24 Rideau Street, Westport, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of 815 - Westport. Expertly crafted featuring premium concrete block and vinyl siding construction, this residence presents an exceptional opportunity offered at $499,000 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 with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 50 x 150 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater Owned, Water Meter
- Efficient baseboard heating via electric
Description
Here is your chance for an investment opportunity in the heart of Westport! Offering both upper and lower residential units, this property is ideal for investors or those looking to live in one unit while generating rental income from the other. The main floor unit features 2-bedrooms, 1- bathroom, spacious living area, eat-in kitchen, and laundry room. The upper unit offers 3 bedrooms, 1-bathroom, a bright and comfortable living space, a large kitchen, and a laundry room. This well-located duplex is within easy walking distance to shops, restaurants, the harbour, and all village amenities. Both units are currently tenanted, making this a turnkey income property in the beautiful village of Westport!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Golf, Lake Access, Library, Place Of Worship, School
Interior Features
Water Heater Owned, Water Meter
Security Features
Smoke Detector
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 24 Rideau Street, Westport, ON K0G 1X0
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 Westport, ON
For a property listed at $499,000 in Westport, the legal minimum down payment is $24,950 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 $6,455 for this transaction. As this listing is in Westport (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.
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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.