56 Railroad Street, Rideau Lakes, ON
Property no longer active
This property was sold on April 17, 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 wood construction, this residence presents an exceptional opportunity offered at $269,000 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.
- 1 Bedroom and 1 Bathroom
- Premium 170 x 162 ft lot size
- 4.0 total parking spaces available
- Notable attributes: Water Heater Owned
- Efficient other heating via other
Description
Don't miss out on this cottage just steps from the water offering a serene lakeside retreat on beautiful Lower Beverley Lake. Enjoy stunning western exposure and breathtaking sunsets right from your doorstep. This cozy cottage has 1-bedroom, with the potential to easily convert to 2-bedrooms. 3-piece bathroom with a full septic system. 170 feet of great waterfront on flat, well-maintained lot. The peaceful setting and incredible views make this cottage an ideal getaway. Don't miss out on the opportunity to own a piece of paradise on Lower Beverley Lake at an affordable price!
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Property Summary
This detached home located at 56 Railroad Street, Rideau Lakes is currently for sale and has been available on SousaSells for 594 days. This property is listed at $269,000 with an estimated mortgage of $895* per month. It has 1 bed, 1 bathroom, and is unknown square feet. 56 Railroad 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Lake/Pond, Waterfront
Interior Features
Water Heater Owned
Security Features
Community Features
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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 56 Railroad Street, Rideau Lakes, ON K0E 1G0
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 $269,000 in Rideau Lakes, the legal minimum down payment is $13,450 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 $2,510 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 $2,510.
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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.