59 Poonamalie Road, Rideau Lakes, ON
Property no longer active
This property was sold on June 2, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of 820 - Rideau Lakes (South Elmsley) Twp. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $534,900 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 184.25 x 74.29 ft lot
- Features a partially finished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Sump Pump, Water Heater, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Nestled in a desirable neighbourhood, walking distance from Poonamalie Locks, this charming 4-bedroom, 2-bathroom home offers a perfect blend of comfort and style. Step inside and be greeted by an inviting open-concept layout, where the kitchen flows seamlessly into the dining and living areas. The kitchen boasts ample storage, a convenient pantry, and modern updated backsplashes (Spring 2025). Enjoy meals in the dining area, bathed in natural light from the large windows in the living room.The living room serves as a bright and airy hub for relaxation and gatherings. Venture downstairs to discover a finished half basement, a cozy retreat featuring a beautiful stone wall and a warm fireplace ideal for chilly evenings.Upstairs, you'll find three well-appointed bedrooms and a full bathroom. Two of these bedrooms feature tasteful accent walls, adding character to each space, and all bedrooms benefit from large windows that fill the rooms with sunshine. For added privacy, the spacious primary bedroom is situated on the opposite side of the home. This space showcases a wooden accent wall, two large windows, and a 4-piece ensuite bathroom.Outdoor living is a delight with a large front stone patio, complete with a charming wooden pergola and lovely gardens perfect for enjoying your morning coffee or entertaining guests. The backyard is partially fenced. Convenience is key with a large driveway leading to a two-car garage.Love has been poured into this home. Recent upgrades include a fresh coat of paint throughout (Spring 2025), kitchen backsplashes (Spring 2025), furnace (April 2025), basement floors (2023), a refreshed patio and pergola (Spring 2022), siding (October 2023), front pillars (April 2025), modern kitchen and dining light fixtures (Winter 2024), hot water tank (Spring 2023), and washer (2024).Don't miss the opportunity to make this well cared for, conveniently located home, yours. Listing agent is one of the owners of the home.
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Property Summary
This detached home located at 59 Poonamalie Road, Rideau Lakes is currently for sale and has been available on SousaSells for 449 days. This property is listed at $534,900 with an estimated mortgage of $1,780* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 59 Poonamalie 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Golf, Hospital, Rec./Commun.Centre, School, River/Stream
Interior Features
Sump Pump, Water Heater, Water Heater Owned, Water Softener, Carpet Free, Storage, Auto Garage Door Remote
Security Features
Carbon Monoxide Detectors, Smoke Detector
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 59 Poonamalie Road, Rideau Lakes, ON K7A 0E8
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 $534,900 in Rideau Lakes, the legal minimum down payment is $28,490 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 $7,173 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 $7,173.
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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.