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$539,900
Rideau Lakes
450 Brooks Point Road, Rideau Lakes, Ontario, K0G1E0
This 3-bedroom, 1-bathroom home in Rideau Lakes is for sale offering roughly 900 sq ft of space. Listed at $539,900, it is attractively priced about 17% below the $649,000 median asking price in Rideau Lakes.
Cozy cottage perched on a hill overlooking beautiful Opinicon Lake. This west-facing cottage has a large deck on the side of the hill and landscaped stairs leading down to the lane across to the dock. The waterfront here has a gradual entry with about 5 ft of depth off the end of the dock, making it a great location for boating and swimming. The cottage is serviced with a lake water system and a full septic system. The cottage features 3 bedrooms, a 3pc bathroom and an open-concept kitchen and living room with a woodstove for those chilly nights and has access out to the deck from this area. There are baseboard heaters throughout the cottage for heating as well. The location is private and peaceful with the waterfrontage located just across the lane. Opinicon Lake is part of the Rideau System which offer miles of boating opportunities. Fine dining can be found at the Opinicon Resort, which is located right across the lake by the historic Chaffey's Lock. Kingston is just 45 minutes to the south or the town of Elgin is located approximately 20 minutes away. This cottage is being sold fully furnished and is a turnkey sale! (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: 214 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 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 $539,900, about 5.7× the local median household income of $94,000.
Carrying it typically needs a household income of about $105,461 (20% down, 25-yr amortization, stress-tested) — roughly 12% above 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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