8 Fairlane Drive, Rideau Lakes, ON
Property no longer active
This property was sold on January 22, 2025. 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 vinyl siding construction, this residence presents an exceptional opportunity offered at $579,000 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 97 x 151 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Propane Tank, Storage, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Nestled in a desirable family-friendly neighbourhood, this beautiful 4-bedroom home offers a perfect blend of comfort and convenience. Situated on a spacious corner lot, the property boasts stunning curb appeal, enhanced by mature evergreens and a private, paved driveway. Enter through the 1.5 car garage to the kitchen where you will find a bright seating area, next to the patio doors going to an outdoor side deck. The main floor has two separate, cozy living areas and a nice dining room with a bay window. There is a powder room on the main floor as well as a pantry and laundry room. The spacious finished basement has a pellet stove and lots of room for extra play, storage or crafting area. The second level offers 3 moderately sized bedrooms and a 4 piece bathroom. The primary bedroom is surprisingly large, in its own wing of the house, with lots of closet space and an ensuite bathroom. Located just minutes from town, this home offers easy access to schools, shopping, and activities. With its warm character and prime location, this property is perfect for growing families or anyone seeking a peaceful retreat close to amenities. Do not miss the opportunity to make this picturesque home yours. Schedule a showing today!
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Property Summary
This detached home located at 8 Fairlane Drive, Rideau Lakes is currently for sale and has been available on SousaSells for 591 days. This property is listed at $579,000 with an estimated mortgage of $1,927* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 8 Fairlane Drive, 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
Interior Features
Propane Tank, Storage, Water Heater, Generator - Full, Central Vacuum, Auto Garage Door Remote
Security Features
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 8 Fairlane Drive, Rideau Lakes, ON K7A 4S5
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 $579,000 in Rideau Lakes, the legal minimum down payment is $32,900 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 $8,055 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 $8,055.
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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.