6 Bridle Path, Rideau Lakes, ON
Property Highlights
Welcome to this remarkable Bungalow mobiletrailer located in the coveted neighborhood of 820 - Rideau Lakes (South Elmsley) Twp. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $184,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, Water Heater Owned
- equipped with wall unit(s) central cooling and highly efficient forced air heating via electric
Description
Welcome to 6 Bridle Path in Otterdale Estates - a well-maintained home offering a simple, low-maintenance lifestyle just minutes from Smiths Falls. Originally designed as a 3-bedroom layout, the home has been thoughtfully reconfigured to create a spacious primary bedroom, complemented by a second bedroom and a bright, open-concept living, dining, and kitchen area. Recent updates include fresh paint throughout and refreshed kitchen cabinetry, creating a clean and inviting space that's ready to enjoy. One of the standout features of this property is the detached garage, ideal for storage, hobbies, or workshop use. A separate 17' x 12' shed with hydro adds even more functional space, making this property especially appealing for those who value storage or workspace. The home is equipped with a forced air oil furnace with a heat pump, offering reliable and efficient heating options throughout the year. Utilities are economical, with hydro approximately $1,561.56/year and oil approximately $720/year. Located in a quiet, well-established community, this property is a great option for down-sizers, retirees, or those looking for an affordable home that is easy to maintain. Current land lease is $373.74/month and includes water testing and property taxes.
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Carpet Free, Water Heater Owned
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 6 Bridle Path, Rideau Lakes, ON K7A 4S5
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About Purchasing a Home in Rideau Lakes, ON
For a property listed at $184,000 in Rideau Lakes, the legal minimum down payment is $9,200 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 $1,565 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 $1,565.
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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.