$1,179,999
Rideau Lakes
8 Otter Lake Road, Rideau Lakes, Ontario, K0G1L0
This 4-bedroom, 4-bathroom home in Rideau Lakes is for sale offering roughly 3,250 sq ft of space.
Welcome to Otter Lake Rd, a homesteader's dream! Built in 2020, this 1.5 story meticulously maintained country style home was designed to gather! Set far off the road w/ nearly 20 acres to roam-a beautiful cedar forest with trails big enough for a 4-wheeler, open fields & no wetlands! Mature trees incl. hickory, ash, maple, apple trees, elderberry bushes surround the home as well as a dreamy fenced vegetable garden w/ an attached shed/workshop. Inside boasts over 3000 sqft of living space with 3+1 bedrooms/4 bathrooms. The open concept layout creates a bright atmosphere for the perfect place to host family and friends. Hickory Engineered hardwood flooring runs throughout the home & an abundance of sizeable closets everywhere provide ample storage space. The kitchen includes quartz countertops, high end appliances & a large black farmhouse sink. The dining area allows for a large table for gathering & french doors to the back porch, making BBQ season easy. The living room anchors the home featuring 24 ft ceilings w/ large wood beams a double sided fireplace. The master suite features the other side of that fireplace, plenty of room for a seating area, 4 pc master bathroom w/ a large soaker tub, spacious walk in closet & french doors to the back porch. On the main level there is an additional room currently used as a nursery which could be an office or transformed into a butler's pantry for additional kitchen storage. Upstairs includes a lovely loft space w/ a separate seating area, a children's sized fort(or extra storage), 2 large bedrooms w/ walk in closets and a large 4-pc bathroom featuring a 6ft jet tub. The basement, built with ICF foundation also includes in floor heating so that it never feels like a basement in the cooler months. Completely finished, this large space is ready for games, home gym, personal business or a combination of all! There is large bedroom, 3-pc bathroom & utility room w/ lots of high-end upgraded systems. This home is a def. MUST SEE!! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 152 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 4-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 $1,179,999, about 12.6× the local median household income of $94,000.
Carrying it typically needs a household income of about $230,495 (20% down, 25-yr amortization, stress-tested) — roughly 145% 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.