286 Sheldon Road, Rideau Lakes, ON
Property no longer active
This property was sold on June 15, 2025. 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 818 - Rideau Lakes (Bastard) Twp. Expertly crafted featuring premium vinyl siding and other construction, this residence presents an exceptional opportunity offered at $789,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 105 x 295 ft lot
- Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor, Other
- Efficient other heating via propane
Description
Opportunities like this, in this kind of location on this lake are rare! Welcome to beautiful Sheldon's Landing on the south shore of sought after BIG RIDEAU LAKE! This stunning area is not far from the village of Portland with Township roads leading right to the property in a well established community. Endless opportunities with this 2 bed (3rd bedroom was converted to a laundry room but could easily be made a bedroom once again), 1 bath fully insulated home / cottage with vaulted great room with propane fireplace and sunroom facing the lake. Drilled well and septic system in place. Level lot with westerly views and a sandy beach shoreline make this property a must see to fully appreciate all the opportunities it provides. Enjoy as is and make immediate memories, renovate or build your dream home now or in the future. The oldest saying in real estate applies to this fantastic waterfront property.....Location, Location, Location! Viewings by appointment only.
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Property Summary
This detached home located at 286 Sheldon Road, Rideau Lakes is currently for sale and has been available on SousaSells for 450 days. This property is listed at $789,000 with an estimated mortgage of $2,626* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 286 Sheldon Road, 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.Key Features
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Primary Bedroom - Main Floor, Other
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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 286 Sheldon Road, Rideau Lakes, ON K0G 1V0
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 $789,000 in Rideau Lakes, the legal minimum down payment is $53,900 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 $12,255 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 $12,255.
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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.