55 Bacchus Island Road, Rideau Lakes, ON

$589,900
MLS#:X12025193
3 beds
2 baths
1100-1500 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 6, 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 820 - Rideau Lakes (South Elmsley) Twp. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $589,900 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 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 267 x 297 ft lot
  • Features a full, partially finished 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: Air Exchanger, Auto Garage Door Remote, Primary Bedroom - Main Floor
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric

Description

Nestled on a serene 1.9-acre corner lot, this beautifully maintained brick bungalow offers the perfect blend of country tranquility and modern convenience. Just minutes from town amenities and the scenic Poonamalie Lock Station on the Rideau Canal, this home is a rare gem for those seeking both privacy and accessibility. Set well back from the road, the property features a paved driveway, expansive yard space, and mature evergreens that create a peaceful retreat. Whether you're envisioning lush gardens, a safe play area for the kids, or a quiet outdoor sanctuary, this property delivers. Step inside to a bright and inviting main floor, where the spacious living room seamlessly connects to the dining area and updated kitchen ideal for hosting family and friends. The main level also boasts three well-sized bedrooms, including a primary suite with its own two-piece ensuite. Downstairs, the expansive lower level offers endless possibilities. Cozy up by the charming propane fireplace in the family/rec room, the perfect spot for movie nights on chilly evenings. A large den and dedicated laundry room provide great flex space, ideal for a home office, hobby room, or additional storage. The private backyard oasis features a lovely interlock patio, where you can unwind and enjoy the peaceful surroundings. With easy access to nearby walking trails, quiet crescents, and the Rideau Canal, outdoor adventures are just steps away. Experience the best of both worlds country living with town conveniences just minutes away. Book your private viewing today!

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Property Summary

This detached home located at 55 Bacchus Island Road, Rideau Lakes is currently for sale and has been available on SousaSells for 489 days. This property is listed at $589,900 with an estimated mortgage of $1,964* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 55 Bacchus Island Road, Rideau Lakes is in the 820 - Rideau Lakes (South Elmsley) Twp neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 6, 2025
Sold price information is available to members only
Listed Date3/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Partially Finished
Lot Size267 × 297 Feet
CountyLeeds and Grenville
Annual Tax$3,016
Legal DescriptionLT 1 PL 351; RIDEAU LAKES

Parking & Garage

Parking Total8.0
Parking Space7
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

Interior Features

Air Exchanger, Auto Garage Door Remote, Primary Bedroom - Main Floor, Storage, Water Heater Owned, Water Softener

Security Features

Community Features

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Location

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55 Bacchus Island Road, 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 55 Bacchus Island Road, Rideau Lakes, ON K7A 0E3

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$176,970 (30.0%)
* Minimum Canadian down payment required for this price is $33,990.
Amortization Period30 Years
Estimated Monthly Payment$1,964Based on a loan of $412,930 over 30 years.
Purchase Price$589,900
Loan Amount$412,930
Provincial Land Transfer Tax:$8,273
Total Estimated Closing Taxes:$8,273

About Purchasing a Home in Rideau Lakes, ON

For a property listed at $589,900 in Rideau Lakes, the legal minimum down payment is $33,990 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 $8,273 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 $8,273.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 820 - Rideau Lakes (South Elmsley) Twp, Rideau Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$668,829

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.