$589,000
Rideau Lakes
3 Forest Drive, Rideau Lakes, Ontario, K7A4S5
This 3-bedroom, 3-bathroom home in Rideau Lakes is for sale offering roughly 1,750 sq ft of space. Listed at $589,000, it is attractively priced about 9% below the $649,000 median asking price in Rideau Lakes. It has been on the market 38 days, fresher than the Rideau Lakes average of 130 days.
Set on a generous 0.4-acre corner lot in a family-friendly neighbourhood just 7 minutes from Smiths Falls, 3 Forest Drive is a spacious 3-bedroom brick bungalow offering approximately 1,860 sq. ft. of above-grade living space. Inside, the layout offers plenty of room to spread out, with two separate main-floor living areas that easily accommodate everyday family life, entertaining, a playroom or a quieter place to relax. One is made especially inviting by a cozy natural gas fireplace. The centrally located kitchen connects easily to the surrounding living spaces, with a versatile area nearby currently used as an office that could also work well as a homework station, drop zone or additional household space. Three bedrooms and two full bathrooms complete the main level, including one bathroom with cheater access that could be reconfigured to create a private ensuite. Downstairs, the partially finished basement adds even more usable space with a den, a second natural gas fireplace, a full bathroom, plenty of storage and additional unfinished space ready for future plans. Outside, the 0.4-acre corner lot provides plenty of room to enjoy and make your own, along with a detached shed and an attached double garage with convenient inside entry. Important updates include the furnace and central air conditioning in 2020, shingles in 2019, deck in 2020 and paved driveway in 2023. With nearly 1,900 sq. ft. on the main level, flexible living spaces, three full bathrooms, practical updates and room to add your own finishing touches, 3 Forest Drive offers plenty of space both inside and out! (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 38 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 3-bed single family in Rideau Lakes has been listed for 38 days, which is 92 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 $589,000, about 7.9× the local median household income of $74,500.
Carrying it typically needs a household income of about $115,052 (20% down, 25-yr amortization, stress-tested) — roughly 54% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7A)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.