45 Drummond Street, Rideau Lakes, Ontario, K0G1P0




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$269,000
Rideau Lakes
This 1-bedroom, 2-bathroom home in Rideau Lakes is for sale.
Commercial / Residential property in Newboro Village. The main building has a 1 bedroom small apartment with Living Dining area & 3 pc bath, currently rented and requires at least 24hrs prior notice for showings but please allow 48 when possible. The second part of the main building is an office with a 3 pc bath. The two sections can be opened back up into one larger residential unit or larger commercial unit. There is a large unfinished garage with an upper floor that used to be a separate apartment but is in rough/ poor condition and would require a lot of updating & plumbing to make it livable again. Parking area has been freshly paved and there is a de-ironizer & UV filter on the water system. All offers must include the Schedule B and the Form 161. The Broker John Brus is also the Listing Broker. Property is an irregular shape and is part of the Newboro Village Plan 72. (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: 540 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 is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $269,000, about 2.9× the local median household income of $94,000.
Carrying it typically needs a household income of about $52,545 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K0G)
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Loading rates, 30-yr amortization
Cash Needed to Close
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