5 Perth Street, Rideau Lakes, ON

$599,000
MLS#:X12282442
3 beds
3 baths
1500-2000 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 10, 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 brick veneer construction, this residence presents an exceptional opportunity offered at $599,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 120 x 279 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Upgraded Insulation
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

With over 1900 square feet of finished living space on the main level and over 1400 on the lower level, your growing pains are over! Start packing, this home is perfect for the growing family. Located in the beautiful waterfront Village of Portland, this home is only 2 blocks to public access on Big Rideau Lake! Tucked away on a private cul-de-sac location, your privacy is assured on this oversized town lot. With a large paved drive, double attached garage, fully finished basement and great deck and yard for entertaining, you'll never want to leave home! Fibre internet service and established office spaces within, working from home will be a breeze. The main level boasts a dramatic kitchen space with new cabinetry that is the focal point of the home capturing an open concept for casual living. 3 spacious bedrooms, family bath, home office space, main floor laundry, sunny dining room including a master suite with full bath and walk in closet encompass the main level. There is handy access to the back deck where a relaxing hot tub is privately situated on the newer deck. Downstairs you will find a huge family room for the kids and several finished rooms ideal for office/ guest rooms/ exercise areas as well as another bathroom. Propane heating with central air. If you're searching for the ideal home for your growing family in a vibrant waterfront community, make sure you book your visit soon! Portland offers 3 restaurants, bank, post office, grocery store, public beach, library, LCBO , two marinas, all within walking distance. Easy commute to Ottawa or Kingston. BONUS! Compeletely new septic system including tank, bed and landscaping just installed in August 2025.

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Property Summary

This detached home located at 5 Perth Street, Rideau Lakes is currently for sale and has been available on SousaSells for 371 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 5 Perth Street, 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

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 10, 2025
Sold price information is available to members only
Listed Date7/13/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick Veneer
BasementFinished, Full
Lot Size120 × 279 Feet
CountyLeeds and Grenville
Annual Tax$2,870
Legal DescriptionLot 15 s/s Perth St., Lot 16 s/s Perth St Plan 27; Part Sherwood or Quarry Block Plan 27;Part Lot 20, Concession 2 BASTARD as in LR317149; S/T LR317149; Rideau Lakes.

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Cul de Sac/Dead End, Golf, Marina, Library, Place Of Worship

Interior Features

Carpet Free, Primary Bedroom - Main Floor, Upgraded Insulation

Security Features

Community Features

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Location

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5 Perth Street, Rideau Lakes, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5 Perth Street, Rideau Lakes, ON K0G 1V0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Rideau Lakes.

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Interest Rate4.00%
Down Payment$179,700 (30.0%)
* Minimum Canadian down payment required for this price is $34,900.
Amortization Period30 Years
Estimated Monthly Payment$1,994Based on a loan of $419,300 over 30 years.
Purchase Price$599,000
Loan Amount$419,300
Provincial Land Transfer Tax:$8,455
Total Estimated Closing Taxes:$8,455

About Purchasing a Home in Rideau Lakes, ON

For a property listed at $599,000 in Rideau Lakes, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 818 - Rideau Lakes (Bastard) Twp, Rideau Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$547,011

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.