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$439,000
Rideau Lakes
119 Knapp Street, Rideau Lakes, Ontario, K0G1E0
This multi-family property in Rideau Lakes is for sale. It has been on the market 106 days, fresher than the Rideau Lakes average of 130 days.
119 Knapp Street offers a versatile 2.85-acre property with two self-contained living spaces, flexible outbuildings, and a peaceful setting in the village of Elgin. The main-level in-law suite (approx. 900 sq ft) features two bedrooms, a full kitchen, living/dining area, and a 4-pc bath. The upper level has recently undergone extensive upgrades, featuring a bright open living/dining area, new kitchen, pantry, den, 4-pc bath, and two bedrooms including a spacious primary with walk-in closet and 3-pc ensuite. A large attached building, currently set up with stalls, tack area, and storage which can be used for animals or converted back to a garage / workshop. Recent improvements include two heat pumps, an upgraded water system, and new fencing. Located minutes from the Rideau Lakes and the historic Rideau System, the property offers quiet rural living with access to parks, marinas, and everyday amenities, while remaining within easy reach of Westport, Perth, Smiths Falls, Brockville, Kingston, and Ottawa. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 106 days on market, against an average age of 130 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 4-bed multi-family in Rideau Lakes has been listed for 106 days, which is 24 days fresher than the city average of 130. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $439,000, about 4.7× the local median household income of $94,000.
Carrying it typically needs a household income of about $85,752 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K0G)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
