Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 816 - Rideau Lakes (North Crosby) Twp. Expertly crafted featuring premium wood and stone construction, this residence presents an exceptional opportunity offered at $2,199,999 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.
Introducing The West - a rare and captivating waterfront estate set along the highly sought-after shores of Upper Rideau Lake. Spanning over 2.6 acres of level, west-facing land with an impressive 570 feet of pristine shoreline, this remarkable property offers uninterrupted sunset views and a stunning outlook toward the charming village of Westport. Designed for both lifestyle and opportunity, the estate blends refined lakeside living with exceptional income potential. The fully renovated main residence offers over 2,000 square feet of thoughtfully designed space, featuring four spacious bedrooms and two bathrooms, all finished with comfort and style in mind. Complementing the main home are five private two-bedroom lake houses, each complete with its own kitchen and bathroom-ideal for hosting guests, accommodating extended family, or operating a boutique rental experience. A 1,000 sq. ft. garage/workshop adds versatility, while recent upgrades-including a new roof and windows on the main house, along with updated decks and windows on the cabins (2024)-ensure a turnkey transition into ownership. What truly sets this offering apart is its future potential. With valuable grandfathered rights in place, the opportunity exists to expand with three additional lake houses and a waterfront gazebo, allowing you to further elevate the property into a premier lakeside destination. More than a home, The West is a legacy property-an opportunity to create unforgettable experiences, establish a thriving waterfront retreat, and embrace the very best of lakeside living.
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Golf, Beach, Park, Waterfront
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 551 LITTLE RIDEAU LAKE 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.
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 $2,199,999 in Rideau Lakes, the legal minimum down payment is $440,000 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 $41,475 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 $41,475.
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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.