$239,000

For sale

3 Otterdale Crescent, Rideau Lakes - Single Family for Sale

3 Otterdale Crescent, Rideau Lakes, Ontario, K7A0J4

3 beds2 baths2 parking900 ft²Listed 8 days ago

Overview

This 3-bedroom, 2-bathroom home in Rideau Lakes is for sale offering roughly 900 sq ft of space. It has been on the market 8 days, fresher than the Rideau Lakes average of 130 days.

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Description

Welcome to easy living in the quiet, mature neighbourhood of Otterdale Estates, just minutes outside Smiths Falls! Regarded as a premier lot in the community, this charming three bedroom, 1.5 bathroom bungalow offers unmatched privacy with no rear neighbours, backing directly onto peaceful open fields. Step inside to an inviting and bright, layout featuring a cozy living room with a classic wood burning fireplace, a dedicated dining area, and a functional kitchen complete with an eat in dining nook and a sit up breakfast bar. Three comfortable bedrooms provide plenty of flexibility for guests, crafts, or a home office. Outside, unwind or entertain on the rear deck while taking in the serene country views, and take advantage of the generous outdoor shed and dedicated workshop, perfect for hobbyists or extra storage. The living area and the bedrooms are separated by a convenient laundry room and a walk in pantry. Enjoy truly worry free, low maintenance living where leased land fees conveniently cover water, sewer, and property taxes, all just a short drive from local amenities and recreation! (id:66096)

Property Details

MLS®: X14122238
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 900 ft²
Storeys: 1
Style: Raised bungalow
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership: Leasehold
Listed: 8 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Blinds, Water Heater
Exterior: Vinyl siding
Lot Features: Cul-de-sac, Level, Carpet Free

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Rideau Lakes listings, avg age

130d

Price / ft²

$266

List price

$239K

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 3-bed single family in Rideau Lakes has been listed for 8 days, which is 122 days fresher than the city average of 130. Act while there is still low competition.

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Listed by RE/MAX AFFILIATES MARQUIS · Tegan Mackey

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7A)

This home lists at $239,000, about 3.2× the local median household income of $74,500.

Carrying it typically needs a household income of about $46,685 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $74,500
Population: 17,575
Median age: 46.8
Owner / renter: 72% / 28%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K7A)

$239,000· $266/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $11,950

Min 5%50%

Mortgage payment$1,259/mo

↳ CMHC premium ($9,082 capitalized)

Est. property tax$0/mo

Total monthly$1,259

Cash Needed to Close

Down payment (5%)$11,950

Land transfer tax$2,115

Est. closing costs$3,217

Total cash needed$17,282

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