$2,499,000
Rideau Lakes
4769i Briton Houghton Bay Road, Rideau Lakes, Ontario, K0G1V0
This 5-bedroom, 4-bathroom home in Rideau Lakes is for sale offering roughly 2,750 sq ft of space. It has been on the market 8 days, fresher than the Rideau Lakes average of 130 days.
Welcome to your ultimate 2.38-acre waterfront sanctuary on prestigious Big Rideau Lake-an executive custom-built bungalow offering full main-floor luxury combined with a proven, highly lucrative short-term rental track record boasting rave guest reviews.Having undergone major renovations (2022), this expanded home offers 5 spacious bedrooms (upgraded from 2) and 4 modern bathrooms (upgraded from 2), thoughtfully outfitted with 3 queen, 1 king, 2 double and a bunk bed to accommodate large groups effortlessly. The property also features a brand-new cabin installed at the northwest corner (2022).Step into a bright entrance with ceramic in-floor heating leading into an impressive great room with soaring vaulted ceilings, gorgeous hardwood floors, and a propane fireplace. The chef's eat-in kitchen features rich wood cabinetry and a central island, while a 4-season circular solarium provides breathtaking 360-degree views of the water.Outdoors is a true resort-style oasis following extensive custom stone and interlock landscaping. Enjoy the covered verandah, new back multi-tier decking with fresh railings (2022), an outdoor hot tub and swimming pool/spa (2022), a play structure (2022), and a detached garage fully converted into an incredible game room (2022). Water access is second to none, featuring newly renovated shoreline docking with a boat slip (2026).Key Mechanical & Infrastructure Upgrades:Water Treatment System: Fully replaced (2024)Hot Water System: Upgraded to a tankless water heater (2024)This turn-key lifestyle paradise and premium investment opportunity leaves nothing to be done but enjoy! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 8 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 5-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.
Approximate location — exact address confirmed upon showing
This home lists at $2,499,000, about 26.6× the local median household income of $94,000.
Carrying it typically needs a household income of about $488,142 (20% down, 25-yr amortization, stress-tested) — roughly 419% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0G)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.