$299,000

For sale

54 Thompson Lane, Rideau Lakes - Single Family for Sale

54 Thompson Lane, Rideau Lakes, Ontario, K0G1P0

2 beds1 bath4 parking900 ft²Listed 61 days ago

Overview

This 2-bedroom, 1-bathroom home in Rideau Lakes is for sale offering roughly 900 sq ft of space. It has been on the market 61 days, fresher than the Rideau Lakes average of 129 days.

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Description

Welcome to your dream waterfront retreat on pristine Newboro Lake! This charming 2-bedroom, 1-bathroom cottage offers the ultimate lakeside lifestyle and comes fully furnished, including all appliances and a barbecue, making it completely turn-key and move-in ready. Step outside to your premium waterfront setup featuring both a sturdy permanent dock and an adaptable floating dock, perfect for swimming, fishing, and mooring your boat. Excellent storage is provided by a unique boathouse that has been cleverly converted into a spacious shed, ideal for all your water toys and gear. A standout feature of the property is the massive 12x15 sun porch, offering an expansive, bug-free outdoor living space to enjoy panoramic lake views, morning coffee, or evening gatherings. If you are seeking a peaceful family getaway this lakeside gem delivers the classic cottage experience. Just pack your bags, move right in, and start making memories on the water today!( This cottage is on leased land. Automatic renewal each year. Government lease.) (id:66096)

Property Details

MLS®: X13744506
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Storeys: 1
Style: Bungalow
Heating: Baseboard heaters, Electric
Garage: No Garage
Waterfront: Yes
Property Tax: $2,492/yr
Listed: 61 days ago

Rooms

Main level

Sunroom: 3.66 x 4.72 meters
Living room: 5.28 x 5.18 meters
Bedroom: 2.59 x 3.4 meters
Bedroom 2: 2.64 x 3.4 meters
Bathroom: 1.83 x 2.54 meters
Kitchen: 3.43 x 3.51 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Exterior: Vinyl siding
Lot Features: Gazebo

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

61d

Rideau Lakes listings, avg age

129d

Price / ft²

$332

List price

$299K

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.

Haho

This 2-bed single family in Rideau Lakes has been listed for 61 days, which is 68 days fresher than the city average of 129. Act while there is still low competition.

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Listed by RE/MAX AFFILIATES MARQUIS · Brad Wing

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0G)

This home lists at $299,000, about 3.2× the local median household income of $94,000.

Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $94,000
Population: 39,862
Median age: 50.4
Owner / renter: 88% / 12%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0G)

$299,000· $332/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,950

Min 5%50%

Mortgage payment$1,575/mo

↳ CMHC premium ($11,362 capitalized)

Property tax (est.)$208/mo

Total monthly$1,782

Cash Needed to Close

Down payment (5%)$14,950

Land transfer tax$2,960

Est. closing costs$3,397

Total cash needed$21,307

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