Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 817 - Rideau Lakes (South Crosby) Twp. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $725,000 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.
Welcome to your lakeside retreat on Clear Lake - where comfort, style, and easy waterfront living come together. Set on an impressive 1.1-acre lot with 300 feet of shoreline, this property offers exceptional privacy and expansive lakefront enjoyment-perfect for swimming, boating, and taking in the natural surroundings. This beautifully updated cottage features rare level access to the water, making it ideal for effortless lakeside living. The cottage is serviced by a lake water system and a full septic system and a drilled well is also on the property but is not in use. Inside, you will find a warm and inviting living space highlighted by soaring cathedral ceilings and a charming wood stove that creates the perfect cozy atmosphere year-round. A beautiful dining room with views of the front yard and lake provides the perfect setting for entertaining or quiet meals. The open feel continues into a thoughtfully updated kitchen, complete with stone countertops, modern finishes, and plenty of space for cooking and gathering. The home features engineered hardwood flooring throughout, with tile in the foyer and both bathrooms for added durability and style. Comfort is maintained year-round with electric baseboard heating. The layout includes three comfortable bedrooms, a full bathroom and a private two-piece ensuite off the primary bedroom. A practical laundry area off the foyer adds everyday functionality without sacrificing convenience. Whether you're looking for a peaceful full-time residence, a weekend getaway, or a smart waterfront investment, this turnkey property offers exceptional value in a sought-after lakeside setting. Don't miss your chance to own your piece of Rideau Lakes waterfront paradise.
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Lake Access, Waterfront, Wooded/Treed
Bar Fridge, Carpet Free, Primary Bedroom - Main Floor, Water Heater Owned
Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 224 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 $725,000 in Rideau Lakes, the legal minimum down payment is $47,500 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 $10,975 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 $10,975.
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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.