$419,900

For sale

743 Highway 15, Rr#2 Highway, Rideau Lakes - Single Family for Sale

743 Highway 15, Rr#2 Highway, Rideau Lakes, Ontario, K0E1N0

2 beds1 bath4 parking900 ft²214 × 122 ft (26,175 sq ft) lot sizeListed 52 days ago

Overview

This 2-bedroom, 1-bathroom home in Rideau Lakes is for sale offering roughly 900 sq ft of space. Listed at $419,900, it is attractively priced about 35% below the $649,000 median asking price in Rideau Lakes. It has been on the market 52 days, fresher than the Rideau Lakes average of 129 days.

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Description

LOCATION, LOCATION, LOCATION!! Discover the perfect mix of charm, comfort, and location with this beautifully kept bungalow, situated on a large, private lot along the peaceful Morton River. Enjoy direct access from the river to Lower Beverley Lake right from your backyard, or take a short drive to the nearby boat launch to explore the majestic Rideau system. Whether you're seeking a year-round residence or a tranquil retreat, this home offers excellent access to outdoor adventure with Rock Dunder just two minutes away and Gananoque only 15 minutes down the road.Recent upgrades include a high-efficiency propane furnace(2025), metal roof, central A/C, and a generator system to power the home during outages. Step outside to your spacious deck and enjoy quiet mornings, family barbecues, or evenings under the stars. Don't miss out on this lovely house and start your adventures right from home! (id:66096)

Property Details

MLS®: X13778794
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 214 × 122 ft (26,175 sq ft)
Frontage: 214 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: No Garage
Waterfront: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Kitchen: 3.56 x 5.91 meters
Dining room: 2.99 x 3.48 meters
Living room: 6.56 x 3.47 meters
Primary Bedroom: 4.42 x 4.72 meters
Bedroom 2: 3.86 x 2.31 meters
Bathroom: 1.52 x 2.32 meters
Laundry room: 2.58 x 2.31 meters

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Water Heater
Foundation: Slab
Exterior: Vinyl siding

Services

Sewer: Septic System
Utilities: Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Rideau Lakes listings, avg age

129d

Price / ft²

$467

List price

$420K

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 52 days, which is 77 days fresher than the city average of 129. Act while there is still low competition.

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Listed by LPT REALTY, BROKERAGE · JASON CLARKE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0E)

This home lists at $419,900, about 5.1× the local median household income of $83,000.

Carrying it typically needs a household income of about $82,021 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 39,649
Median age: 49.6
Owner / renter: 84% / 16%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0E)

$419,900· $467/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,995

Min 5%50%

Mortgage payment$2,212/mo

↳ CMHC premium ($15,956 capitalized)

Property tax (est.)$141/mo

Total monthly$2,352

Cash Needed to Close

Down payment (5%)$20,995

Land transfer tax$4,873

Est. closing costs$3,760

Total cash needed$29,628

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