8 Simcoe Street, Rideau Lakes, ON
Property no longer active
This property was sold on November 7, 2025. 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 826 - Rideau Lakes (Newboro) Twp. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $519,000 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 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 98.16 x 173.78 ft lot
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Air Exchanger, Floor Drain, On Demand Water Heater
- equipped with wall unit(s) central cooling and highly efficient heat pump heating via electric
Description
Welcome to this beautifully crafted open-concept bungalow, where thoughtful design meets modern comfort.Located in the heart of Newboro and within walking distance (less than 500m) to the Rideau Canal, and Newboro Memorial Park where you will find 3 pickleball courts, a half basketball court, sports fields, walking trail, and play structure. This location truly is a dream.Step inside and you're welcomed by 9-foot ceilings and a spacious hallway that immediately gives the home a warm, inviting feel. To the left of the main hallway, you'll find a well-planned laundry room with cabinetry, a mechanical/storage room, and a well-appointed four-piece bathroom. To the right, discover the generously sized secondary bedroom and the private primary suite wing, complete with a walk-in closet and a spa-inspired three-piece ensuite. At the heart of the home, the dream kitchen features granite countertops, soft-close cabinetry, a stunning back splash, and a walk-in butlers pantry equipped with countertops and outlets. A large island anchors the space perfect for gathering with friends while the light-filled dining area flows effortlessly into the living room, ideal for both entertaining and everyday living. This home was thoughtfully designed with 7-zone in-floor heating including the garage as well as three high-efficiency heat pumps rated to -30C. Direct access from the garage adds everyday convenience. Every feature in this home has been designed to elevate your lifestyle, blending elegance, efficiency, and ease. 8 Simcoe Street isn't just a house it's the perfect place to call home.
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Property Summary
This detached home located at 8 Simcoe Street, Rideau Lakes is currently for sale and has been available on SousaSells for 341 days. This property is listed at $519,000 with an estimated mortgage of $1,728* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 8 Simcoe Street, Rideau Lakes is in the 826 - Rideau Lakes (Newboro) 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
Beach, Golf, Lake Access, Park, School, Wooded/Treed
Interior Features
Air Exchanger, Floor Drain, On Demand Water Heater, Carpet Free, Countertop Range, Primary Bedroom - Main Floor
Security Features
Community Features
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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 Simcoe Street, Rideau Lakes, ON K0G 1P0
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 $519,000 in Rideau Lakes, the legal minimum down payment is $26,900 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 $6,855 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 $6,855.
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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.