$534,900
Rideau Lakes
131 Leisure Point Road, Rideau Lakes, Ontario, K0G1X0
This 1-bedroom, 1-bathroom home in Rideau Lakes is for sale offering roughly 1,300 sq ft of space. Listed at $534,900, it is attractively priced about 18% below the $649,000 median asking price in Rideau Lakes. It has been on the market 70 days, fresher than the Rideau Lakes average of 130 days.
Your perfect cottage escape or year-round retreat awaits! Set on 6.2 private acres with waterfront on the historic Rideau Canal system and access to a wonderful selection of nearby lakes, this spacious, bright and beautifully maintained property offers the best of peaceful country living just minutes from Westport. What sets it apart: you're on one of the few lakes forming part of the Rideau Canal, a UNESCO World Heritage waterway. From your own shoreline you can set out by boat and navigate the interconnected lakes and locks all the way to Ottawa, passing the historic Chaffey's Locks along the way. Few properties offer this kind of legendary, wide-open boating access. Built to last, the home features durable, energy-efficient ICF construction paired with quality JELD-WEN windows that fill every room with natural light while keeping it comfortable in every season. A Canadian-made Napoleon propane gas stove can heat the entire home on its own cozy, efficient and dependable. Enjoy your morning coffee or unwind at the end of the day in the inviting sunroom, or step outside onto the deck and take in the tranquility and privacy that surround you. A Generac system and three-bedroom septic add peace of mind, while the generous lot, complete with its own sand pit. Offers plenty of room to explore, relax and enjoy the outdoors. The lower level is full of potential, with impressive high ceilings and numerous windows creating a bright, inviting space ready to be finished to suit your needs. Think additional living space, recreation room, guest accommodations, home gym or hobby area. With privacy, Rideau Canal waterfront, acreage, abundant natural light and solid ICF construction, all close to the charming community of Westport and countless lakes, this property is a rare opportunity to create the lifestyle you've been dreaming of. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 70 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 1-bed single family in Rideau Lakes has been listed for 70 days, which is 60 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 $534,900, about 5.7× the local median household income of $94,000.
Carrying it typically needs a household income of about $104,485 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0G)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.