$1,699,900
Rideau Lakes
499 Bush Road, Rideau Lakes, Ontario, K0G1E0
This multi-family property in Rideau Lakes is for sale offering roughly 2,750 sq ft of space. It has been on the market 62 days, fresher than the Rideau Lakes average of 130 days.
Smart, stylish and sophisticated, this multi residence property that is absolute perfection for those looking for a property fitting the extended or multi generational. In the new era of families wanting to be close or share space, this 20 acre property has so much to offer everyone. Built in 2023 and consisting of a 1730 sqft "main house" w/ an attached (by the triple car garage) 1158 sqft separate suite and a completely detached 1238 sqft bungalow just a stones throw next door. The "main house" is a 3 bedroom, 2 full bath, open concept design with full basement allowing a doubling of square footage when finished. Features like a chefs kitchen w/ quartz counters and centre island, living room w/ fireplace focal point, quality flooring throughout, primary bedroom w/ walk in closet and full ensuite bathroom, and a huge laundry/mud room with access to triple garage. The 2 bedroom, 2 bathroom attached suite is equally stunning. Quartz counters again in the lovely kitchen, quality flooring throughout, a separate entrance, full basement for future finishing, and its own furnace and A/C. Both of these residences have their own private space and link through the garage in the handiest of ways. A quick walk next door leads to the detached bungalow that houses the same quality and features as the other residences. Open concept 2 bedroom, 2 bathroom with full basement, its own well and septic system as well as furnace and A/C. A private deck and long clothesline overlook the property and there is a large detached shed for storage needs. All residences greet you with a beautiful post n beam Douglas fir porch. Located in Rideau Lakes where you'll find numerous lakes, trails and conservation areas. Bring the "toys" as there is room for tons the fun on the 20 acres of mixed forest and fields. Wildlife are your friends and neighbours in this amazing setting. Property already divided with main house and in-law suite on 16.5 acres and separate bungalow in 3.5 acres. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 62 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 7-bed multi-family in Rideau Lakes has been listed for 62 days, which is 68 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 $1,699,900, about 18.1× the local median household income of $94,000.
Carrying it typically needs a household income of about $332,050 (20% down, 25-yr amortization, stress-tested) — roughly 253% 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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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
