$549,803

For sale

129 Cross Road, Rideau Lakes - Single Family for Sale

129 Cross Road, Rideau Lakes, Ontario, K0G1E0

2 beds1 bath8 parking1,300 ft²284 × 558 ft (3.63 acres) lot sizeListed 21 days ago

Overview

This 2-bedroom, 1-bathroom home in Rideau Lakes is for sale offering roughly 1,300 sq ft of space. Listed at $549,803, it is attractively priced about 15% below the $649,000 median asking price in Rideau Lakes. It has been on the market 21 days, fresher than the Rideau Lakes average of 129 days.

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Description

Don't miss this lovely property, tucked away in a beautiful, private, countryside setting near the historic village of Chaffeys Lock. 129 Cross Rd offers the perfect blend of privacy, nature, and rural charm. This well-maintained 2-bedroom, 1-bath home features a bright and inviting main level with soaring vaulted ceilings that create an open, airy feel throughout the living space. The lower level is mostly above ground with garden doors to beautiful lawns, etc. A durable metal roof adds peace of mind, while the surrounding landscape provides a truly picturesque setting to enjoy year-round. Outside, the property is ideal for hobby farming, outdoor enthusiasts, or those simply looking to escape the city. A small barn/shed previously used for horses, offers great potential for animals, storage, or a future hobby space, along with an additional storage shed for all your tools and equipment. Nature lovers will appreciate the abundance of wildlife regularly seen throughout the area, including deer and wild turkey, helped by the nearby stretches of Crownland and surrounding natural landscape that enhance the sense of space and privacy. The Chaffeys Lock area is also known for its scenic beauty, outdoor recreation, and proximity to the historic Rideau Canal system and trails. This property directly neighbours over 200 acres of Crown Land full of stunning nature and there are many free boat launches in area of many stunning lakes and rivers. (id:66096)

Property Details

MLS®: X14031804
Property Type: Single Family
Zoning: Ru
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 8
Interior Size: 1,300 ft²
Lot Size: 284 × 558 ft (3.63 acres)
Frontage: 284 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Full, Walk out
Heating: Forced air, Electric
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership

Rooms

Lower level

Office: 3.65 x 3.63 meters
Laundry room: 2.74 x 1.11 meters
Recreational, Games room: 11.11 x 11.52 meters

Main level

Bathroom: 2.93 x 3.9 meters
Bedroom: 3.48 x 3.62 meters
Dining room: 2.45 x 3.68 meters
Kitchen: 4.68 x 3.74 meters
Living room: 5.31 x 3.7 meters
Primary Bedroom: 5.06 x 3.59 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Range, Dryer, Water Heater
Foundation: Wood
Exterior: Wood
Lot Features: Hillside, Wooded area, Irregular lot size, Sloping, Rolling, Backs on greenbelt, Open space, Lighting, Dry, Level

Services

Sewer: Septic System
Utilities: Electricity, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Rideau Lakes listings, avg age

129d

Price / ft²

$423

List price

$550K

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.

Haho

This 2-bed single family in Rideau Lakes has been listed for 21 days, which is 108 days fresher than the city average of 129. Act while there is still low competition.

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Listed by BICKERTON BROKERS REAL ESTATE LIMITED, BROKERAGE · TERRI WOOD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0G)

This home lists at $549,803, about 5.8× the local median household income of $94,000.

Carrying it typically needs a household income of about $107,396 (20% down, 25-yr amortization, stress-tested) — roughly 14% above the area median.

Median household income: $94,000
Population: 39,862
Median age: 50.4
Owner / renter: 88% / 12%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0G)

$549,803· $423/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,980.30

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,793 capitalized)

Property tax (est.)$190/mo

Total monthly$3,072

Cash Needed to Close

Down payment (5.45%)$29,980

Land transfer tax$7,471

Est. closing costs$4,149

Total cash needed$41,600

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