56 THOMPSON Lane, Rideau Lakes, ON
Property no longer active
This property was sold on November 29, 2024. 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 826 - Rideau Lakes (Newboro) Twp. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $399,900 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
- Premium 71.98 x 131.99 ft lot size
- Features a none, none basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater Owned
- Efficient baseboard heating via electric
Description
Dreaming of spending your Summer days boating the Rideau system, fishing, kayaking, or lounging by the lake watching the boats go by while making wonderful memories with family and friends? If so, this cute 3-season cottage with guest cabin on beautiful Newboro Lake is for you! The perfect vacation spot with main cottage featuring a large screened-in porch perfect for taking in the gorgeous lake view, an open-concept kitchen & family room, a 3-piece bathroom, & a large sleeping area with 2 single beds on one end & a double bed on the other along with plenty of storage for cottage life gear. While the sweet guest cabin offers 2 additional good-sized bedrooms with 3-piece bathroom between. Additional features include a boathouse with storage above, a fixed dock, nearby boat launch/locks, shopping & dining in both Newboro & Westport Village, & a central location within 1 hour of Kingston, & a little over an hour to Ottawa. Life is just better at the lake. Book your private viewing today!, Flooring: Linoleum
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Property Summary
This detached home located at 56 THOMPSON Lane, Rideau Lakes is currently for sale and has been available on SousaSells for 777 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 56 THOMPSON Lane, Rideau Lakes is in the 826 - Rideau Lakes (Newboro) 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
Waterfront, Waterfront
Interior Features
Water Heater Owned
Security Features
Unknown
Community Features
Location
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 THOMPSON Lane, Rideau Lakes, ON K0G 1P0
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 $399,900 in Rideau Lakes, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.
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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.