This property was sold on November 6, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 818 - Rideau Lakes (Bastard) Twp. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $259,000 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.
This 2 bed, 1 bath home sits on a large double lot with just over 250' of frontage on Highway 15 on approx. 0.96 acres in the lovely lakeside village of Portland. Enjoy the nearby beach, restaurants / cafe or go launch your boat at one of several nearby boat launches into Big Rideau Lake. This home is in need of TLC and being sold in as is condition but includes newer roof shingles, propane furnace and water treatment system. The main floor layout is a classic centre staircase design with a large eat in kitchen, separate dining and living areas as well as a small sunroom. Upstairs you will find the primary bedroom, a second small bedroom suitable as a nursery or office, and a 4pc bath. There is a nice size private back deck and a small detached garage that provides additional storage. With some investment and effort this home has some nice potential located in a great community., Flooring: Carpet W/W & Mixed
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This detached home located at 2808 HIGHWAY 15, Rideau Lakes is currently for sale and has been available on SousaSells for 709 days. This property is listed at $259,000 with an estimated mortgage of $862* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 2808 HIGHWAY 15, Rideau Lakes is in the 818 - Rideau Lakes (Bastard) Twp neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Golf, Park, School Bus Route
Water Heater Owned, Water Treatment
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2808 HIGHWAY 15, Rideau Lakes, ON K0G 1V0
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 $259,000 in Rideau Lakes, the legal minimum down payment is $12,950 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 $2,360 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 $2,360.
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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.