776 TOWNLINE Road, Rideau Lakes, ON

$1,390,000
MLS#:X10410987
5 beds
2 baths
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 5, 2026. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 820 - Rideau Lakes (South Elmsley) Twp. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,390,000 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.

  • 5 Bedrooms and 2 Bathrooms
  • Premium 1555 x 1067 ft lot size
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Unknown
  • Efficient unknown heating via wood

Description

MOTIVATED SELLERS Bring an offer if you are you looking for a farm that has it all, this former Dairy farm sits nestled on the banks of the historic rideau canal with an abundance of wildlife on and around its shores. The century old farm boasts a 5 bedroom brick home which is nestled beside a quiet creek , with updated kitchen and bathrooms and a stunning turn of the century entrance. Heated by an outdoor wood boiler keeping your heat costs to a minimum. The Farm is 122 approximately acres and has approximately 8000 meters of shore line on the historic rideau canal. Approximately 52 acres are cleared into fields, there is approximately a 100 tap sugar bush in the middle of the property. The 90x50 clear span machine shed offers sufficient storage for machinery and the large barn could be converted into multiple uses with height enough for horses. If you are looking for a stunning farm that has it all this is your property call today for your personal showing ALSO LISTED UNDER MLS X10410980

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Property Summary

This detached home located at 776 TOWNLINE Road, Rideau Lakes is currently for sale and has been available on SousaSells for 622 days. This property is listed at $1,390,000 with an estimated mortgage of $4,627* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 776 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
5
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 26, 2025
Sold price information is available to members only
Listed Date11/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFull, Unfinished
Lot Size1555 × 1067 Acres
CountyLeeds and Grenville
Annual Tax$2,600
Legal DescriptionPT LT 5 CON 1 SOUTH ELMSLEY AS IN LR170372 EXCEPT 28R5298 & 28R6788; S/T LR173276; RIDEAU LAKES

Parking & Garage

Parking Total8.0
Parking Space8
Garage TypeOther

Heating & Cooling

Heat SourceWood
Heat TypeUnknown
CoolingNone

Features

Property Features

Golf, Park

Interior Features

Unknown

Security Features

Unknown

Community Features

Location

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776 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 776 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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$417,000 (30.0%)
* Minimum Canadian down payment required for this price is $278,000.
Amortization Period30 Years
Estimated Monthly Payment$4,627Based on a loan of $973,000 over 30 years.
Purchase Price$1,390,000
Loan Amount$973,000
Provincial Land Transfer Tax:$24,275
Total Estimated Closing Taxes:$24,275

About Purchasing a Home in Rideau Lakes, ON

For a property listed at $1,390,000 in Rideau Lakes, the legal minimum down payment is $278,000 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 $24,275 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 $24,275.

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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.