$649,000
Rideau Lakes
368 Troy Lake Road, Rideau Lakes, Ontario, K0G1E0
This 2-bedroom, 1-bathroom home in Rideau Lakes is for sale offering roughly 900 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 29 days, fresher than the Rideau Lakes average of 130 days.
Enjoy peaceful lakeside living on Troy Lake, a quiet lake in the Rideau Lakes area with no public access. This 2-bedroom, 1-bathroom waterfront bungalow offers approximately 95 ft of east-facing shoreline and level access to the water, making it an ideal setting for relaxing, entertaining, and enjoying the outdoors. The home sits on a concrete foundation and features vaulted ceilings, vinyl siding, an asphalt roof, electric baseboard heating, and a mini-split heat pump for year-round comfort. Inside, you enter into an open and bright kitchen and living area that is a welcoming and functional living space. The kitchen has a centre island that conveniently houses the washer and dryer. The bedrooms and bathroom are at the back side of the home with an entrance to the basement via a floor hatch with stairs below. Step onto the large deck and enjoy peaceful lake views and the sounds of nature. The large dock with easterly views is perfect for boating, fishing, or soaking up the morning sun. A fire pit provides the perfect spot for evening gatherings. Additional features include a drilled well and septic system, storage shed, and a unique shed with woodstove that could make a great bunkie, studio, or hangout space. Starlink internet provides reliable connectivity while you enjoy the privacy and tranquility of the lake. With level access to the water, a private setting and a comfortable bungalow with a concrete foundation with easy year round access, this property offers a great opportunity for a home on the water, cottage getaway or year-round retreat. (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.
Extended: 29 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 2-bed single family in Rideau Lakes has been listed for 29 days, which is 101 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 $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.
Source: Statistics Canada, 2021 Census (FSA K0G)
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