$649,000

For sale

2011 Fairview Road, Rideau Lakes - Single Family for Sale

2011 Fairview Road, Rideau Lakes, Ontario, K0G1V0

2 beds1 bath4 parking1,750 ft²3021 × 2414 ft (167.39 acres) lot sizeListed 63 days ago

Overview

This 2-bedroom, 1-bathroom home in Rideau Lakes is for sale offering roughly 1,750 sq ft of space. Its $649,000 asking price sits right in line with the $649,000 median in Rideau Lakes. It has been on the market 63 days, fresher than the Rideau Lakes average of 130 days.

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Description

Welcome to your own piece of the country! This approximately 150-acre property offers an incredible mix of forest, open fields and a large pond, creating endless opportunities for recreation, outdoor adventures and simply enjoying the peace and privacy of nature. Whether you're looking for a place to explore, hunt, hike, enjoy the outdoors or bring your own vision to life, this property offers the space and setting to make it your own. Nestled amongst the property is a charming two-storey farmhouse featuring 2 bedrooms and 1 bathroom, offering plenty of potential for those looking to renovate, personalize or create your own country retreat. The home is equipped with a newer propane furnace installed in 2017. Located in community of Portland, you'll enjoy the best of rural living while still being close to everyday amenities. Portland is home to beautiful Big Rideau Lake and offers a variety of local conveniences, including an LCBO, pharmacy and popular local spots such as Recess Café and Portside Pub. Centrally located, the property is approximately 20 minutes to Smiths Falls, 45 minutes to Brockville and 45 minutes to Kingston.With its expansive acreage, diverse landscape and incredible potential, this is a property that offers the freedom to dream, explore and create something truly your own. Come experience all that this unique property has to offer, book your showing today! (id:66096)

Property Details

MLS®: X13744976
Property Type: Single Family
Zoning: RU
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 3021 × 2414 ft (167.39 acres)
Frontage: 3,021 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Propane
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $1,745.11/yr
Listed

Rooms

Main level

Living room: 5 x 5.44 meters
Kitchen: 4.85 x 5.17 meters
Family room: 3.52 x 3.78 meters

Second level

Bedroom: 3.02 x 3.8 meters
Bedroom: 3.22 x 5.13 meters
Bathroom: 2.85 x 2.91 meters

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

Features

Appliances: Dishwasher
Foundation: Block
Exterior: Vinyl siding
Lot Features: Wooded area

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

63d

Rideau Lakes listings, avg age

130d

Price / ft²

$371

List price

$649K

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 63 days, which is 67 days fresher than the city average of 130. Act while there is still low competition.

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Listed by RIDEAU REALTY LIMITED · Neve Wells

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0G)

This home lists at $649,000, about 6.9× the local median household income of $94,000.

Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 35% 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)

$649,000· $371/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,900

Min 6.15%50%

Mortgage payment$3,377/mo

↳ CMHC premium ($24,364 capitalized)

Property tax (est.)$145/mo

Total monthly$3,522

Cash Needed to Close

Down payment (6.15%)$39,900

Land transfer tax$9,455

Est. closing costs$4,447

Total cash needed$53,802

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