 in Rideau Lakes, the legal minimum down payment is $74,500 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 $16,375 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 $16,375.
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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.