604 TOWNLINE Road, Rideau Lakes, ON

$459,000
MLS#:X9459800
3 beds
1 baths
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 6, 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 820 - Rideau Lakes (South Elmsley) Twp. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $459,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Premium 134.93 x 200.06 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Welcome to 604 Townline Road, this charming home has been so lovingly cared for and maintained. This 3 bedroom 1 bath home, with a finished basement with an office/playroom and large recroom is perfect for a growing family. Enjoy your time in the large 3 season sunroom overlooking a beautiful yard with lovely views, lots of room for gardens, and two sheds for storage. Enjoy puttering away in the double detached garage with workshop area. The finished basement is perhaps a bit retro but just screams for family holidays to be celebrated here by the wood fireplace and bar, lots of room to entertain. This home has had many updates over the years including but not limited to a bathroom renovation in 2015, hardwood floors beautifully refinished in 2020, new kitchen floor 2020, all windows replaced in 2021, new shingles on the house in 2017, garage roof decking and shingles replaced 2016, Air Con 2014, Hot water tank 2018 and much more. Book your showing, don't let this gem slip you by., Flooring: Hardwood, Flooring: Mixed

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Property Summary

This detached home located at 604 TOWNLINE Road, Rideau Lakes is currently for sale and has been available on SousaSells for 659 days. This property is listed at $459,000 with an estimated mortgage of $1,528* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 604 TOWNLINE 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

Bedrooms
3
Bathrooms
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 15, 2024
Sold price information is available to members only
Listed Date9/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionOther
BasementFull, Finished
Lot Size134.93 × 200.06
CountyLeeds and Grenville
Annual Tax$1,936
Legal DescriptionPT LT 10 CON 1 SOUTH ELMSLEY PT 2 AND 3 28R8332; RIDEAU LAKES

Parking & Garage

Parking Total6.0
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf

Interior Features

Security Features

Community Features

Location

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604 TOWNLINE Road, Rideau Lakes, ON
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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 604 TOWNLINE Road, Rideau Lakes, ON K7A 4S5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Rideau Lakes.

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Interest Rate4.00%
Down Payment$137,700 (30.0%)
* Minimum Canadian down payment required for this price is $22,950.
Amortization Period30 Years
Estimated Monthly Payment$1,528Based on a loan of $321,300 over 30 years.
Purchase Price$459,000
Loan Amount$321,300
Provincial Land Transfer Tax:$5,655
Total Estimated Closing Taxes:$5,655

About Purchasing a Home in Rideau Lakes, ON

For a property listed at $459,000 in Rideau Lakes, the legal minimum down payment is $22,950 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 $5,655 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 $5,655.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 820 - Rideau Lakes (South Elmsley) Twp, Rideau Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$668,829

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.